{"id":309739,"date":"2021-10-29T05:22:55","date_gmt":"2021-10-29T09:22:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=309739"},"modified":"2021-10-29T05:22:55","modified_gmt":"2021-10-29T09:22:55","slug":"5-best-cryptocurrency-to-buy-for-the-weekend-rally-end-october-2021","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cryptocurrency-to-buy-for-the-weekend-rally-end-october-2021","title":{"rendered":"5 Best Cryptocurrency to Buy for the Weekend Rally – End October 2021"},"content":{"rendered":"

The cryptocurrency market is once again on the up. Its total cap now stands at just over $2.7 trillion, representing a rise of 4% in the past 24 hours. Ethereum (ETH) is leading the pack of major coins, with bitcoin (BTC) and others also posting solid gains. We’ve compiled the hottest coins right now into a list of the 5 best cryptocurrency to buy for the weekend rally.<\/p>\n

5 Best Cryptocurrency to Buy for the Weekend Rally<\/h2>\n

1. Ethereum (ETH)<\/h3>\n

ETH has set a new all-time high within the past 24 hours, having peaked at $4,416. It currently stands at $4,335, which is a 5.7% rise in the last 24 hours. It’s also a 6% rise in the last week and a 54% jump in the past month.<\/p>\n

\"Ethereum<\/a><\/p>\n

Unsurprisingly, ETH’s technical indicators look pretty good right now. Its 30-day moving average (in red above) is rising clear of its 200-day average (blue), indicating that it may be reaching a new long-term level. At the same time, its relative strength index (purple) shows strong momentum without firmly penetrating overbought territory.<\/p>\n

As we’ve been saying ever since the London hard fork of August (and before), there are many fundamental reasons why ETH is a good buy. Most notably, this fork has resulted in Ethereum burning a portion of its transaction fees, making ETH deflationary in the process.<\/p>\n

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$ETH<\/a> price breaking new highs while a record amount of 16.9k ETH was burnt in the past 24 hours<\/p>\n

This also brings ETH's issuance to a record low of -1.1% pic.twitter.com\/UrG0g0urlO<\/a><\/p>\n

— Lucas (@LucasOutumuro) October 29, 2021<\/a><\/p><\/blockquote>\n