Top 4 Altcoins to Buy As Fear and Greed Index Drops
Top 4 Altcoins to Buy As Fear and Greed Index Drops Altcoin have shot up after Bitcoin’s recovery rally. This bullish trend is likely to sustain as long as BTC remains above $100K and does not dip below the $99,690 support level. In addition, the Fear and Greed Index (FGI) has dropped significantly after two massive liquidation events, which indicates that investors need to keep a close eye on these four altcoins that could explode soon.Best Altcoins To Buy And HoldTop altcoins like Solana, Mantra, DexBoss, and Ripple are some of the best coins to buy and hold as the Fear and Greed Index Drops to 74.Solana (SOL)Solana is one of the best altcoins to buy and hold because of its strong technicals and fundamentals. Technically, the coin has formed a bullish flag pattern, which is made up of a long vertical line and a flag-like pattern. It is one of the most popular continuation patterns. The coin has also dropped and retested the support at $210, the previous year-to-date high, which it reached in March. Solana price has also made a breakout above the neckline of the inverse head and shoulders pattern. Therefore, there are rising odds that the coin will continue rising in the near term. One Solana price forecast is that the coin will jump to $4,000. Solana Price ChartDexBoss (DEBO)DexBoss is an upcoming crypto project that will likely do well over time. It is currently in a presale, which has raised over $133,000 from investors, a trend that will gain momentum.The developers are working on a decentralized exchange that will let users buy thousands of tokens with little slippage. Unlike most exchanges, DexBoss will have cross-chain compatibility, advanced charting tools, and decentralized securities.There are odds that DEBO token’s performance will mirror that of other popular exchanges like Uniswap and Raydium. You can buy the DEBO token here.Mantra (OM) Mantra is another best crypto to buy and hold. It has already jumped by over 4,000% this year, bringing its market cap to over $3 billion. This rally happened as the concept of real world asset (RWA) tokenization. The trend gained momentum after the developers launched the Mantra Chain recently.Technically, Mantra price has recently formed a bullish pennant pattern, a popular continuation sign. Therefore, the coin could continue rising as bulls target the next point at $5, followed by the psychological point at $10 in the long term.Mantra Price ChartRipple (XRP)Ripple is another good altcoin to buy and hold. The XRP token has already soared by over 500% in the past few weeks and has more catalysts ahead. It has already received the approval of launching the RLUSD stablecoin, which could be a game changer in the crypto industry. Ripple’s SEC cases could disappear, while the company may decide to go public in the next few years. Also, there are odds of an XRP ETF, which will lead to more demand from investors. XRP price is forming a bullish flag and could have a strong bullish breakout and rally to $5 in the ongoing crypto bull run. Ripple Price ChartSummary On The Best Crypto To BuyXRP, Mantra, Solana, and DexBoss are some of the best altcoins to buy and hold for the long term. Other notable altcoins to consider are Cardano, Hedera Hashgraph, and Chainlink. Frequently Asked Questions (FAQs) Some of the best altcoins to buy and hold are Solana, Ripple, Mantra, and DexBoss because of their strong technicals and fundamentals. Other popular cryptocurrencies to consider are the likes of Hedera Hashgraph, Chainlink, and Cardano. Yes, Bitcoin is also a good cryptocurrency to buy, with some analysts expecting it to surge to over $1 million. crispus Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.