Bitcoin

Toncoin

Conflux

The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-buy-if-bitcoin-slips-under-60000/">Top Altcoins To Buy If Bitcoin Slips Under $60,000</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With another surge in supply, Bitcoin price takes another dip to the $60,000 demand zone. Amidst such conditions, the altcoin sector plunges with the altcoin market cap clings to $1 trillion.&nbsp; 
Nevertheless, the institutions are bullish in the long term with the anticipation of Bitcoin hitting $100,000 in 2024. Hence, a dip under the $60,000 zone will bring a great opportunity to stack altcoins at lower prices. So, let’s take a closer look at some high-potential coins to buy if BTC slips under $60,000.&nbsp;&nbsp; 
<h2 class="wp-block-heading" id="h-toncoin-ton">Toncoin (TON)</h2> 
With a bullish trend in motion, the TON price shows a rising wedge in the daily chart. Further, the altcoin sustains dominance above the 50D EMA and is up by 53% in the last two months.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeXNTsSxKfAZyiZ2sTRbdoTL4W42g-Qfogx_ADsGJVAwcsb5nlw1vxlFz1VKgkM-6u_00IsgWI4QVTnyNSgepmSrBg10Hm0F8mUWSmLAmjD1G6hQiNQ3HABGVHSo5jwJ8MwGeoQqjEdM7f5016y0Lu4Jcc?key=RoTAlNEw3CG6_mVUf1ZT3w" alt="">
</figure> 
<a href="https://www.tradingview.com/x/rNKlD9G6/">Tradingview</a> 
However, the increasing overhead supply forms a resistance trendline that completes a rising wedge. Further, the MACD and signal lines on the verge of a bullish crossover bolster the uptrend chances.&nbsp; 
With a breakout rally, the TON price can surpass the $10 psychological mark and potentially reach the $13.26 level. In case of a breakdown under 50D EMA, the altcoin could test the $6 mark, a suitable spot to buy the dip.&nbsp; 
<h2 class="wp-block-heading" id="h-tron-trx">Tron (TRX)</h2> 
With a bullish breakout rally of a triangle pattern, the TRX price reveals an uptrend in motion. Further, the bull cycle completes a rounding bottom reversal to avoid death cross between the 50D and 200D EMA.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeoslfoQgpKtj6iuo3RkfJzhqHHBaJa_glpW2n92e3WA_hDE1Sg7l24RZl35OkidizmsBU9CoucXa9Et2aqGHf5aPeEK_AfgMtedlYB8UCZbLg8wFy0ZuF4IiZC5qYNTYtOhbQdKv2XGGmOvNZlD6wNIrnw?key=RoTAlNEw3CG6_mVUf1ZT3w" alt="">
</figure> 
<a href="https://www.tradingview.com/x/37XdECu5/">Tradingview</a> 
Currently, the TRX price trades at $0.12 with an overnight jump of 1.16%. Further, the altcoin has been up by 15% in the last 35 days, leading to a positive trend of MACD and signal lines surpassing the zero line.&nbsp; 
With the rounding bottom break, the TRX price tests the 61.80% Fibonacci level and teases a bull run to the $0.14 mark. In case of a crypto market dump, the altcoin can test the $0.12 or $0.10 mark before reinstating a fresh bull run.&nbsp; 
<h2 class="wp-block-heading" id="h-conflux-cfx">Conflux (CFX)</h2> 
With a falling wedge similar to other altcoins, the CFX price trend is under a bearish influence in the short term. As the bull cycle gains momentum, the altcoin prepares for a breakout rally.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXce9dew_2rWeN_utnlFdV2LgXEFksLw7ywpXZCG8S605sGuo9DjjoJlAHa5AEEhkElY-XUYoAG01F7WG34ze1uA3jEvRh8ruQRjfiNokQmoEj8foj3WGJ0NksBGSBBi3I9ggoVzXmIzrquLxv33VmZ0BvIu?key=RoTAlNEw3CG6_mVUf1ZT3w" alt="">
</figure> 
<a href="https://www.tradingview.com/x/jOPAPz6b/">Tradingview</a> 
However, the breakout rally will face multiple resistances like the 50D EMA, 200D EMA, $0.20 resistance, and 23.60% Fibonacci. Hence, a sideways trend is possible close to the overhead supply zone.&nbsp; 
As the bullish crossover of the MACD and signal lines gains momentum, the CFX price could land the 50% Fibonacci at $0.28.

Top Altcoins To Buy If Bitcoin Slips Under $60,000

İçindekiler

CoinPedia News

3 Tem 2024 tarihli diğer yazılar

Exclusive Interview with Luka Mrkic: Insights from Lunar Strategy’s Head of Sales

Sydney Sweeney’s X account hacked to promote crypto memecoin

XRP Price Dip: Should Investors See This as a Buying Chance?

Best Crypto to Buy Right Now July 2 – GateToken, Hedera, SingularityNET

$500M of UAE real estate tokenized in MAG & Mantra partnership

VanEck Announces the Only Obstacle to Solana ETFs!

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!