bitcoin
Bitcoin (BITCOIN)
$84,432 -0.45%
ethereum
Ethereum (ETHEREUM)
$1,587 0.45%
binancecoin
BNB (BINANCECOIN)
$592.04 0.52%
solana
Solana (SOLANA)
$134.13 -0.02%
ripple
XRP (RIPPLE)
$2.06 0.58%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 5.00%
pepe
Pepe (PEPE)
$0.000007 1.65%
bonk
Bonk (BONK)
$0.000012 1.03%
bitcoin
Bitcoin (BITCOIN)
$84,432 -0.45%
ethereum
Ethereum (ETHEREUM)
$1,587 0.45%
binancecoin
BNB (BINANCECOIN)
$592.04 0.52%
solana
Solana (SOLANA)
$134.13 -0.02%
ripple
XRP (RIPPLE)
$2.06 0.58%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 5.00%
pepe
Pepe (PEPE)
$0.000007 1.65%
bonk
Bonk (BONK)
$0.000012 1.03%
bitcoin
Bitcoin (BITCOIN)
$84,432 -0.45%
ethereum
Ethereum (ETHEREUM)
$1,587 0.45%
binancecoin
BNB (BINANCECOIN)
$592.04 0.52%
solana
Solana (SOLANA)
$134.13 -0.02%
ripple
XRP (RIPPLE)
$2.06 0.58%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 5.00%
pepe
Pepe (PEPE)
$0.000007 1.65%
bonk
Bonk (BONK)
$0.000012 1.03%
Disclosure
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Best Altcoins to Invest in Today, March 18 - BNB, DOGE, OP

Highlights:

  • The best altcoins to invest in today include Binance Coin, Dogecoin, and Optimism, with significant price movements expected.
  • Binance Coin shows bullish potential with key price targets above $1,000 if resistance is broken.
  • Optimism’s accumulation phase may lead to a significant price increase if it breaches its resistance level.

The crypto market displays a bearish outlook as prices continue to dip further following the broad market correction. The overall market cap has declined to $2.7 trillion, while the 24-hour trading volume dropped to $74 billion. Moreover, the fear and greed index is at 24, indicating a fear sentiment in the market.

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Bitcoin has again slipped to the $82K region while major altcoins trade in red. While the dips and corrections are regarded as opportunities for market entry, here is a look at the best altcoins to invest in today, such as Binance Coin, Dogecoin, and Optimism.

Best Altcoins to Invest in Today

1. Binance Coin (BNB)

Binance Coin has been trading on an ascending pattern, recently surging by 15% over the past 7 days. The altcoin is trading at $632, with a mere decline of 0.10% in the past 24 hours. Its market cap and trading volume stand at $90 billion and $2.23 billion, respectively.

Source: CoinMarketCap

According to crypto analyst CryptoElites, Binance Coin is nearing a significant breakout. The analyst highlights that BNB is approaching a resistance level that was last seen in 2021. If this resistance is overcome, BNB could see substantial price movements. Key targets for BNB are set at $1,000, $1,250, $1,500, and $2,000.

This price surge is drawing attention, especially for those looking for the best altcoins to invest in. With this bullish outlook, BNB could become a focal point for crypto enthusiasts seeking potential opportunities in the market.

2. Dogecoin (DOGE)

The largest memecoin, Dogecoin, is trading on a bearish note at $0.1666, with a decline of 3% in the past 24 hours. Despite the weekly surge of 4%, the memecoin is down 38% on the monthly chart. Its market cap and trading volume have declined to $24.70 billion and $1.10 billion, respectively.

Source: CoinMarketCap

The current trend for the Dogecoin might be coming to an end as the Stochastic RSI is indicating a bullish signal. Analyst Trader TardiGrade has suggested an increase towards the $1 mark. When analyzing the chart, it can be observed that past DOGE movements are similar to the present situation, thus suggesting the same results.

Investors looking for the best altcoins to invest in should consider DOGE especially considering the current market conditions. The stochastic indicators suggest that buying can be a good entry point for traders keen to profit from price fluctuations in the future.

3. Optimism (OP)

OP has experienced major price fluctuations recently, with the price slipping below the $1 key level. At press time, the altcoin was trading at $0.8620, down by 0.80% in the past 24 hours. Furthermore, its market cap and trading volume have declined to $1.40 billion and $126 million, respectively.

Source: CoinMarketCap

OP is in the accumulation period, and whales continue to accumulate tokens while the price is low. The daily chart shows that this level holds a good support level, and OP is testing the horizontal resistance level. A breach of this range could result in a price hike within the 80% to 100% range.

Volume is increasing, which is evidence of increased support for the change. Investors looking for the best altcoins to invest in should consider monitoring OP closely. In the event OP breaks above the resistance level, then it opens the way for an upward price movement.

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