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5 Best Cryptocurrency To Buy To Weather The Storm

Looking for the 5 best cryptocurrency to buy in the midst of the crypto crash? We have the top picks.

The cryptocurrency market is currently in bearish mode at present and has been so for the last few weeks. After a record rise of well over 500% in just 4 months, the market has been cut down to size. So its always a good idea to choose the 5 best cryptocurrency to weather the storm.

However, there are always some positive signs emanating out of the clouds and it is always a good idea to buy some crypto to weather the storm. A tweet by you know who could push the price up of a certain coin considerably!

In this piece we take a look at 5 of the best cryptos which we think will start rebounding quite fast and make you some money in the process. As always these are just our opinions and do not in any way constitute financial advice. Always do your own thorough due diligence before you buy cryptocurrency.

Here are the 5 best cryptocurrency to buy that will withstand the stormy weather and prosper

1. Bitcoin (BTC) Always A Safe Bet

Although Bitcoin has lost over 50% of its value from its all-time high set around early May, its always a good bet to buy. There does seem to be considerable support at around the $30,000 level so it would be quite safe going I at these prices. Historically June is always something of a doldrum month for BTC so this steep drop is nothing new.

There do seem to be green shoots of a recovery just around the corner with several institutional investors piling up in all shapes and sizes. The Bitcoin price is expected to rise very soon and may even touch the $40k mark again in the next few weeks. That would mean a handy 20% profit although as always this is not investment advice.

2. Ethereum (ETH): Room To Grow Back Up

5 Best Cryptocurrency To Buy To Weather The Storm

After reaching a high of around $4400 in early May, Ethereum’s price has taken a considerable walloping in the past few weeks. It has dropped below the psychologically significant $2000 mark and may drop slightly as more bearish movement continues in the short term.

However, a rebound is expected in the next few weeks as the ETH price appears oversold and very cheap so one could easily make 10-20% over just a few days. Bearish sentiment may continue for a while though, so a good entry point is imperative.

3. Ripple (XRP) A Possible Candidate For An Upswing?

BNBUSD price chart 22 june 2021

Ripple continues to defy expectations and at the moment appears to be in freefall. It reached a high of around $1.75 in early May but began a steep descent ever since and is now trading at just above the $0.60 level. This is quite a cheap price for XRP and it looks like it might test the $1 level very soon although there remains some bearish sentiment around.

Here one could test the waters by going in at a low level and if there is a slight upswing, sell immediately. Quick profits of 8-10% could be made in a matter of a couple of hours but monitoring the price movement remains the key.

4. Ethereum Classic (ETC): ETH’s Sibling Will Shoot Up Again?

ETCUSD price chart 22 june 2021

The crypto world watched in awe in the last few days of April when Ethereum Classic began fast but inexorable rise to unprecedented highs. It touched the $150 mark and practically quintupled in value over just a few days. Its fall has been just as brutal with the price recently settling at around the $40 level which is still a considerable rise from its lows of around $5.

ETC does seem to be a bargain at the price and it could easily start another rise very soon although the jury is still out. With sound fundamentals, this crypto does appear to have potential and a small investment would not go amiss. The psychological level of $50 has been breached but there is strong support at $40 and the coin is poised for a strong rebound by the end of the month.

5. Binance Coin (BNB): After A Huge Rise And Fall, Is This The Moment For Zhao’s Coin?

BNBUSD price chart

The last of our 5 best cryptocurrency to buy to weather the storm is Binance Coin (BNB)

Binance Coin is one of their coins which saw an enormous 1000% rise from the beginning of the year where it peaked at around the $650 mark in early May. It has also fallen considerably of late and is currently teetering at support levels of around $300 – still an 800% rise on prices at the beginning of January.

Some may say that its still rather expensive but I beg to differ as there is enormous potential for this coin to rise considerably. In fact the top end of price predictions for BNB are at the $900 mark and the lower is $500 – so you still theoretically make around 40% by end of year at the lower end of the scale.

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Gerald Fenech

Gerald Fenech

Freelance journalist and writer with over ten years experience in forex and fintech writing. Specializes in crypto and blockchain