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Best crypto to buy in this altcoin bear market for 10x gains

Author: Content Editor
Best crypto to buy in this altcoin bear market for 10x gains
The article discusses the recent retreat in Bitcoin price and the resulting bear market in altcoins, with most cryptocurrencies falling by over 50% from their all-time high. However, the article highlights some altcoins that have the potential for significant gains during this market downturn.

The first altcoin mentioned is Pepe, which has seen a significant decline and is currently near its lowest level since November 2020. Despite bearish signals such as a head and shoulders pattern and a potential death cross formation, there are signs of a potential bounce back, including a falling wedge pattern and oversold levels on the Relative Strength Index (RSI). The article suggests that Pepe could potentially hit its all-time high with a 200% increase.

JasmyCoin is another altcoin highlighted, which has experienced a double-digit crash from its peak. Like Pepe, it has moved below key moving averages and the RSI has drifted downwards. However, the article points out formations of a falling wedge and a cup and handle pattern, which could lead to a strong bullish breakout. The article predicts a 73% rebound for Jasmy and a retest of a key resistance level.

Arbitrum is mentioned as a top crypto to buy during the altcoin winter due to its status as the second-largest layer-2 chain in the industry. The article highlights its strong fundamentals and the potential for gains after a recent crash. A triple-bottom chart pattern suggests further gains, and analysts believe that ARB is undervalued. A potential rebound could see it retest a key resistance level with a 163% increase.

Ondo Finance is noted as another altcoin to consider due to its role in real-world asset tokenization and involvement in Donald Trump's World Liberty Financial crypto project. It is expected to rebound from its current level to its all-time high with a 50% increase.

Other altcoins mentioned as potential buys include Polkadot, Avalanche, Injective, Render, Cosmos ATOM, and Celestia.

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