5 Best Crypto Altcoins To Buy During The Current Dip

Bitcoin has seen a correction over the past few days and consequently, altcoins have been printing red candles.

This was partly due to weak Chinese fundamental data which triggered a sell-off in the stock marked.

The good news is that markets need pullbacks when they get overheated as this allows them to make new highs.

Although Bitcoin might go a bit lower before resuming its uptrend, this is a healthy correction. The uptrend remains intact as long as Bitcoins holds the 24 000 support level.

And for traders, this is a great opportunity to buy altcoins at a cheaper price.

So which altcoins are best positioned to bounce the hardest when the rally continues? The most resilient are those that show the greatest strength against Bitcoin and were least affected by this dip.

Let’s look at top 5.

Its recent airdrop was one of the biggest in crypto history. The new ARB token is used as a governance token of the Arbitrum ecosystem.

Arbitrum retraced back to its main support between the 1.4 and 1.45 levels which I consider a great buy zone. A bounce from here can push ARB to new highs if Bitcoin resumes its uptrend.

Its native token GMX is the platform’s utility and governance token.

Related posts:

The work of farmers and workers in the agricultural field doesn’t end after successfully harvesting their crops or produce. At the end of the harvest, there are still some steps to finish in order to…

What is email marketing? We’ll go over what email marketing is, how it operates, and how to get started. By the end, you’ll be well-versed in the principles and equipped with the knowledge required…

We can think of living organisms such as human beings as complex machines that are designed to do multiple jobs such as walking down the street, watching their favorite movie or adding the prices of…