The post Must Buy Altcoins That Could Hit A New All-Time High appeared first on Coinpedia Fintech News
With the Bitcoin price trading above $62K, the crypto market anticipates a bullish week ahead. Amidst the changing sentiments, the top large-cap altcoins offer massive upside potentials for a new all-time high this week.
With opportunities to buy large-cap altcoins before the bull run, let’s take a closer their price chart.
Top Large Cap Altcoins To Buy This Week: Binance (BNB)
BNB, the native token of Binance, has been up by 13.03% in the last seven days and has revealed a streak of bullish candles. With the crypto market heating up, the trading volumes over Binance are expected to increase as it dominates the centralized crypto trading market.
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In the weekly chart, the recovery rally is under the shadow of a 15% drop bearish engulfing candle in early July. However, the altcoin reclaims the 50% Fibonacci level at $537 and trades at $557.
As the altcoin rally takes support from the 50W EMA, the uptrend continuation could surpass the $800 level.
Solana (SOL)
Known as Ethereum Killer, the native token of the Layer-1 Solana ecosystem, SOL, is ready for a bull run this recovery week. The SOL price trend shows a potential double bottom formation at the 50% Fibonacci level while taking support from the 50W EMA.
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With the 12% jump last week and the 2.97% intraday jump, the bull run chances are high this week. Breaking above the 61.80% Fibonacci level at $158, the bull run in this altcoin could hit the $200 mark.
As per the Fibonacci levels, the SOL price can reach the $400 mark for a new all-time high this year.
Toncoin (TON)
With a market cap of $18.76 Billion, Toncoin ranks at #8 with a 5.25% jump last week. As the broader market recovery gains momentum, the TON price is ready to lift off from the support trendline.
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Sustaining above the 50D EMA, the altcoin is struggling above the 50% Fibonacci level at $7.48. A breakout rally could ignite the bull run in the altcoin to hit the $10 psychological mark.
