September 19, 2024
Bitcoin News

Top 5 Cryptos to Buy During Bitcoin’s Rally: MTAUR, SOL, ADA, AVAX, MATIC

As Bitcoin continues to rise, Solana (SOL), Cardano (ADA), Avalanche (AVAX), and Polygon (MATIC) seem to follow the suit. Newcomers like Minotaurus ($MTAUR) can also match that potential.

Will Solana’s growing number of active users lead to higher prices? Could Cardano’s network signals bring a bullish trend? How will Avalanche and Polygon perform? And will a new player outpace them all? Read on to figure out.

Minotaurus ($MTAUR): Reap the Presale Opportunity

Let’s kickstart our exploration with a newcomer, Minotaurus ($MTAUR). At its core is an endless runner game featuring solid graphics, compelling sounds, and an endless stream of mazes. In addition to a fun core concept, this one deserves attention as a presale. Right now, there’s a special 70% price cut on $MTAUR tokens — $0.00005953 vs $0.00020 post-listing. Even a tiny deposit made today could see a ~236% boost when $MTAUR hits the exchange.

Minotaurus enters a dynamic casual gaming industry, which is expected to pick up even more steam in the upcoming years. As per Statista, a 9% annual growth is expected. $MTAUR has a lot of potential thanks to its great utility. In-game, users can unlock special zones, boosters, and more with it. Plus, there are referral and vesting programs to engage holders even more.

We are looking forward to seeing how Minotaurus ($MTAUR) will evolve in the near future. For now, the fact that we are adding it to our list alongside Solana, Cardano, Avalanche, and Polygon already says a lot about its current standing. Thought leaders are already pumped about Minotaurus, saying: “It’s time to conquer the bull run with Minotaurus!”

Solana (SOL): Can $75M Active Addresses Push SOL to New Highs?

Moving on to the next coin benefiting from Bitcoin’s rally. Recent Solana news show that it has 75 million active addresses on its network. This large number of users could help the Solana price go higher. When Bitcoin rises, major coins like Solana coin often do well too.

Crypto expert Raoul Pal, co-founder of Real Vision, recently said, “Solana’s ecosystem continues to grow at an impressive rate. If Bitcoin’s momentum remains strong, Solana could see a significant price increase as investor interest rises”.

Right now, Solana is trading between $127.17 and $135.87. Its RSI (Relative Strength Index) is 49.23, which means the market is balanced. Traders are watching to see if the Solana price USD can break past $168.72, a key resistance point. If Bitcoin stays strong, Solana’s price might move up toward $150. The current Solana to USD exchange is being closely monitored by investors.

Many analysts have already made a positive Solana price prediction, with some expecting it to test the $150 range. However, if Bitcoin slows down, Solana coin might lose some of its gains. It could fall back to its $105 support level. The strong growth in Solana’s network activity makes it a coin to watch closely.

Cardano (ADA): On-Chain Signals Suggest Bullish Potential

Cardano is another token benefiting from Bitcoin’s rally. Recent data from the network shows signs that Cardano ADA could be about to rise. Like Solana, Cardano often follows Bitcoin’s moves.

According to Charles Hoskinson, the founder of Cardano, “The network’s growth and recent updates are setting the stage for a bullish turn. If Bitcoin continues its run, ADA crypto is in a prime position to benefit”.

Right now, Cardano is trading between $0.3271 and $0.3505. Its RSI is 51.87, showing that Cardano has room to go higher. If Bitcoin keeps rising, Cardano could break through its $0.4057 resistance level. After that, it may move toward $0.4662. Many are looking at the Cardano price prediction, which points to potential growth if the rally continues.

Cardano’s on-chain signals are positive, but its price depends a lot on Bitcoin price movements. If Bitcoin’s rally slows down, ADA price could fall back to $0.28, which is a strong support level. But for now, as Bitcoin stays strong, Cardano crypto has a good chance of growing. For those tracking ADA USD, let’s wait for more Cardano news.

Avalanche (AVAX): Will the Bullish Trend Continue?

Moving on, let’s talk about Avalanche. It is also benefiting from Bitcoin’s rally. Analysts are now talking about the possibility of AVAX reaching $40 soon. This would be a big move, helped by Bitcoin price trends.

Crypto analyst Benjamin Cowen recently commented, “Avalanche is one of the top platforms showing strong bullish patterns. As Bitcoin climbs, it’s highly likely that AVAX could follow suit, reaching its next resistance levels”.

Right now, AVAX is worth between $22.82 and $25.98. Its RSI is 60.70, which shows that AVAX is in a strong position. If Bitcoin continues to rise, Avalanche crypto coin could hit its next resistance level at $28.05. The next goal after that is $33.37. Based on the latest AVAX price prediction line-up, there is a high likelihood for growth in the short term.

Avalanche’s performance is tied to Bitcoin’s rally. If Bitcoin keeps going up, AVAX price could reach these targets. However, if Bitcoin slows, AVAX could fall back to its support at $17.37. The bullish momentum for Avalanche is clear for now, but holders need to watch Bitcoin’s performance closely.

Polygon (MATIC): Whale Activity Brings Price Fluctuations

Finally, there’s Polygon. It is seeing a lot of whale activity. This means large holders of MATIC coin are moving their coins, which is causing the price to change quickly. Polygon often follows Bitcoin’s price movements.

Michael van de Poppe, a well-known crypto analyst, stated, “Polygon’s whale movements are creating volatility, but the overall trend is still influenced by Bitcoin. If Bitcoin continues to rally, Polygon is likely to ride that wave”.

Right now, MATIC is priced between $0.3746 and $0.3931. Its RSI is 45.55, meaning it could still rise. If Bitcoin continues its rally, Polygon price could break through its $0.5552 resistance level. The next target after that is $0.69. Many analysts are optimistic about the MATIC price prediction, especially in the context of Bitcoin’s upward trend.

Polygon’s price movements are connected to Bitcoin’s rally and the activity of large holders. If Bitcoin continues to rise, MATIC price could follow. But if Bitcoin slows down, Polygon might fall to its $0.31 support level. Whale activity adds some risk to Polygon crypto prices, but Bitcoin’s rally is giving it room to grow.

Conclusion

In summary, $MTAUR, SOL, ADA, AVAX, and MATIC are all riding on Bitcoin’s rally. As Bitcoin rises, these coins are likely to rise as well. Experts in the crypto space, like Raoul Pal, Charles Hoskinson, and Michael van de Poppe, have pointed to the strong correlation between Bitcoin’s price performance and these altcoins. Among these five, $MTAUR seems to be a standout, but the early-bird opportunities it offers won’t last long.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.