News and Analytics

0

Analysis of Altcoins Surpassing Bitcoin

Apr 30, 2024

Despite Bitcoin's recent price decrease after reaching $65,000, three alternative cryptocurrencies are predicted to outperform Bitcoin in the near future.

Binance Coin (BNB)

Following legal resolutions, Binance Coin experienced a notable recovery. While many altcoins have dropped to crucial support levels, BNB's price has remained relatively stable at $590. It has been consolidating for over a month and a half, struggling to exceed $640. If Binance Coin manages to break through the $635 to $645 range, a potential increase to $686 in May is expected.

BNB

PEPE Coin

Despite internal conflicts and low trading volumes, PEPE Coin has cultivated a strong community, outperforming Dogwifhat (WIF) Coin. In the past three months, this meme coin surged by nearly 600%. To reach a new high of $0.000010, it must sustain above the 50-day Exponential Moving Average (EMA).

PEPE Coin

Tron (TRX)

Tron, led by founder Justin Sun, has shown resilience amidst market uncertainties. Despite initial declines, Tron's price rebounded from $0.109, avoiding further lows. The potential crossover of the 200-day EMA above the 50-day EMA suggests bullish momentum and the possibility of reaching new highs in the upcoming month, provided Bitcoin does not face significant losses.

Tron

For more insights on altcoins outperforming Bitcoin, refer to COINTURK NEWS.

Comments

Latest analytics

Celestia: Revolution...

Celestia: Revolution in the World of Modular Blockchains

TON Wallets: a...

TON Wallets: a complete guide to use

Show more

Latest Dapp Articles

Show more

You may also like