3 Altcoins to Buy as PEPE Price Soars 7.4% Today

The crypto market is slowly recovering, with some coins showing modest gains. Bitcoin price has seen a slight surge, while the PEPE coin stands out with a notable 7% surge in the past 24 hours. Ahead of CPI data today, Pepe is among the top gainers today. Here are other top three altcoins to buy amidst the surge.

Altcoins to Buy: Pi Network (PI)

Pi Network (PI) price has recently surged by 20%, stabilizing around $1.60, but still falls short of its February high of $2.98. The PI price is currently trading at $1.65, with a 20% increase in the past 24 hours. 

As Pi Day approaches on March 14, PI users must migrate their mined tokens to the mainnet, but KYC verification issues could complicate the process for many. 

Over the last three days, PI has consistently traded above $1.40, signaling a potential price reversal. The growing speculation about a possible Binance listing has sparked community excitement, though Binance has not confirmed any plans. 

With Pi Day drawing closer, investors are closely watching this transition, positioning PI as one of the altcoins to buy in the near future.

XRP (Ripple)

The price of XRP has seen a significant rebound, making it one of the top altcoins to buy. After a sharp sell-off earlier this week, the BTC price experienced a mild recovery, rising by 2% to $81,600. However, the most impressive movement came from XRP. 

The Ripple price surged more than 10% in just 24 hours, climbing to $2.23 after falling below $2 earlier in the week. 

This surge suggests the potential for more bullish momentum. Additionally, the SEC’s approval of an XRP ETF, despite delays, now stands at a 73% chance of approval, which could further fuel market optimism.

Cardano (ADA)

Cardano (ADA) price has notably recovered following a significant downturn over the past few days making it amongst the altcoin to watch. The price surge is approaching crucial resistance levels. ADA has already shown a 5% increase, trading at $0.7483 after reaching a low of $0.7004. 

The current price trajectory signals a 30% potential upward movement toward $1.00, a key psychological resistance level. Traders are closely monitoring these levels as Cardano tries to break free from its recent consolidation pattern. The price fluctuation between $0.6 and $0.8 is crucial to the coin’s next major step.

The Relative Strength Index currently stands at 44, suggesting that the asset is neither overbought nor oversold. 

The MACD indicators further corroborate the positive outlook. The histogram shows increasing bullish momentum, with the MACD line above the signal line, indicating that momentum is shifting in favor of the buyers.

Source: TradingView

Conclusion

In conclusion, while the market continues its recovery, these altcoins to buy for those looking to diversify their holdings. Investors should monitor price trends and make informed decisions to maximize potential gains.

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