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bonk
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bitcoin
Bitcoin (BITCOIN)
$122,081 -0.32%
ethereum
Ethereum (ETHEREUM)
$4,486 -1.03%
binancecoin
BNB (BINANCECOIN)
$1,149 -2.68%
solana
Solana (SOLANA)
$227.82 -2.34%
ripple
XRP (RIPPLE)
$2.95 -3.28%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 -2.59%
pepe
Pepe (PEPE)
$0.000010 -4.53%
bonk
Bonk (BONK)
$0.000020 -3.90%
bitcoin
Bitcoin (BITCOIN)
$122,081 -0.32%
ethereum
Ethereum (ETHEREUM)
$4,486 -1.03%
binancecoin
BNB (BINANCECOIN)
$1,149 -2.68%
solana
Solana (SOLANA)
$227.82 -2.34%
ripple
XRP (RIPPLE)
$2.95 -3.28%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 -2.59%
pepe
Pepe (PEPE)
$0.000010 -4.53%
bonk
Bonk (BONK)
$0.000020 -3.90%
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Best Altcoins to Buy Today, September 30 - XRP, DOGE, SHIB

Highlights:

  • XRP, Dogecoin, and Shiba Inu emerge as the best altcoins to buy today.
  • Dogecoin forms a golden cross, suggesting potential bullish movement.
  • Shiba Inu exchange reserves have reached a two-year low, indicating increasing accumulation.

The cryptocurrency market exhibits a mixed sentiment today, with most assets trading in green and some in red. However, leading cryptocurrencies like Bitcoin and Ethereum have posted gains in the last 24 hours. Moreover, the total market capitalization and trading volume have surged to $3.88 trillion and $178 billion, respectively. In the section below, we will discuss the best altcoins to buy today, such as XRP, Doge, and Shiba Inu.

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Best Altcoins to Buy Today

1. XRP

XRP has been trading in a narrow range recently. Over the past week, the price has bounced around the $2.70 and $3 region, down 1%. As of this writing, the price falls along with the general market downturn to $2.84. Moreover, its market cap has dropped to $170 billion while the trading volume increased by 20% to $4.98 billion.

Source: CoinMarketCap

XRP is headed for a critical breakout, according to analyst Mikybull Crypto. The price is forming a wedge pattern between $2.70 and $3.30. Buyers are holding the bottom, and sellers are beating the top. In addition, the 50-day moving average is positioned at around $2.80, showing support for the argument of the short-term trend. If buyers break resistance, the next major target is at $4.10 or maybe at $5.30.

Meanwhile, Eric Balchunas of Bloomberg hinted that XRP ETF approval is imminent. He pointed out that the SEC no longer requires 19b-4 filings. Issuers are now streamlining S-1 forms. In addition, Polymarket data shows over 99% odds of approval. For investors looking for the best altcoins to buy today, XRP remains a solid choice.

2. Dogecoin (DOGE)

Dogecoin is trading at approximately $0.2298, down 0.50% on its daily chart. The memecoin is experiencing a positive trend on the monthly chart despite a 5% loss over the past week. The market cap fell to $34 billion, while the trading volume shows increased market activity, surging up to $2.48 billion.

Source: CoinMarketCap

Dogecoin has created a golden cross on the daily chart as the 100-day SMA comes closer to the 200-day EMA. Many analysts believe this to be a sign of potential bullish momentum. Cas Abbbe explained that Dogecoin typically follows the movements in the market, making DOGE one of the best altcoins to buy today. He further noted that $0.33 is also a key barrier for the market to keep watching.

In addition, the weekly chart highlighted by Cantonese Cat shows recurring cycles of breakouts after long periods of consolidation. The robust move in September 2023 was followed by gains in October 2024. Dogecoin recently broke through the most recent trend line and is retesting the trend line. Furthermore, this trend follows the pattern of the previous trends.

3. Shiba Inu (SHIB)

Shiba Inu shows a lack of upward momentum as it decreases by 5% and 7% on the weekly and monthly charts, respectively. Resistance and support levels for SHIB have been noted at $0.0000145 and $0.0000115. As of now, the price is around $0.00001170 with a market cap of $6.90 billion. 

Source: CoinMarketCap

Shiba Inu might be poised for a massive move in October with reserves on exchanges reaching a 2-year low. Analyst Zayn said that the reserves have been reduced from 190 trillion to 84.49 trillion in early 2023. This decrease consequently indicates there are fewer tokens for sale and hints at the trend towards increasing self-custody and staking.

Moreover, Zayn explained that low supply can often mean accumulation from long-term holders. SHIB is now trading around $0.000011, testing a descending trendline. A breakout could lead to a resurgence in momentum, which puts Shiba Inu on the list of the best altcoins to buy today.

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