Crypto prices wavered on Thursday morning as investors remained concerned about the bond market. The ten-year bond yield dropped by 2.8% to 4.27%, while the 30-year and 2-year dropped by 2.32% and 1.8%, respectively.
The stock market also pulled back, with futures tied to the Dow Jones dropping by 110 points, and those linked to the Nasdaq 100 crashing by 270 points. These indices are falling as concerns about Trump’s trade policies remain. This article highlights the top blue-chip altcoins to buy as many crypto coins rebound.
Pepe (PEPE)
Pepe, the third meme coin in crypto, is one of the best altcoins to buy today because of its strong technicals. The daily chart shows that the token has found a strong support at $0.000005853. This is one of most popular bullish reversal signs in the market.
Pepe coin has also formed an inverse head and shoulders pattern, a common bullish reversal sign. Also, the Relative Strength Index (RSI) and the MACD indicators have also pointed upwards in the past few days.
The coin also formed a falling wedge pattern, which is made up of two descending and converging trendlines. These two lines have now converged, meaning that a strong bullish breakout could happen soon. If this happens, the next point to watch will be at $0.00001715, the 50% Fibonacci Retracement level.
Fartcoin (FARTCOIN)
The second top altcoin to buy is Fartcoin, the third-biggest Solana meme coin after Official Trump and Bonk. It has become a popular token that has diverged from other Solana tokens as it has surged by over 300% from its lowest level this year.
The main catalyst for the Fartcoin price is that it has formed a cup and handle pattern on the four-hour chart. This pattern is made up of a rounded bottom and some consolidation, and is a highly bullish sign. Therefore, it is a good altcoin to buy because this pattern will point to more gains later this year.
Read more: Fartcoin price is rising: here’s why this Solana meme coin could double
Ondo Finance (ONDO)
Ondo Finance is also one of the best blue-chip altcoins to buy and hold as crypto prices jump. Like Pepe and Fartcoin, it has also formed some unique chart patterns that could push it higher in the past few days.
The daily chart shows that Ondo price has remained above the ascending trendline that connects the lowest swings since March 19th. That is a sign that bears are afraid of shorting the token below this trendline.
Ondo has also formed a falling wedge pattern whose two lines have converged at the ascending trendline. An asset often rebounds when it forms a falling wedge chart pattern.
Therefore, if this happens, there is a likelihood that it will initially jump to the psychological point at $1. A move above that level will point to more gains, with the next point to watch being at $1.4812, the highest swing in June last year.
Chainlink (LINK)
Meanwhile, Chainlink is also one of the top altcoins to buy the dip in. It has strong fundamentals like its role in decentralized finance (DeFi) and Real-World Asset (RWA) tokenization industries.
At the same time, the weekly chart shows that the coin has formed a giant megaphone pattern, which is also known as rising broadening wedge. This pattern has two rising trendlines that widen as they go.
Chainlink price has now moved to the lower side of this wedge, meaning that it may soon stage a strong comeback, potentially to the year-to-date high of $31, which is about 150% above the current level. A drop below the lower side of the megaphone will invalidate the bullish view.
Other top altcoins to buy
There are many other potential altcoins to buy as crypto prices surges. Some of the other top coins to buy are Hedera Hashgraph, Polkadot, Mantra, Sonic, and XRP.
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