💥💥💥 Top Three #Altcoins👀🚀 to Watch as Bitcoin ($BTC ) Price Rebound Above $58k

The cryptomarket cap rallied over 1% in the past 24 hours, with Bitcoin reclaiming support above $58,000. This recovery has influenced key altcoins like #binancecoin (BNB), Sui (SUI), and Cardano (ADA), all signaling potential rebounds. The broader market has been buoyed by U.S. inflation easing to 2.5% and gains in major stock indexes.

Top Altcoins to Watch:

1. Decentraland ($MANA ): MANA, benefiting from Web3 adoption, has risen over 3% to $0.2719. With a $594M market cap, technical indicators like the daily RSI suggest a potential price reversal.

2. The Graph ($GRT ): GRT has seen increased short funding rates, setting up for a potential short squeeze. Trading at $0.14, it has a $1.5B market cap, with strong support at 12 cents and bullish RSI divergence signaling further upside.

3. Aave (AAVE): Aave, a top DeFi protocol, has gained 2%, trading at $147. With a $2.4B market cap, Aave is well-positioned for further growth amid the broader market recovery.

With the market showing signs of recovery, these altcoins are positioned for potential gains, supported by strong technical setups and increased interest from investors.

Source - coinpedia.org

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