Heading into the new month, we have got some exciting crypto buys which can deliver great returns in the short term.
These cryptos are on the verge of breakout and are good candidates for buying. In this article, we will cover Top Best Crypto Coins to Buy for April 2024.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
Binance Coin (BNB)
Binance Coin (BNB) has established itself as a key player in the crypto space. Let’s delve into the specifics:
BNB is currently priced at $589.06 USD. With a market cap exceeding $89 billion USD, BNB ranks among the top cryptocurrencies. BNB boasts a robust trading volume of $2.24 billion USD. Approximately 153.9 million BNB tokens are in circulation. BNB’s total supply is capped at 200 million tokens. BNB has recently experienced a 12% weekly surge, making it an attractive investment option.
The price has broken out of the symmetrical triangle. Currently, it is attempting to breach its resistance zone. We can consider buying BNB after a successful retest of the triangle and following the breakout of the horizontal resistance zone.
Cardano (ADA)
Cardano (ADA) combines innovative technology with a strong community. Here’s what you need to know:
ADA is currently priced at $0.6511 USD. ADA’s market cap stands at approximately $23 billion USD. ADA sees a trading volume of $656 million USD. Approximately 35.3 billion ADA coins are in circulation. ADA’s total supply is capped at 45 billion tokens. ADA has shown steady growth and remains a promising investment.
The price has broken above the double bottom neckline and has also retested it successfully. This presents a buying opportunity for ADA. If we observe a correction in ADA, consider buying above the neckline of the double bottom pattern.
Axie Infinity (AXS)
Axie Infinity (AXS) represents the play-to-earn gaming revolution. Let’s explore its details:
AXS is currently priced at $10.92 USD. AXS has a market cap of approximately $1.5 billion USD. AXS experiences a significant trading volume of $124.8 million USD. Approximately 142.3 million AXS tokens circulate in the market. AXS has a total supply of 270 million tokens. While AXS has been volatile, it has recently gained momentum.
The price has broken the inverse head and shoulder pattern and retested successfully. Soon, it will pump hard.
Guaranteed Lowest Fees – Try Bybit
Remember that investing in cryptocurrencies carries inherent risks, and prices can be highly volatile. Conduct thorough research and consider your risk tolerance before making any investment decisions. Happy investing! 🚀
For on-demand analysis of any cryptocurrency, join our Telegram channel.
