Best Altcoins to Invest in Today, July 21 – Worldcoin, Ethereum, AAVE

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Best Altcoins to Invest in Today, July 21 – Worldcoin, Ethereum, AAVE

Highlights:

  • Worldcoin is expected to attract interest in the market after Grayscale files for a spot WLD ETF.
  • Ethereum holds above $1,850, keeping its double-bottom setup and $2,300 target intact.
  • AAVE reclaims key moving averages against Bitcoin, placing the token within a possible accumulation zone.

Crypto prices are showing strength on Tuesday as most of the assets trade in the green. The overall crypto market and trading volume have surged to $2.25 trillion and $63 billion, respectively, in the last 24 hours, as new reports point to US-Iran talks possibly resuming. The potential de-escalation in geopolitical tensions has triggered a risk-on move across all asset classes.

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This latest bullish momentum has pushed BTC above the $65K mark, with most of the leading altcoins showing positive trends. With bullish sentiment prevailing in the broad market, let’s discuss the best altcoins to invest in today, such as Worldcoin, Ethereum, and AAVE.

Best Altcoins to Invest in Today

1. Worldcoin (WLD)

Worldcoin is up by more than 4% over the last 24 hours, pushing the price to $0.386. This latest price rally follows ongoing pressure on the altcoin, which has seen it lose more than 35% on the monthly chart. Meanwhile, its trading volume has surged by 30% to $190 million.

WLD Price Chart: CoinMarketCap

Grayscale has filed with the SEC for a Worldcoin fund that would hold WLD tokens directly. The proposed ETF would trade on Nasdaq under the ticker GWLD. Its value would follow the CoinDesk Worldcoin Benchmark Rate after fees and expenses. BitGo would hold the assets, while BNY Mellon would manage administration and share transfers.

The fund would not use leverage or derivatives. Grayscale also plans in-kind creations and redemptions. Trading could begin once WLD meets Nasdaq’s listing requirements. The filing also flags price swings, regulatory uncertainty, and World Chain’s centralized sequencer. For investors searching for the best altcoins to invest in today, WLD emerges as a potential choice, though approval remains pending.

2. Ethereum (ETH)

Ethereum has extended its upward rally with a surge of 3.70% over the last 24 hours. The price is now up 7% and 11% on the weekly and monthly charts, respectively. Currently, the price is hovering around $1,929, with a market capitalization of $230 billion.

ETH Price Chart: CoinMarketCap

Ethereum is forming a possible double-bottom structure on the four-hour chart, according to crypto analyst Ali Martinez. The structure shows two lows near $1,500, followed by higher swings and a recovery above $1,800. Martinez says $1,850 now acts as the key support level for Ethereum.

A firm hold above that zone would keep the bullish setup intact. The chart points first toward $2,100, with $2,300 marked as the broader upside target. A break below $1,850 would weaken the pattern and raise the risk of another pullback toward lower support.

3. AAVE

AAVE is exchanging hands around $92.57, with a market capitalization of $1.42 billion. Despite declining by nearly 4% over the last week, the price is up by 23% on the monthly chart. Moreover, its trading volume has exploded by 50% to $200 million.

AAVE Price Chart: CoinMarketCap

AAVE has entered a possible buy-the-dip zone against Bitcoin after reclaiming its daily moving averages. According to market expert Michael van de Poppe, the averages now act as support, while price holds near 0.001412 BTC. This structure suggests buyers may watch pullbacks around the current range.

The analyst has also stated that traders are cautious, even as the setup continues to improve. Demand remains constrained due to bear-market sentiment, but bull-market conditions could slowly improve above the averages. Meanwhile, RSI has cooled after July’s surge, reducing immediate overheating concerns, making AAVE one of the best altcoins to invest in today.

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