Altcoins
Top 3 Altcoins Set to Rally for the First Time Since March
March was one of the most bullish months for the cryptocurrency market, where all cryptocurrencies had the opportunity to reach new heights and offer high returns. Although the current month has been quite favorable for altcoins, trends have changed and bears are gaining the upper hand over bulls. In this chaos, most altcoins are falling, providing an opportunity to buy them at a low price and sell them once conditions become favorable.
Some of these have been consolidating since March without any significant peaks occurring in between. On that note, let’s take a look at some altcoins to buy before they rally for the first time since March.
Avalanche is a popular blockchain network and its native token, AVAX, is among the best altcoins on the market. It has a market capitalization of $11.8 billion, ranking 12th CoinmarketCap. At the time of writing, the AVAX Price is $30.20, continuously declining since March, when it rose to its all-time high of $146.22. However, this is about to change as the impending bull market situation will push this altcoin to March highs.
After declining in late May, TRON has slowly risen this month, attracting investors’ attention. THE TRX Price it is currently at $0.1152 with a market capitalization of 10 billion, which places it among the top 15 altcoins. It had risen as high as $0.1422 by early March, but was still halfway to the all-time high target of $0.3004 set six years ago. Analysts estimate a price rally in the next quarter altcoin season
TRX could target a value close to ATH.
Brett already rallied higher than in March, as he was new to the market at the time. It is at its peak and recently reached the all-time high target of $0.1939 just a week ago. Although the Brett Price has moved away from this and is 28% away from ATH with its current value of $0.1413, there is a high possibility of recovery or even greater price rally due to its higher demand on the market.
Many other altcoins were waiting for a similar rally starting in March to maintain their value during the weeks of losses. Current market conditions are not the most favorable for rallies, but once the market recovers, Avalanche, TRON, and BRETT will be the first altcoins to rise.
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