Many blue-chip crypto coins could rebound if Bitcoin price does the impossible and surges from near $80,000 to $100,000 by the end of the week. Such a surge is possible now that the FOMC concludes its two-day meeting today. Some of the best cryptocurrency coins to buy if this happens are Pepe, BNB, and TRX.
Crypto coins to 3X Portfolio if Bitcoin Price Hits $100k
Bitcoin price was trading at $83,750 on Wednesday, meaning that it needs to jump by almost 20% from the current level. Such a move is possible if the Federal Reserve embraces a dovish tone during this meeting. Some of the best crypto coins to buy if this happens are Pepe (PEPE), BNB (BNB), and Tron (TRX).
Pepe (PEPE)
Pepe is one of the top crypto coins that may surge if the price of Bitcoin jumps to $100,000 by the end of the week. The most bullish aspect is its strong technicals, which point to a strong surge in the coming weeks.
The daily chart shows that it has bottomed at $0.000005920 this month. This was a notable level since it coincided with the lowest level in May and August last year, meaning that it may be a double-bottom pattern. The neckline of this pattern is at $0.00002835, up by almost 300% from the current level.
Pepe coin price has also formed a falling wedge pattern, which explains why whales are accumulating. As such, a combination of whale purchases, double-bottom, and a falling wedge points to a big jump soon.
Pepe Price Chart
Tron (TRX)
Justin Sun’s Tron is one of the best crypto to invest in, and see large gains if Bitcoin price surges to $100,000. The bullish case for the coin is that it has strong fundamentals as Sun mulls creating a wrapped TRX on Solana.
Tron is burning many coins each day, leading to negative annual inflation. As shown below, the number of TRX tokens in circulation has continued dropping. Also, Tron has become the most profitable player in the crypto industry after Tether, and its staking yield has jumped in the past few months.
Tron in circulation
Donald Trump’s World Liberty Financial has accumulated TRX tokens, while the SEC has dropped charges against Sun. All these fundamentals mean that the coin could soon stage a strong comeback and hit an all-time high soon.
BNB (BNB)
BNB is one of the best crypto coins to buy. Technically, as CoinGape has covered before, it has formed a cup and handle pattern, pointing to more gains in the future. The target is about $1,100, which is much higher than the current $650.
BNB also has strong fundamentals as it seeks to dethrone Solana and Ethereum in the DEX industry. DeFi Llama data shows that its DEX volume is leading this week, helped by the recent Mubarak price surge. The network will also go through the Pascal hard fork this week, and two more others by June. These upgrades may help to supercharge its price.
Summary on the Best Cryptocurrency Coins to Invest
Many crypto coins will jump if Bitcoin recovers and hits $100,000 later this week. In addition to Tron, BNB, and Pepe, there are other good coins to consider like IOTA, Polkadot, and Kusama.
The post 3 Crypto Coins to 3X Portfolio If Bitcoin Price Hits $100K By End of This Week appeared first on CoinGape.
