{"id":431694,"date":"2023-08-21T13:21:35","date_gmt":"2023-08-21T13:21:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=431694"},"modified":"2023-08-21T13:21:35","modified_gmt":"2023-08-21T13:21:35","slug":"best-crypto-to-buy-now-august-21-litecoin-tron-monero","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-crypto-to-buy-now-august-21-litecoin-tron-monero","title":{"rendered":"Best Crypto to Buy Now August 21 – Litecoin, TRON, Monero"},"content":{"rendered":"

 <\/span><\/strong>Crypto traders are always searching for the <\/span>best cryptocurrencies to buy<\/span><\/a> on any given day – we list some high-potential coins in this post.<\/span><\/p>\n

The crypto market is recovering, and a few altcoins are leading. Today’s gainers’ list has LTC, XMR, LDO and others closer to the top, while giants cryptos like ETH are also returning from the bearish market. <\/span><\/p>\n

In the meantime, what are the best cryptos to buy now? As the week unfolds, the potential of many crypto assets is becoming quite predictable. <\/span><\/p>\n

In this update, we will survey the market to identify the next big tokens on their way to printing big gains. <\/span><\/p>\n

Best Crypto to Buy Now <\/span><\/strong><\/h2>\n

Today’s article will help investors update their watchlists and provide insight into the crypto market’s performance. Moreover, the post goes beyond the listed cryptocurrencies to explore opportunities in upcoming projects. In that light, Sonik Coin is also featured in this article. The project’s fundamentals are remarkable, and it may be best for investors to look into it. However, the article covers a summary of the progress so far.<\/span><\/p>\n

\"Global<\/p>\n

Global Crypto Market Cap Chart<\/strong><\/em><\/p>\n

1. Litecoin (LTC)<\/span><\/strong><\/h3>\n

Many are still determining the future of LTC. Since its halving earlier in the month, LTC has lost over 18% of its value. Most traders and investors expected a boost in value after the halving. <\/span><\/p>\n

However, LTC took a different path, shedding about $47 in less than 21 days. Most investors are asking now whether LTC has a chance of recovery. <\/span><\/p>\n

Despite the sudden drop in the token’s price, some signs reveal that LTC may be one of the best cryptos to buy now. Technically, LTC has been on the uptrend before the bearish condition that overtook the crypto market last week. <\/span><\/p>\n

After the squeeze that forced the asset’s price down from its peak, the token began an upward trend, pushing its price from $63 to its current price of $66. <\/span><\/p>\n

\"Litecoin<\/p>\n

It’s even more interesting to note that LTC quickly flipped into consolidation after the last week’s bear market. <\/span><\/p>\n

The overall performance of LTC shows that the market might see a protracted gain. While it is unlikely that the token will produce explosive gains, it might gallop its way up the curve in the coming weeks. <\/span><\/p>\n

LTC may reach the $78 range as the trend progresses before encountering formidable resistance. LTC’s RSI and moving averages indicate that LTC might find enough bullish momentum to push its price further up the chart.<\/span><\/p>\n

2. TRON (TRX)<\/span><\/strong><\/h3>\n

TRON platform has been printing impressive numbers lately, as seen in the value of its token. According to information on its official Twitter handle, the platform is one of the few layer 1 blockchains that printed positive TVL output in the second quarter. <\/span><\/p>\n

\"Tron<\/p>\n

Despite recording a significant drop in its price in the past few weeks, TRX is positioning itself for another excellent quarter. <\/span><\/p>\n

In the last 24 hours, the token price has increased by 3%. Similarly, there’s been an increase of about 30% in its trading volume, which indicates that TRX is enjoying growing interest from the crypto community. <\/span><\/p>\n

Will TRX be able to sustain its gains for the rest of the months or till the end of Q3? Technically, TRON has several upsides that might increase its chance of breaking new ground.<\/span><\/p>\n

\n

#Cardano<\/a> and #TRON<\/a> were the only L1s with positive QoQ #DeFi<\/a> TVL growth. 🔥<\/p>\n

Cardano grew 14% QoQ and TRON grew 7% QoQ and is now up 48% YoY. 🚀<\/p>\n

🧵 pic.twitter.com\/d8z9N6DNgp<\/a><\/p>\n

— TRON DAO (@trondao) August 20, 2023<\/a><\/p><\/blockquote>\n