FOMC

Solana

Manta Network

Bitcoin

Rekt

<img width="1920" height="1080" src="https://coingape.com/wp-content/uploads/2024/01/altcoins-1.jpg" class="attachment-full size-full wp-post-image" alt="3 Best Crypto To Buy Today 30 Jan: BTC, SOL, MANTA" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2024/01/altcoins-1.jpg 1920w, https://coingape.com/wp-content/uploads/2024/01/altcoins-1-300x169.jpg 300w, https://coingape.com/wp-content/uploads/2024/01/altcoins-1-1224x689.jpg 1224w, https://coingape.com/wp-content/uploads/2024/01/altcoins-1-768x432.jpg 768w, https://coingape.com/wp-content/uploads/2024/01/altcoins-1-1536x864.jpg 1536w, https://coingape.com/wp-content/uploads/2024/01/altcoins-1-678x381.jpg 678w, https://coingape.com/wp-content/uploads/2024/01/altcoins-1-150x84.jpg 150w" sizes="(max-width: 1920px) 100vw, 1920px">
The crypto market’s been hanging tough this week, even after Bitcoin took a dip below $39,000 after the long-awaited launch of the first&nbsp;<a href="https://coingape.com/bitmex-arthur-hayes-predicts-40-correction-in-btc-price-post-spot-bitcoin-etf-approval/">Bitcoin ETFs</a>. Before that, the excitement had fueled a rally for&nbsp;<a href="https://coingape.com/best-crypto-to-buy/">the best crypto to buy</a>&nbsp;since October. Now, things are a bit shaky, but there are signs of stability. 
Experts like Michaël van de Poppe, founder of MN Trading Consultancy, are even urging investors to “buy the dip,” suggesting this correction might be the last before a big upswing before the next&nbsp;<a href="https://coingape.com/halving/bitcoin-halving/">Bitcoin halving</a>. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Buy the dip. 
 How much people scream it goes lower, just buy every 20-40% dip. 
 — Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1752284276630962221?ref_src=twsrc%5Etfw">January 30, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 class="p1" id="1-is-bitcoin-btc-the-best-crypto-to-buy-today">1. Is Bitcoin (BTC) The Best Crypto To Buy Today?</h2> 
Bitcoin has been accepted in a slightly higher range relative to the sell-off below $39,000. The uptick in price into the range between $42,000 and $44,000 can greatly be attributed to enhanced investor confidence to buy the dip. 
If traders ignore the oversold conditions in short time frames like the four-hour chart and continue to enter new positions, Bitcoin price could steady the uptrend targeting $50,000 next. 
<figure id="attachment_177487" aria-describedby="caption-attachment-177487" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-177487" src="https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28.png" alt="BTC price chart " width="2710" height="1454" srcset="https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28.png 2710w, https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28-300x161.png 300w, https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28-1224x657.png 1224w, https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28-768x412.png 768w, https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28-1536x824.png 1536w, https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28-2048x1099.png 2048w, https://coingape.com/wp-content/uploads/2024/01/BTCUSD_2024-01-30_14-53-28-150x80.png 150w" sizes="(max-width: 2710px) 100vw, 2710px">
 <figcaption id="caption-attachment-177487" class="wp-caption-text">
 BTC price chart | Tradingview
 </figcaption>
</figure> 
With the ETF out of the way, investors are now speculating on the impact of the upcoming Bitcoin halving. Historically, BTC rallies before and after halving, with the latter often being a staggering move. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> 
 5 Phases of The Bitcoin Halving 
 1. Pre-Halving period 
 Approximately 77 days remain until the Bitcoin Halving in April 2024 
 Historically, any deeper retraces that occur during this orange period tend to generate fantastic Return On Investment for investors in the several… <a href="https://t.co/8JC8qX2IVm">pic.twitter.com/8JC8qX2IVm</a> 
 — Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1752039324319650183?ref_src=twsrc%5Etfw">January 29, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Halving shrinks the supply of Bitcoin and with demand increasing, a rally eventually erupts. It is anticipated that the post-halving rally in 2024 and 2025 could be unprecedented. 
Recommended:&nbsp;<a href="https://coingape.com/bitcoin-price-how-will-the-fomc-meeting-impact-btc/?utm_source=24hrsupdatebitcoin">Bitcoin Price: How Will The FOMC Meeting Impact BTC?</a> 
<h2 class="p1" id="2-solana-sol">2. Solana (SOL)</h2> 
Solana price completed a V-shaped recovery following a nerve-shattering dive to $80 in January. The smart contracts token had prior to this, in December, rallied to hit $125. 
&nbsp;Following the V-shaped uptick, SOL holds at $105 at the time of writing. Since the uptrend is beginning to look shaky, traders will be on the lookout for a higher range support around $100. 
<figure id="attachment_177488" aria-describedby="caption-attachment-177488" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-177488" src="https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00.png" alt="SOL price chart " width="2710" height="1454" srcset="https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00.png 2710w, https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00-300x161.png 300w, https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00-1224x657.png 1224w, https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00-768x412.png 768w, https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00-1536x824.png 1536w, https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00-2048x1099.png 2048w, https://coingape.com/wp-content/uploads/2024/01/SOLUSD_2024-01-30_15-13-00-150x80.png 150w" sizes="(max-width: 2710px) 100vw, 2710px">
 <figcaption id="caption-attachment-177488" class="wp-caption-text">
 SOL price chart | Tradingview
 </figcaption>
</figure> 
The Relative Strength Index (RSI) backs the uptrend but the current overbought conditions could pave the way for a temporary correction to allow&nbsp;<a href="https://coingape.com/top-analyst-predicts-solana-sol-price-to-hit-113-soon/">Solana</a>&nbsp;to collect liquidity to back the bullish thesis. 
Solana has the potential to rise to a new all-time high based on the massive rally from October. At the time SOL was worth around $20. Therefore, upholding key support areas like $100 would go a long way to ensure that the uptrend stays intact. 
<h2 class="p1" id="3-manta-network-manta">3. Manta Network (MANTA)</h2> 
Manta Network is still one of crypto’s top 3 trending projects based on data by&nbsp;<a rel="nofollow" href="https://coinmarketcap.com/">CoinMarketCap</a>. Although new, the token listing on Binance boosted its performance last week such that it has rebounded to trade in a narrow range between $3.4 and $3.8. 
The low range support at $3.4 implies that buyers have a chance to uphold the bullish outlook. Traders can also depend on a robust forming ascending trendline support. 
Manta Network has on several occasions bounced off the trendline. Hence, the a high expectation of a larger upswing targeting $4 in the coming few days. 
<figure id="attachment_177489" aria-describedby="caption-attachment-177489" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-177489" src="https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13.png" alt="MANTA price chart" width="2710" height="1454" srcset="https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13.png 2710w, https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13-300x161.png 300w, https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13-1224x657.png 1224w, https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13-768x412.png 768w, https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13-1536x824.png 1536w, https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13-2048x1099.png 2048w, https://coingape.com/wp-content/uploads/2024/01/MANTAUSD_2024-01-30_15-31-13-150x80.png 150w" sizes="(max-width: 2710px) 100vw, 2710px">
 <figcaption id="caption-attachment-177489" class="wp-caption-text">
 MANTA price chart | Tradingview
 </figcaption>
</figure> 
For now, traders must be careful not to jump the gun and be bull-trapped. Until&nbsp;<a href="https://coingape.com/manta-price-jumps-62-after-the-successful-manta-network-launch/">MANTA</a>&nbsp;bounces off the grey band area, it would be wise not to trigger any buy orders. 
The 200 Exponential Moving Average (EMA) (purple) is in line to absorb the selling pressure. If support at $3.4 weakens, the 200 EMA would serve as another important buy-the-dip level allowing investors to DCA and maximize returns. 
<h3 class="p1" id="related-articles">Related Articles</h3> 
<ul> 
 <li><a href="https://coingape.com/bitcoin-price-analyst-who-predicted-38k-drop-says-50000-coming-soon/">Bitcoin Price: Analyst Who Predicted $38K Drop Says Rally To $50,000 Next</a></li> 
 <li><a href="https://coingape.com/bitcoin-etf-advertisements-go-live-on-google-search-platform-in-us/">Bitcoin ETF Advertisements Go Live On Google Search Platform In US</a></li> 
 <li><a href="https://coingape.com/just-in-bitcoin-miner-griid-goes-live-for-trading-on-nasdaq/">Bitcoin L2 Ecosystem Gets A Major Boost As Mintlayer Goes Live</a></li> 
</ul> 
The post <a href="https://coingape.com/markets/3-best-crypto-to-buy-today-30-jan-btc-sol-manta/">3 Best Crypto To Buy Today 30 Jan: BTC, SOL, MANTA</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

3 Best Crypto To Buy Today 30 Jan: BTC, SOL, MANTA

目次

Coingape News Media

2024年1月30日公開の他の記事

New Cryptocurrency Releases, Listings, and Presales Today – RDEX, ZDEEX, EngineAI

Bitget Lists API3 (API3) in Innovation Zone and DeFi Zone

XRP on the Verge of a Mega-Surge? Analysts See 2017 Echo in Charts

Top Crypto CEO and Polygon Backer Accumulating New Altcoin at $0.09—Could This be the Next Big Th...

Binance Adapts to Rising Counterparty Risk: Offers Custody with Swiss Banks

Retik Finance (RETIK) at $0.09 becomes a new favourite among Polygon (MATIC) and Shiba Inu (SHIB)...

ニュースレターを購読して暗号資産の最新情報を毎日入手！