Altcoins
Top 3 Altcoins Ready for Rally for the First Time Since March
March was one of the most bullish months for the crypto market, where all cryptocurrencies had the opportunity to reach new highs and deliver high returns. Although the current month has been rather favorable for altcoins, the trends have changed and the bears are taking over the bulls. In this chaos, most altcoins are falling, providing the opportunity to buy them cheaply and sell them once conditions become favorable.
Some of them have consolidated since March without any major spike in the meantime. On that note, let’s take a look at some altcoins to buy before they rebound for the first time since March.
Avalanche is a popular blockchain network and its native token, AVAX, is among the top altcoins on the market. Its market capitalization stands at $11.9 billion, ranking it 12th in the world. CoinmarketCap. At the time of writing, the AVAX Price is $30.26, steadily declining since March, when it hit its all-time high of $146.22. However, this is about to change as the bullish market situation will push this altcoin to March highs.
After its decline in late May, TRON has slowly risen this month, attracting the attention of investors. THE TRX Price is currently at $0.115 with a market cap of 10 billion, placing it among the top 15 altcoins. It had reached $0.1422 earlier in March, but was still halfway to the record target of $0.3004 set six years ago. Analysts predicting higher prices in the next quarter with altcoin season
TRX could target a value near the ATH.
Brett is already on a higher rally than in March, as he was new to the market at the time. It is at its peak and recently created the all-time high target of $0.1939 just a week ago. Although the Brett Price has moved away from it and is 28% away from the ATH with its current value of $0.1408, there is a strong possibility of recovery or an even greater price rise due to its increased demand in the market .
Many other altcoins were waiting for a similar rally in March to maintain their value through weeks of losses. Current market conditions are not the most favorable for rallies, but once the market recovers, Avalanche, TRON and BRETT will be the first altcoins to rise.
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