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Best Cryptocurrencies to Buy: Top 3 Picks as the Market Recovers

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by Giorgi Kostiuk

6 hours ago


The crypto market is beginning to show signs of recovery, and amidst this, certain cryptocurrencies are starting to attract investors' attention. This article presents three tokens that could show good growth in the near future.

Optimism (OP)

Optimism (OP) is showing positive dynamics, with the token currently trading around $0.71, having increased by 10.5% over the past 24 hours. Technical analysis indicates that OP is attempting to break above the key resistance level at $0.723, which could open the path to target levels of $0.844, $0.935, and $1.044. It's important to note that the total value locked in DeFi on this platform has increased by nearly 15% over the past month, adding strength to the current rally.

BONK (BONK)

BONK, Solana's meme token, has surged over 110% month-on-month and is currently trading near $0.0000033. Technical analysis indicates that the token has broken through the $0.000002826 level and is now aiming for $0.000003868. Notably, large investors are actively buying BONK, confirming an increase in trading volumes. A drop below $0.000002182 could weaken the bullish sentiment.

Solana (SOL)

Solana (SOL) has not seen major moves yet, but the chart indicates a potential significant rise. The current price is around $167. If SOL can clear the resistance level at $172, it may lead to movement towards $198 and $218. The technical health of SOL is also supported by the growth of DeFi activity in its ecosystem, which has increased by over 10% this month.

The recovery of the crypto market opens new investment opportunities. The tokens Optimism, BONK, and Solana may become interesting choices for short-term investments. Monitoring market movements and supporting factors remains crucial.

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