May 2, 2022
Top Altcoins for Bear Market | Best Coins to Buy for Huge Gains
Best altcoins to buy for huge profits in Bullrun
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Blog
Bitcoin broke the support zone the market is red, which means all the coins are at a discount, but the question is what are the best altcoins to pick? Well. worry not I have some suggestions for you. In this blog, we will discuss some huge potential coins for potential buying.
$MARSH (Unmarshal)
Unmarshal is a data indexing project kinda like graph and covalent but they are multichain and also give many other data format options. $MARSH has shown quite a bullish momentum in April and if the market sentiments get back bullish this is definitely one to keep an eye on. Coinbase also shared a list of potential listings and $MARSH was in that list, which is huge in itself currently it is trading around $0.22 and I think is a gem buy at these levels.
Unmarshal is the only low cap that I have shared here because I think it is a great project and not many people know about this, getting in early especially when the markets are bad can be huge
Technical Analysis
$MARSH is currently at a golden buy zone and it would make a great first entry ($0.22) other good support zones and huge buying opportunities are $0.20 and $0.17
In order for $MARSH to be bullish again, it has to break the $0.48-$0.53 resistance level, a break of this would be very bullish.
$DOT(Polkadot)
Polkadot is a well know project and has very strong fundamentals, also $DOT is the only high market cap coin that has yet to see a huge breakout, I think polkadot season will come soon and it would be great if you already had filled your bag at these lower levels.
Technical Analysis
$DOT touched its first buying zone of $14.96-$14.81, other entry zones are $10.64 and the lottery zone of $7.07 all these are great entry zones for Polkadot for long term
If we look at the resistance levels there are 2 major resistance zone $22.91-$23.84 and the other one at $30, these are the levels to look at, it $DOT breaks these levels it would be very bullish
$LINK(Chainlink)
Chainlink is another major project with very strong fundamentals and huge backers, we say a major rally from $LINK in the bull market and now it is down to those early levels again, it’s like buying it 2 years back for all those who missed the rally this would be a great strategy
Technical Analysis
The support zones for chainlink are $10.3 and $7.35 these are excellent entry points if the price reaches here, as of the resistance levels the major resistance level is at $28 rest levels would break if we have good market sentiment and volume
$ALGO(Alogrand)
Algorand is a massive project and has a very high development rate, many developers are building on this blockchain and we haven’t seen the $ALGO rally yet, it would be huge to get in at these low levels and enjoy the profits in the bull market. I personally think Algorand has a lot of potentials and would be huge in the future. This is definitely my long term project I am planning to accumulate more in the bear market
Technical Analysis
The support areas for $ALGO are $0.52 and major support at the $0.40 range if the price comes at these ranges I will definitely look for aging more of $ALGO, If we see the resistance there is not any major resistance below $1 if the market starts to recover and the volume kicks in we can see them breaking easily, The major resistance is at $1 and $1.5
These were some of the coins that I personally will be looking at in the market, I hope you guys found the blog knowledgeable and learned something new, do share your views on these projects in the comments, and if there is any query you want to ask to feel free to ask me here in the comments or on any of my socials
