3 Cryptocurrency Coins Under $10: April’s Best Buys

0

April has been one of the most significant months for the cryptocurrency market to have experienced in a long time. While Bitcoin climbed and broke through the $70K price ceilings, altcoins, and meme currencies exploded, then fell back, and later stabilized to touch new price thresholds. Similarly, the geopolitical tensions added more flavor on top, triggering a wave of sharp price volatility to sweep away the crypto market gains. 

However, the volatility and price fluctuations could not last for long as the market gradually recovered its pace. The coins under $10 notably spiked ahead, and this is precisely why we’ve curated an article helping you pick the best of April Cryptocurrency Buys under $10. 

Also Read: 3 Cryptocurrency Meme Coins Set To Surge 200% Post Bitcoin Halving 

Top Crypto Coin Purchases Under $10 That Can Fetch You Great Profits 

Three tokens basking in the sun
Image Source: WatcherGuru

#1: Cardano

Cardano (ADA) has dropped significantly to touch a new low of #0.46 at press time. However, its sudden price drop is being viewed positively by many crypto analysts. Trend Rider, a notable crypto analyst on X, shared how ADA’s current price drop is hinting toward a stunning future price breakout. 

“If history repeats itself, we might be on the cusp of $ADA’s ultimate support test before skyrocketing. Recall October 2020? The price dipped to $0.10 before soaring to $3. With a bullish RSI crossover and retest, are we gearing up for another parabolic move?” 

Notable crypto analytics platform Coinpedia echoes similar projections for the ADA. Per Coinpedia, Cardano is expected to regain some of its strength post-April 22, hopping to a new price level of $0.84 by the end of the month.

“Should ADA maintain its current momentum, there’s a strong possibility of an upward breakout, driving the price toward the $0.84 peak, representing a significant 25% increase. Conversely, if the trend reverses, ADA might revisit the 50% Fibonacci level, testing its resilience again.” 

#2: MATIC

Polygon’s MATIC is gratefully weathering the current crypto market volatility with much grace. The token has become an investor favorite, with traders busy buying the dip at an aggressive rate. More than 1.8 million MATIC tokens have been purchased by Whales, denoting a wave of bullish streaks projected for MATIC to encounter soon. 

Per Coinpedia, MATIC may surge and trade at $1 after experiencing minor price hits and dips this month. 

“The lower high formation continues for Polygon and warns of a drop to $0.50 if the market fails to recover. However, a bullish recovery with Bitcoin Halving can boost the market price back above $1. This could revive the possibility of a new uptrend and a bullish breakout of the long-coming support trendline.”

#3: Dogecoin

The OG crypto meme token Dogecoin has always been the talk of the town, primarily due to the frequent Doge endorsements made by Tesla CEO Elon Musk. With Coinbase announcing its foray into doge-inspired futures, Dogecoin has ascended to a new status threshold, with its price projected to reach new price milestones soon. 

According to Coinpedia, Dogecoin may trade at a potential high of $0.20 by the end of this month. 

Also Read: Cryptocurrency: Top 3 Altcoins That May Surge 50%–100% Post Bitcoin Halving 

“With a 14% jump last week and a 4.36% rise in the first half of this week, the SHIB price offers a breakout entry opportunity. Considering the uptrend sustained above the 23.60% Fib level this week, a bull run to the 38.20% level at $0.25 seems feasible.”


Credit: Source link

Leave A Reply

Your email address will not be published.