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<p>The post <a href="https://coinpedia.org/price-analysis/buy-the-dip-santiment-unveils-top-altcoins-to-buy-following-bitcoin-price-crash-below-62k/">Buy The Dip: Santiment Unveils Top Altcoins To Buy Following Bitcoin Price Crash Below $62k</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>After shedding more than 6 percent in the past 24 hours, the total cryptocurrency market capitalization stabilized at around $2.44 trillion on Wednesday. The healthy crypto market correction has presented several opportunities for investors to buy the dips, led by <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin (BTC)</a> and <a href="https://markets.coinpedia.org/ethereum/">Ethereum (ETH).</a>&nbsp;</p> 
<p>However, depending on today’s interest rate data from the United States Fed, the cryptocurrency market could continue to experience further losses in the coming days. From a technical perspective, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin price </a>could drop to the following support range between $56,251 and $60,279, which coincides with the 0.5 and 0.382 Fibonacci Retracement.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-top-altcoins-to-keep-an-eye-on">Top Altcoins to Keep an Eye On</h2> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> Following <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>'s drop to a 2-week low of $61.7K Tuesday, the <a href="https://twitter.com/santimentfeed?ref_src=twsrc%5Etfw">@santimentfeed</a> MVRV Opportunity &amp; Danger Zone Model indicates that several <a href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#altcoins</a> have finally dropped enough for mid-term trading returns to be in an <a href="https://twitter.com/hashtag/opportunity?src=hash&amp;ref_src=twsrc%5Etfw">#opportunity</a> zone. This zone gets breached when an asset's… <a href="https://t.co/LAJxDtc1kp">pic.twitter.com/LAJxDtc1kp</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1770249809280237856?ref_src=twsrc%5Etfw">March 20, 2024</a>
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<p>With Bitcoin’s price dropping to a two-week low of below $62k on Tuesday, the on-chain intelligence platform Santiment noted that some altcoins presented a potential bullish opportunity. Using the Market Value to Realized Value (MVRV) Opportunity and Danger Zone Model, Santiment highlighted that several altcoins have dropped enough to be in the opportunity zone.</p> 
<p>Some of the altcoins in the opportunity zone include Lido DAO (LDO), OMG Network (OMG), Storj (STORJ), Synthetix Network (SNX), and $BOUNCE.</p> 
<blockquote class="wp-block-quote"> 
 <p>“In a zero-sum game like crypto, projects with minimal returns compared to the rest of the sector have a higher probability of a more efficient rebound for those willing to buy the dip on projects traders are in the most pain on,” Santiment <a href="https://x.com/santimentfeed/status/1770249809280237856?s=46">noted</a>.&nbsp;</p> 
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<h2 class="wp-block-heading" id="h-time-to-get-aggressively-bullish-on-altcoins">Time to Get Aggressively Bullish on Altcoins</h2> 
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   <p lang="en" dir="ltr">BlackRock just put $100 MILLION on <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a><br><br>This is the most bullish news possible for Ethereum, and the price is $3,170!<br><br>HIGHER!!! <a href="https://t.co/o1GPPl1Nbj">pic.twitter.com/o1GPPl1Nbj</a></p>— borovik.eth (@3orovik) <a href="https://twitter.com/3orovik/status/1770232793299112171?ref_src=twsrc%5Etfw">March 19, 2024</a>
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<p>After registering historical success on its spot <a href="https://markets.coinpedia.org/bitcoin-etf/">Bitcoin ETF</a>, BlackRock is now focused on offering Ethereum-based products to its clients. According to on-chain data, BlackRock recently tokenized $100 million on the Ethereum network despite the ongoing market correction.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/bitcoin-drops-below-62000-the-btc-price-is-still-in-the-middle-of-the-bull-cycle/">Bitcoin Drops Below $62,000: The BTC Price Is Still in the Middle of the Bull Cycle</a></p>

Buy The Dip: Santiment Unveils Top Altcoins To Buy Following Bitcoin Price Crash Below $62k

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