Cardano

bullish

PEPE

Foundation

The post <a href="https://coinpedia.org/price-analysis/best-crypto-to-buy-right-now-amid-market-correction/">Best Crypto to Buy Right Now Amid Market Correction</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the total crypto market back under the $2 trillion valuation, the Bitcoin and Altcoin prices are witnessing a massive crash. The altcoin segment has dropped under the $850 billion market cap, and the meme coins and the trending AI tokens are on a downside roll.&nbsp; 
Amid such increased sell-off pressure, here are some gem tokens for you to buy in this market correction for a massive rally in a bull market. So here are the best cryptocurrencies to buy right now amid the market correction. 
<h2 class="wp-block-heading" id="h-best-cryptos-to-buy-nbsp">Best Cryptos To Buy:&nbsp;</h2> 
<h3 class="wp-block-heading" id="h-xrp-xrp">XRP (XRP)</h3> 
With a massive symmetrical triangle in the daily chart, the XRP price is testing its support trendline. Furthermore, it hangs near the 200-day EMA as it consolidates under the 50-day EMA and the 50% Fibonacci level at $0.5707.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf-b0ZVqzlq2ofyfVLbC-5ncma5VnBEtJ_zHxa-Yhfv6AlQt1Pilxf5v2lCU8c215isdoo8ePo9rOb1wASaI26ByoEr-KTjGpqqWWSLo-aMOhZqNunWVugxVyd0DYQbO030NQ7gz20GMWhkNrtsI7xEkErN?key=H1eT-H1_qH2rVw8sIjalCg" alt="XRP">
</figure> 
<a href="https://www.tradingview.com/x/9sGvmLYV/" target="_blank" rel="noreferrer noopener">Tradingview</a> 
Following the two-day correction, the XRP price is currently trading at $0.55185 with an intraday drop of 0.83% after the 1.98% drop last night. With a long-tail formation in the intraday candle, the underlying demand is clearly visible.&nbsp; 
Furthermore, with the recent partnerships of the Ripple Foundation in Japan and South Korea and the upcoming RippleUSD stablecoin in the coming weeks, XRP is expected to bounce back.&nbsp; 
Supporting the bullish trend, the daily RSI line maintains a higher high formation within the triangle pattern. With a bull cycle within the triangle pattern, the altcoin can find resistance at $0.60. In an optimistic case, the breakout rally will surpass the $0.72 peak for a new 52-week high near $0.75.&nbsp; 
Hence, with the recent developments and a potential bull cycle, Ripple tops the best crypto-to-buy list. For long-term price targets, read our <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP price prediction</a>&nbsp; 
<h3 class="wp-block-heading" id="h-cardano-ada">Cardano (ADA)</h3> 
With the recent upgrade of CIP-1964, the Cardano network has truly become decentralized, with the power in the hands of its users. Amidst such a massive network upgrade, the ADA price struggles to reflect a boost in the market price.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdAWOyUr1hgATNMH5BxGk1LprpZN-SB4ADewZlDFoW8gdSK1TPf1QgzwKJZOrsvhKF8IiwQPDJMzVKEZbqyiM_fA_iIz_ABFuhNMqu7dPJoyBYW0l6YepOQrlfk_Mk_iQXRWety62SMq5u5wwImtFhcqYE?key=H1eT-H1_qH2rVw8sIjalCg" alt="ADA">
</figure> 
<a href="https://www.tradingview.com/x/sS6855HC/" target="_blank" rel="noreferrer noopener">Tradingview</a> 
Currently, the ADA price action reveals a double bottom formation in a falling-wedge pattern. The baseline for the Cardano token is at $0.031.&nbsp; 
Furthermore, the bullish divergence in the double bottom formation is visible, projecting a potential bullish comeback. Currently, the altcoin is trading at $0.315 with an intraday fall of 0.94% following the 5.36% fall last night. 
However, the lower price rejection projects the possibility of a morning sharp pattern to reignite the bullish flame. On the positive side, the next resistance for the altcoin is near $0.364 at the 15-day EMA and the overhead trendline.&nbsp; 
A bullish breakout can challenge the 23.60% level at $0.42. Optimistically, with the network upgrade reflected in the market price, the bulls can reclaim the $0.50 mark and challenge the 50% Fibonacci level at $0.54. Hence, Cardano makes the list of the best crypto to buy with the massive upside potential. 
Read our <a href="https://coinpedia.org/price-prediction/cardano-price-prediction/" target="_blank" rel="noreferrer noopener">Cardano (ADA) Price Prediction</a> for a long-term overview of prices.&nbsp; 
<h3 class="wp-block-heading" id="h-pepe-pepe">PEPE (PEPE)</h3> 
With a bearish face for the meme coins, the PEPE price action reveals a falling channel pattern in the daily chart. Currently, the meme coin finds support at $0.000007042 with the high possibility of an inverted affair head and shoulder pattern. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcn7Vxw7nEtALA_lGkt8uqdmIGR8xGE5nV9pOlWsoJ9XjfMyY5M3kjcY5-m1Ao4C4S2W9t1GiB-yp1t73Rr72ZPvw-EupPmxApx0EAFIr_ZToGidzKhiY8BmHGBYYP9CGN4m0PqFW2WOpAyPK4aIjY01bXa?key=H1eT-H1_qH2rVw8sIjalCg" alt="PEPE">
</figure> 
<a href="https://www.tradingview.com/x/LRwhKgQh/" target="_blank" rel="noreferrer noopener">Tradingview</a> 
&nbsp;Another bearish signal is the declining 50-day EMA readied for a death cross with the 200-day EMA. However, the bullish divergence at the support level is massive and projects a potential turnaround.&nbsp; 
Furthermore, with the crypto market’s upcoming recovery phase, the meme coins’ bull cycle is known to give massive returns. Amid such a known performance of PEPE with a YTD year growth of $0.000007042, the meme coin has a massive upside.&nbsp; 
With this intense but healthy correction, the PEPE ranks in our best crypto-to-buy right now list.&nbsp; 
The next bottom support stands at $0.0000048 for the price targets, with the overhead targets at $0.0000010 and $0.0000012. In case of a bullish reversal rally with the broader market recovery, the meme coin could make a new 52-week high at $0.0000018. 
Also, check out our <a href="https://coinpedia.org/price-prediction/PEPE-price-prediction/" target="_blank" rel="noreferrer noopener">Pepe Price Prediction</a> for long-term price targets.

Best Crypto to Buy Right Now Amid Market Correction

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