This accident was really hard hit. Everyone is very scared. There is an extreme fear going on in the Fear and Greed Index and people will be scared especially if ‘are new to crypto.
CryptoBusy, a major Youtube channel focused on the crypto space, has highlighted the top 4 altcoins to buy during the dip.
https://www.youtube.com/observe?v=P5K3TXvGoug
Solana (SOL)
Solana (SOL) was the first one we looked at. The Solana protocol is designed to facilitate the creation of DApps. It aims to improve scalability by introducing historical proof-of-stake consensus combined with blockchain’s underlying proof-of-stake consensus.
We fell quite a bit to the key support and we could see some flipping here. If it breaks above $157, it will rally to a high of $260 again. There is buying pressure from the market, but this is also the potential for us to push prices lower, buy lower and win big when the market bounces back.
SOL Chart | Source: Youtube
Verasity (VRA)
The two altcoins on the list are Verasity (VRA). Verasity (VRA) is the next generation of online video sharing that aims to create a fair system for creators to monetize their work and advertisers to get value for their ad spend.
We could see some nice gains from it and in terms of its return to all-time highs. This is a good position to make good profits and from all time highs. From $0.024 to ATH is a 256% return. The risk is certainly worth it but you have to think about the risk-to-reward ratio.
VRA chart | Source: Youtube
Enjin Coin (ENJ)
The next altcoin on the list is Enjin Coin (ENJ). Enjin Coin is a project of Enjin, a company that provides an ecosystem of blockchain-based, interconnected game products. Enjin’s flagship product is Enjin Community, a social gaming platform through which users can create websites and clans, chat, and host virtual item shops.
The wick has been pushed up quite a bit. We hit $1.80 and we pushed it all back to $1.92, showing that the bulls don’t want it to drop lower because they feel it’s a price point. reasonable for ENJ.
ENJ Chart | Source: Youtube
Theta Network (THETA)
Finally, the Theta Network (THETA). Theta (THETA) is a blockchain-based network built for movie streaming. Launched in March 2019, Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer basis.
THETA is preparing for an absolute breakout very soon. The downtrend to this key support has held great and if we see a pump it could be a sign that we are about to witness a major breakout to the upside. .
o that’s why THETA has so much potential and we can aim for as high as $15 to $16 and that’s a 315% gain.
THETA Chart | Source: Youtube
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