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Top 3 Cryptocurrencies to Buy Before It’s Too Late

Top 3 Cryptocurrencies to Buy Before It’s Too Late

The cryptocurrency market saw a recovery over the weekend. While most assets started July 2024 on a bad note, they might be looking to end it on a high note. Bitcoin (BTC) attempted to break above the $60,000 level. At the time of writing, the king coin was trading at $59,880 with a 3% increase during the day. Amidst this volatility, a leading cryptocurrency analyst, Sheldon The Sniper, urged the market to buy three specific cryptocurrencies before it’s too late.

On his YouTube channel, the analyst listed a number of assets that he thought would be a good idea to buy, even saying that given his belief that the bottom is almost reached, now might be a good time to start buying these tokens.

Cryptocurrencies to Buy This Altcoin Season

Dogecoin (DOGE) – Elon Musk’s favorite cryptocurrency took a big dip during the month. But the meme coin turned things around with a daily gain of 5%. At the time of writing, DOGE was trading at $0.1137. Sheldon noted that DOGE’s goal is to retest previous highs after breaking out of them recently.

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Ripple (XRP) – Sheldon said that XRP is showing excellent strength, indicating that the altcoin’s price could rise significantly from where it is now. After a daily increase of around 3%, XRP was trading at $0.527 at the time of writing.

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Also read: Cryptocurrency: 3 Reasons Why a Crypto Pump in Q4 Is Inevitable

Solana (SOL) – Last but not least, the analyst talked about Solana’s potential and how it broke through a notable resistance after Bitcoin’s rally on July 10. He mentioned how Solana dropped from as low as $154 to around $120 but recovered strongly and is now back in the $140 region. Currently, SOL is trading at $144.92 with a 4% increase in the past 24 hours. He believes that the cryptocurrency could soon make a comeback to the $150 region, erasing all the losses from the most recent market downturn. On Solana’s chart, he also noticed a bullish pattern indicating a long-term hold.

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Also Read: Cryptocurrency: 3 Meme Coins to Double Your Money This Month