Bitcoin, Altcoins and the Crypto market dips in general presents massive opportunities for new buys. Man Ran on Crypto Banter has carefully identified a few altcoins which are now in buy zones and could explode in the current bull market.
Man Ran joined by Sheldon and Li on the show all reiterated the importance of buying the dips by averaging in as crypto goes down in this bull market to build a long term position, and/or to incrementally take gains.
Here are the top altcoins picks for the dip – ranked in no particular order.
Solana (SOL)
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It’s native token price SOL is currently on discount after a major pull back, now in a good buying zone after accumulation. Sheldon perfect entry range for Solana is $38-41 (34:10).
Terra (LUNA)
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. Terra’s native token, LUNA, used to stabilize the price of the protocol’s stablecoins in accumulation phase as well and could be set for the next leg up (35:30).
Trias Token (new)
TRIAS aims to define a new-generation all-platform-supported public chain system. Sheldon suggests says he will be building a case for the token as entry confirmation once the crucial resistance level which has now been tested 4 times is broken (37:50).
These set of altcoins could leave the buy zones so traders will need to be swift, act quickly and with caution to get the best possible prices.
This episode premiered on May 14th, 2021.
