5 mainstream currencies suitable for buying on dips

But you have to pay attention to the Fed's decision tonight

1. Bitcoin (BTC)

The price of Bitcoin has fallen to a low of 56,552 after falling 13% this week.

The king of cryptocurrencies has now fallen to a two-and-a-half-month low, which is why it is a perfect choice for buying cryptocurrencies on dips.

It hit a record high of $73,750.07 two and a half months ago and is expected to reach a target of $100,000 by the end of this year.

2. Ethereum (ETH)

Ethereum also fell to a two-and-a-half-month low of 2,814 after falling 11% in a week.

It has fallen more than 19% in April.

As the king of altcoins, it will definitely be the first to bear the brunt of the bull market.

3. Solana (SOL)

Solana prices are close to a three-month low and are currently trading at $123.76, down 21% this week and 38% for the entire month.

This is just a minor setback for the Solana network, and recovery will be easier due to the increased demand and performance of the Solana meme coin.

4. Dogecoin (DOGE)

Despite being the king of memes, Dogecoin was left out of the meme craze last month as its price dropped by more than 40%.

Dogecoin is trading at $0.1243, down 10% in a day. This is Dogecoin’s lowest point in the past month, so it is a perfect time to buy the cryptocurrency on dips and take profits once the market recovers.

5. Litecoin (LTC)

It is a cheaper and faster version of Bitcoin.

Following Bitcoin’s footsteps, Litecoin also fell to $76.57 after falling 26% in a month.

Litecoin has the potential to soar to three times its current value, making it a good option to consider buying in this slow market.

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