Bitcoin has recently made a strong move again, just like last Friday, suddenly liquidating a wave of leverage. This time, altcoins followed suit and fell significantly. The market still needs to tremble for a while, and it is estimated that it will not settle down until after Christmas, as retail investors on those Western chains are busy selling off to cash out. From a broader trend perspective, Bitcoin is still declining, and rebounds are intermittent. Although there is still some room for operation here, it requires real skills, and those who can navigate it can reap considerable rewards. As for retail investors, those who hold Bitcoin can sit tight, while those who do not will not easily sell even if prices drop further. The trend of altcoins still needs to follow the market.
However, from a technical perspective, altcoins that previously performed well might still fall again before a full rebound. If you dare to enter the market at this time, you might snag a great deal. Of course, this is not something everyone can do; it requires some real skills. Everyone still needs to treat it rationally based on their actual situation.
Now, the opportunity to buy the dip has come! I think these three altcoins below may have the potential to surge 10 times in the future!
The first one, ADA. Cardano has risen more than 70% this month, but it fell nearly 10% yesterday, and almost 20% in a week. However, the trading volume in the last 24 hours surged by 101%, reaching 3.7 billion USD, indicating that ADA trading is quite active. Its fundamentals are stable, and it is being used more and more. This drop is a good opportunity for long-term investors. Although the Cardano Foundation's social media was hacked, the team responded quickly, and investor confidence was not significantly affected. If ADA can hold its key position, the price may soar to 4 USD, or even 6 USD. Now, around 1.2 USD and 0.76 USD is a good buying opportunity, with a high hope for ADA's rebound.
The second one, AVAX. Avalanche also fell about 7.28% yesterday. However, when altcoins are crashing, its fundamentals and technical structure are quite stable, making it a good buying choice. Avalanche has three interoperable blockchains, solving the challenges of blockchain with both decentralization and scalability. It is recommended to buy AVAX in the range of 41 USD to 37 USD, with target prices of 94 USD to 118 USD. It can support Ethereum-compatible dApps and decentralized finance (DeFi) projects, which is key to its widespread adoption. For investors looking to leverage Avalanche's long-term prospects, it is a good choice.
The third one, DOGE. Dogecoin is a classic meme coin, and I have always been optimistic about it. It has turned from a joke into a strong competitor in the cryptocurrency market. It fell nearly 8.33% yesterday. But it has risen more than 70% in the past month, showing great resilience. Dogecoin has a loyal fan base and support from figures like Elon Musk, keeping it quite popular. The current monthly growth trend indicates that if the market stabilizes, DOGE may break through the 1 USD mark. For those who don’t mind high risk and high return, Dogecoin is one of the best meme coins in this altcoin crash.
Ambush potential coins in advance, like + comment, keep up with my rhythm, and make a fortune in this bull market!
