Altcoins News

Story: Buying the Dip – Which Cryptocurrencies Should You Buy Right Now?

By Sydney TheCMO

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The cryptocurrency market has been on a sharp free fall in the last 7 days, and it seems to have reached its explosive conclusion during yesterday's trading session after China's…

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Is the market in recovery, or will it continue to dip?

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Current performance indicates that some cryptocurrencies have bottomed out and are now recovering. For example, Bitcoin fell to a $30,001.

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Bitcoin has already experienced a major pullback after gaining support near $30,000. It is currently trading at $41,644, which is still a good entry point considering many…

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Shiba is one of the younger cryptocurrencies, but it recently gained popularity thanks to its affordability.

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Dogecoin has already bounced back substantially after bottoming out at $0.21 during Wednesday’s market crash. It is currently trading at $0.

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Litecoin underperformed during this year’s bull market and was hit hard by the bearish downturn which saw it drop more than 30% in the last 7 days.

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The volatile nature of the market warrants caution

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Note that market correction will continue as long as there are no negative developments that can encourage more sell-offs.

The Currency Analytics

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