Top Two Crypto Currency CoinTo Buy For $10000 Crypto Portfolio
Bitcoin halving anticipated between April 17 and 21, is spreading excitement in the crypto market and keeping investors on the edge. Expectations are galore, calling for rebalancing and redistribution of crypto to buy portfolios ahead of what could be the biggest bull run in the history of the digital asset industry. Both new and seasoned tokens present opportunities for investors to zero in and achieve over $10,000 portfolio potential. This includes crypto to buy like Pendle (PENDLE) and Solana (SOL).After the sell-off last weekend, opportunities to buy the dip and increase crypto holdings materialized considerably. This article shines a light on two tokens to buy amid the negative market shift to position yourself for a stronger rebound in 2024.
1. Solana (SOL)
The bullish outlook in the crypto market is quickly turning grim during US business hours on Monday. After topping $150 earlier today, SOL is extending a four-hour candle to $142.
Resistance at $150 reinforced by the 0.618 Fibonacci ratio threatens another sell-off back to $120, especially with the Relative Strength Index (RSI) reversing the trend downward at 41.
Not that another daily close under the RSI trendline support/resistance may imply heightened selling pressure over the coming sessions and even days.
2. Pendle (PENDLE)
Despite broader market consolidation, Pendle coin has shown a robust recovery since mid-March, surging 225% from $2.30 to a high of $7.53. However, the geopolitical issue in the Middle East triggered a temporary pullback to $4.9, before the asset regained its above at $6.88.
Moreover, with the upcoming Bitcoin Halving just around the corner, the broader is expected to witness a renewed recovery potential impact on the Pendle price for higher recovery.