The Top 6 Cryptocurrencies to Invest for the Long Term

Share IT

Looking for the best cryptocurrencies to invest in for the long term? Here are The Top 6 Cryptocurrencies to Invest in for the Long Term Wealth Creation that can be 100x your wealth.

Bitcoin

Bitcoin is the OG Crypto that was created in 2009. It is the most popular and widely-accepted cryptocurrency, and its price has seen significant growth over the past few years. Bitcoin is a good investment for the long term because it is a store of value and has a limited supply.

The Top 6 Cryptocurrencies To Invest For The Long Term

Retested successfully above the inverse head & shoulder. A big move is coming soon ????????

Ethereum

Ethereum is the second-most popular cryptocurrency and is known for its smart contracts platform. Smart contracts can self-execute and they can be used to automate transactions and agreements. Ethereum is a good investment for the long term because it has a large and active community and is constantly evolving.

The Top 6 Cryptocurrencies To Invest For The Long Term

On the Weekly TF level the price action of $ETH Formed out Ascending Triangle pattern where the price action bounced back from its Horizontal Support level. It’s currently respecting our horizontal Resistance level from where we can expect a rejection level.

Binance Coin

BNB is the official token of the the largest crypto exchange in the world, and it’s used to pay for fees on the exchange. Binance Coin is a good investment for the long term because it is backed by a large and successful exchange.

The Top 6 Cryptocurrencies To Invest For The Long Term

On Weekly TF level the price action of $BNB Formed out Bearish Flag Pattern level where it has broken down the Horizontal Support level and currently heading towards its second weekly S/R level marked between the $241.2 to $206.4 level.

We can see the price action will claim out the 2nd Support level.

Solana

Solana is a relatively newer cryptocurrency that has seen significant growth in recent times. Solana is a high-performance blockchain that can process transactions quickly and cheaply. Solana is a good investment for the long term because it has the potential to disrupt the traditional financial system.

The Top 6 Cryptocurrencies To Invest For The Long Term

On the Weekly TF level the price action of $SOL After following the Head & Shoulders patterns reached its Weekly Demand zone level and currently consolidating at that level.

MATIC

MATIC is a layer-2 scaling solution for Ethereum. MATIC allows for faster and cheaper transactions on Ethereum. MATIC is a good investment for the long term because it has the potential to reduce the congestion on Ethereum and make it more user-friendly.

The Top 6 Cryptocurrencies To Invest For The Long Term

On the Weekly TF level, the price action of $MATIC Formed out Ascending Triangle pattern level where the price action has broken down the Support trendline level.

Also formed out Bullish Harmonic Shark pattern level where the price action is yet to complete our D leg level.

Litecoin

Litecoin is a fork of Bitcoin that is designed to be faster and cheaper than Bitcoin. Litecoin is a good investment for the long term because it has a large and active community and is a popular choice for payments.

The Top 6 Cryptocurrencies To Invest For The Long Term

On Weekly TF level the price action of $LTC Bounced back from its Weekly Support level after breaking out Descending Triangle pattern level.

These are the top 6 Cryptocurrencies to Invest for the Long Term.

Additional tips for investing in cryptocurrencies:

  • Don’t put the money into crypto which you cannot afford to lose.
  • As Warren Buffett says “Don’t put all your eggs in one basket”. Spread your investment across multiple cryptocurrencies.
  • Hold for the long term. Cryptocurrency is a long-term investment. Don’t expect to get rich quick.

The Top 6 Cryptocurrencies to Invest for the Long Term are decided on the basis of Fundamentals,Team,Adaptability and use case.

For on-demand analysis on any cryptocurrency, join our Telegram channel.

Buy Pancat Cryptocurrency : Scam or Goldmine?
When will Shiba inu coin reach $1? Price Analysis of SHIB
Can Dogecoin Reach $10,000 :DOGE Price Analysis
Top 3 Best Gaming Cryptos for May 2023
Share IT
Harsh Panghal
Harsh Panghal

Get Daily Updates

Crypto News, NFTs and Market Updates

Claim Your Free Trading Guide

Sign up for newsletter below and get your free crypto trading guide.

Can’t find what you’re looking for? Type below and hit enter!