Solana

Bitcoin

April

Fantom

Avalanche

The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-stack-as-the-market-recovers-from-recent-correction/">Top Altcoins To Stack As The Market Recovers from Recent Correction</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the crypto market participants witnessing a huge increase in supply pressure this week, the sell-off run with profit bookings has begun not just in <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a> but also altcoins. Following a couple of weeks of high momentum bull run, the market takes a quick plunge before reaching the highly anticipated $3 trillion market cap.&nbsp; 
With this sell-off coming before the most-awaited Bitcoin Halving in April 2024, the <a href="https://coinpedia.org/beginners-guide/what-is-altcoin/">altcoins</a> are under a retest arc. Amidst the falling market of altcoins, some tokens are worth buying at lower levels as they have a high potential to bounce back with the market recovery to scale new heights.&nbsp; 
Looking out for such altcoins to outperform the market in the next recovery? Well, we bring to you a list of our Top altcoins to stack as the market recovers from recent correction. 
<h2 class="wp-block-heading" id="h-top-altcoins-to-stack">Top Altcoins To Stack</h2> 
Avalanche (AVAX)&nbsp; 
Amidst the market pullback and recovery, the <a href="https://coinpedia.org/price-prediction/avalanche-avax-price-prediction/">AVAX price</a> trend remains mostly unaffected and continues the bull run. Crossing above the crucial barrier of the 50% Fibonacci level, altcoin sustains its place amongst the top performers. Thus, the altcoin remains one the top choices to to stack ast the market recovers.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140-1024x509.png" alt="" class="wp-image-279272" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163128/image-140.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/7C0o7bfM/">Tradingview</a> 
As per the weekly chart, the AVAX price shows a bullish reversal with a rounding bottom breakout to surpass the $50 mark. As the buyers reclaim this psychological mark, the possibility of an uptrend in Avalanche increases significantly.&nbsp; 
With this breakout rally, the altcoin is ready to hit the $100 mark at the 78.60% Fibonacci level. Hence, the breakout event brings an entry opportunity for sideline traders.&nbsp; 
Solana (SOL) 
Known for being one of the top blue chip performers in the crypto industry, this altcoin has seen it all. From crashing more than 90% in the 2021 bear market to a remarkable recovery in 2033. With such resilience and a strong network, Solana is on everyone’s list of top altcoins to stack as the market recovers.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141-1024x509.png" alt="" class="wp-image-279274" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163135/image-141.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/8Y310UfV/">TradingView</a> 
Upon analyzing Solana’s weekly chart, I noticed that the price has displayed a quick reversal in the last few months. Further, the uptrend remains unaffected under the recent market correction and continues to make a bullish weekly candle with a 36% return.&nbsp; 
As the<a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/"> SOL price</a> aims to cross the 78.60% Fibonacci retracement level, the altcoin is closing towards the $200 psychological mark. Upon this breakout, the uptrend can easily reach the $250 mark as the market recovers. 
Fantom (FTM) 
Being one of the top-performing low-cap coins in the list of Top 100 cryptocurrencies, Fantom is signaling a trend reversal starting in the weekly chart. With a bullish reversal of more than 100% in March 2024, the <a href="https://coinpedia.org/price-prediction/fantom-ftm-price-prediction/">FTM price</a> is witnessing a huge increase in underlying demand, leading to a bull run.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142-1024x509.png" alt="" class="wp-image-279276" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163146/image-142.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/odCnn1ym/">TradingView</a> 
With a minor hiccup on Thursday, the bull run continues in Fantom and crosses the 23.60% Fibonacci retracement level. This increases the bullish gap in the 50W and 200W EMA, post-golden crossover. 
Hence, with the rising buying pressure and the breakout event, the FTM price trend is highly likely to reach $2.&nbsp; 
PYTH Network (PYTH) 
The recently launched PYTH network found a quick rise in demand in 2024, and this year’s bull market contributed to the increase. Rising from the low of $0.21 to its all-time high of $1.15, the <a href="https://coinpedia.org/price-prediction/pyth-price-prediction/">PYTH price </a>action displays an excellent uptrend. Hence, this Top altcoin is one to stack as the market recovers.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143-1024x509.png" alt="" class="wp-image-279277" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/16163225/image-143.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/dfPciowk/">Tradingview</a> 
Breaking above the rising channel pattern, the PYTH price showcased an 86% rise in the last ten days. With this uptrend and breakout event, the sideline traders are hopping on the rising native token’s price.&nbsp; 
Further, the altcoin breaks above the 1.618 Fibonacci level, hinting at a bull run extension. Therefore, the PYTH price could surpass the psychological mark of $1.50 in the coming recovery session.&nbsp;&nbsp;

Top Altcoins To Stack As The Market Recovers from Recent Correction

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