Best Crypto to Buy Now 26 August – XRP, Dogecoin, Pepe
The cryptocurrency market has slipped by 2% up to now 24 hours, however for these searching for the finest crypto to purchase now, not all cash are shedding steam.
Right here’s our roundup of the highest tokens to look at as we speak, that includes XRP, Dogecoin, and Pepe, in addition to a promising early-stage meme coin that’s shortly gaining traction amongst presale traders.
Regardless of current dips, all three proceed to show robust medium- and long-term momentum, positioning them for a possible restoration.
This makes them a few of the top meme coins to watch right now because the market appears to be like for its subsequent wave of upside.
Greatest Crypto to Purchase Now 26 August
Ripple (XRP)
Whereas XRP is down by 1.5% in 24 hours and by 3% in every week, it has stabilized at around the $2.91 level up to now couple of hours.
And if we take a look at its chart, it’s clear that it’s on the point of a rebound, with its indicators near hitting a backside.
Its relative energy index (yellow) is near falling under 40, and as soon as it does, we are able to count on patrons to return.
It’s additionally noticeable that, between July and August, the XRP worth has been forming a bullish pennant, from which it might get away of very quickly.
There are additionally good basic causes to be optimistic about XRP, together with the truth that Gemini has launched a new Mastercard that earns holders money again within the altcoin.
Current weeks have additionally seen Ripple finally end its legal battle with the SEC, whereas the company has also expanded into Dubai and different areas.
That is why XRP is among the many finest crypto to purchase in the meanwhile, and given its momentum, it might simply return to $3.50 in a few months, earlier than ending the 12 months above $5.
Dogecoin (DOGE)
Additionally among the many finest crypto to purchase as we speak, DOGE has nonetheless dropped by 3% in the past 24 hours and by 10% in a month.
Having stated that, it has gained by a formidable 100% up to now 12 months, and it continues to be able to massive pumps.
As with XRP and lots of different main cash, its indicators counsel that it might be solely a matter of days away from nearing a backside.
Once more, the one to look at is the RSI (yellow), which in Dogecoin’s case is hovering between 50 and 45.
This might imply that the Dogecoin worth might should fall additional within the close to time period earlier than an enormous rebound happens.
Nevertheless, DOGE is more likely to profit within the occasion of a rising market from mid-September onwards.
Assuming that the Federal Reserve does cut rates at its September 16-17 meeting, we might see the market rally strongly once more.
On this context, DOGE might return to $0.50, whereas the approval of XRP and Solana ETFs later within the 12 months might feed a bullishness that might see it close to $1.
Pepe (PEPE)
Rounding off this final of the perfect crypto to purchase now, Pepe has risen by 1% in the past hour, though it has dropped by 2% up to now day.
At $0.00001004, the Forty first-biggest cryptocurrency additionally sits on a 6.5% loss in every week and a 21% decline up to now month.
Maybe extra troubling is the truth that it has risen by solely 12.5% up to now 12 months, which is kind of modest in comparison with different main tokens.
Nevertheless, its chart signifies that it has simply entered an oversold place and will due to this fact return to development very quickly.
Its MACD (purple) has turned destructive up to now couple of days, whereas its RSI (yellow) is about to drop under 40.
It’s due to this fact solely a matter of time earlier than PEPE turns into discounted sufficient to entice patrons.
The coin is buying and selling at 64% under its ATH of $0.00002803, which it set again in December of final 12 months.
Subsequently, it has loads of room to rise additional within the coming weeks, with several whales having begun accumulating the token again in current days.
PEPE might, due to this fact, attain $0.000028 by the tip of September and $0.00011 by the tip of the 12 months, up round 800% from present costs.
Bitcoin Hyper (HYPER) Raises $12 Million As L2 Presale Heats Up
The tokens above rank among the many finest crypto to purchase as we speak, however a few of the greatest alternatives proper now lie in newer, low-cap gems that haven’t even launched but.
These presale tokens are producing critical buzz, with many constructing a lot momentum throughout their early gross sales that they explode in worth as soon as they hit exchanges.
For merchants trying to get in early and maximize potential upside, presales stay one of many hottest performs of this bull cycle.
Probably probably the most thrilling presale coin out there now’s Bitcoin Hyper (HYPER), a layer-two network for Bitcoin (BTC).
It has raised a really promising $12.1 million in its presale, which is able to finish within the subsequent few weeks.
This determine is an enormous vote of confidence in Bitcoin Hyper, which is able to launch its L2 community as soon as the presale ends.
As an L2 for Bitcoin, it is going to present BTC customers with quicker affirmation occasions and cheaper transactions, serving to them to make use of their holdings to commerce on DeFi apps.
It can run utilizing Solana’s digital machine, giving it appreciable velocity and scalability, whereas it is going to additionally make use of zero-knowledge rollups, for added privateness and safety.
This may make it one of the crucial superior layer-two networks within the crypto ecosystem, with its native token (HYPER) serving to pay for transactions charges.
Holders of HYPER may also be capable to stake the token, making it doubly worthwhile.
They will purchase it now by going to the Bitcoin Hyper website and connecting a appropriate pockets.
HYPER at present prices $0.012805, however patrons ought to act shortly, since this can rise tomorrow.
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