The crypto market is bouncing back strongly, with potential for certain altcoins to surge in the coming days. Is it the perfect timing or just a brief pause in the storm? Discover 3 cryptocurrencies to buy now and capitalize on the bullish trend.
After several days of hesitation, the cryptocurrency market has experienced a sharp rebound in the last 24 hours. The total market capitalization has increased by 3.1%, once again surpassing the $2.85 trillion mark. This surge has been driven by a widespread recovery of altcoins!
Bitcoin (BTC) has surged beyond $88,000, showing a rise of over 4%, while Ethereum (ETH) is trading at $2,050, with a 50% increase in trading volume, indicating a renewed interest in major assets.
At the same time, altcoins have benefited from this momentum: tokens like Solana, Avalanche, Chainlink, and Sui have shown double-digit performances over the past week. This confirms the return of a bullish momentum in the market.
In this context, some projects stand out for their technical or fundamental potential. Here are 3 altcoins to watch today to take advantage of this bullish trend.
XRP is currently experiencing a strong resurgence of interest, notably thanks to a recent legal victory against the SEC. This legal decision has strengthened Ripple’s position as a serious player in blockchain payments, reassuring investors.
Technically, XRP has formed a Morning Star pattern after a correction phase, indicating a bullish recovery from a key support level. It is holding above its 200-day moving average, confirming the positive trend.
According to on-chain data analysis (Coinglass), traders are currently mostly positioned on the long side, with a net buying pressure. If XRP manages to stay above the $2.35 level, a jump to $3.40 is possible in the short term.
This bullish momentum is reinforced by the interest of long-term investors. Moreover, the possibility of revisiting recent highs is credible if the overall market continues its current trajectory.
Despite a recent drop of nearly 40%, Pi Network shows interesting technical signals hinting at a potential recovery. Analysts point out the formation of a “Three Drives” pattern, often indicating a bullish reversal, provided the current resistance is breached.
The return of optimism in the crypto market could support a rebound in PI, which still has a strong following in its community. The price has recently dropped below $1, but conditions seem ripe for a potential turnaround if the project maintains its position and breaks short-term resistances.
Trading volumes are on the rise, and the correlation with the overall market recovery may offer an entry opportunity for investors looking for speculative value.
Among the most monitored memecoins currently, PEPE emerges as a serious candidate for a new price surge, driven by the current hype around community tokens. After a consolidation phase, the token has shown a strong rebound, surpassing $0.0000083, and is currently attempting to break a major technical resistance.
If this level is breached, analysts believe a return to the $0.000012 zone is possible, with significant short to medium-term profit potential. In case of a retreat, the support at $0.0000062 remains a key level to watch.
However, it is important to note that PEPE relies on limited concrete fundamentals. Its value heavily depends on market sentiment, its community, and mass movements in the memecoins sector. This makes it a highly speculative asset: gains can be high, but so are the risks.
From an indicator standpoint, the daily RSI has risen around 53, signalling a return to a neutral zone with a slight bullish momentum. This indicates that the token is neither overbought nor oversold, leaving room for further movement.
The MACD, on the other hand, has just crossed its signal line, an encouraging sign often interpreted as a possible bullish reversal. This bullish MACD crossover is generally seen as a confirmation of a renewed short-term momentum.
With the current crypto market rebound, many investors are wondering whether it is wise to buy altcoins like XRP, Pi Network, or PEPE now, or if it’s better to wait for a new entry point.
These tokens have shown good performances in recent weeks following the crypto market correction. Boosted by optimism around Bitcoin, rising volumes on Ethereum, and a renewed interest in high-potential altcoins.
Some analysts believe this momentum could continue, especially if the market confirms its bullish return. However, caution is advised: volatility remains high, and corrections can occur rapidly.
For those looking to invest, it’s ideal to seize pullback phases or buy in stages to optimize your entry point while managing risk.
Bitget is a reliable and user-friendly platform with competitive fees for buying altcoins. Here’s how to proceed in a few steps:
Did you know: On Bitget, certain cryptocurrencies like XRP can be purchased directly with a debit/credit card, without going through the Spot market. This allows you to instantly receive your tokens in your Bitget wallet, without having to buy USDT or USDC beforehand.
The crypto market remains unpredictable. Only invest what you are willing to lose and build a strategy tailored to your profile.
Whether it’s XRP with its comeback, Pi Network attempting a technical recovery, or PEPE riding the memecoin wave, these three altcoins offer real potential in the current context. It’s essential to manage your risk, track volumes and market dynamics, and have a clear strategy based on your goals. Opportunities abound; it’s just a matter of being ready to seize them at the right moment!
Thomas holds a BTS in computer science with a specialization in SEO and is certified in web writing and e-commerce. Passionate about blockchain technology and cryptocurrencies since 2018, he specializes in analyzing crypto market cycles. His journey into GPU mining began in 2019 with ETH before transitioning to KASPA and Alephium (ALPH).
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