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bonk
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bitcoin
Bitcoin (BITCOIN)
$83,745 -1.07%
ethereum
Ethereum (ETHEREUM)
$1,595 -1.88%
binancecoin
BNB (BINANCECOIN)
$580.35 -0.86%
solana
Solana (SOLANA)
$126.82 -2.43%
ripple
XRP (RIPPLE)
$2.09 -1.85%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 -2.63%
pepe
Pepe (PEPE)
$0.000007 -4.47%
bonk
Bonk (BONK)
$0.000012 -8.21%
bitcoin
Bitcoin (BITCOIN)
$83,745 -1.07%
ethereum
Ethereum (ETHEREUM)
$1,595 -1.88%
binancecoin
BNB (BINANCECOIN)
$580.35 -0.86%
solana
Solana (SOLANA)
$126.82 -2.43%
ripple
XRP (RIPPLE)
$2.09 -1.85%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 -2.63%
pepe
Pepe (PEPE)
$0.000007 -4.47%
bonk
Bonk (BONK)
$0.000012 -8.21%
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Best Altcoins to Invest in Today, April 8 - SOL, CRV, DOT

Highlights:

  • The best altcoins to invest in today include Solana, Curve Finance, and Polkadot, which show promising technical setups.
  • Solana’s recent support bounce suggests the potential for bullish movement in the coming days.
  • Curve Finance’s breakout above $0.60 could confirm continued upward momentum.

After the shaky period led by the infamous “Black Monday” on 7th April, the crypto market shows signs of recovery, as the global market cap surged to $2.51 trillion. Despite the trend reversal, the 24-hour trading volume declined slightly to $157 billion, indicating decreased market activity. 

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Amidst this market recovery, Bitcoin climbed back to the $80K mark before witnessing a minor pullback, while major altcoins posted double gains. As the market dip always offers opportunities for investors to step in at the lows, let’s take a look at the best altcoins to invest in today, such as Solana, Curve Finance, and Polkadot.

Best Altcoins to Invest in Today

1. Solana (SOL)

Solana is exchanging hands at $109, up 8% in the past 24 hours. The altcoin has been fluctuating recently, declining by 16% and 22% on the weekly and monthly charts, respectively. Its market cap and trading volume stand at $55.70 billion and $6.95 billion, respectively.

Source: CoinMarketCap

Solana is currently testing a major trendline, as noted by analyst Coinvo. The price of the altcoin has now rebounded from the support area. This is a clear indication of an upward trend in the near future because it is recovering in a clear pattern.

Solana’s technical setup indicates a favorable outlook for traders evaluating the best altcoins to invest in. The trend line’s retest supports the potential for continued bullish action, offering a promising opportunity.

2. Curve Finance (CRV)

Curve Finance has been on a remarkable rally recently, surging by 15% over the past month. As of this writing, CRV was trading at $0.476, gaining 7.80% in the past 24 hours. Moreover, the altcoin has a market cap and trading volume of $615 million and $210 million, respectively.

Source: CoinMarketCap

Crypto analyst The Mental Trader recently reaffirmed the bullishness on Curve Finance. From the Elliott Wave view, he expects the price will go above to $3+. CRV is still in the “third of the third” mega wave, despite experiencing fluctuations recently. An immediate price level of interest is $0.60, and a breakout above this level would support the prevailing bullish trend.

At the moment, the analyst continues to hold a bullish stance regarding the price of CRV. However, the analyst noted that to further determine the Elliott Wave count, further analysis may be required if the altcoin reaches $0.34. This makes CRV one of the best altcoins that investors can consider because the position has a favorable outlook for investors.

3. Polkadot (DOT)

Polkadot displays a bullish trend today, surging by 5% in the past 24 hours. Currently, DOT is trading at $3.59 with a market cap and trading volume of $5.63 billion and $275 billion, respectively. Despite the bullish resurgence, the altcoin has declined by 15% on the monthly chart following the broad market recovery. 

Best Altcoins to Invest in Today, April 8 - SOL, CRV, DOT
Source: CoinMarketCap

As pointed out by Rose on X, Polkadot is holding bullish signals, a triple bottom pattern developing in the weekly chart. The same support zone has shown to have rallies of more than 200% historically. Currently, the range is still in the upward trend with a retest happening currently. A break above $4.60 will confirm the expected move.

The entry-level is in the range of $3.70-$4.20, with targets at $8.26 and $11.16. The stop loss is placed at $3.20, right below the demand zone, placing DOT among the best altcoins to invest in today.

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