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3 Digital Currencies You Should Consider Adding to Your Wallet Before the Buzz Starts

As the cryptocurrency market recovers from the weekend's selloff, three altcoins have emerged as significant gainers, showing resilience and upward momentum.

BeInCrypto takes a look at three altcoins that saw a major rebound after the weekend bloodbath.

Cryptocurrencies are back: CORE, NEO and ONDO advance with incredible gains

After a difficult weekend that saw over a billion dollars in liquidations. The market is slowly starting to recover from its recent losses. Bitcoin recovered $66,000 after surpassing $60,000 on Saturday, April 13. These three altcoins have also seen the strongest recoveries over the past two days.

First, Core (CORE), known for its decentralized finance (DeFi) solutions, has seen a notable rebound. Technical charts indicate a strong rally of over 46% from recent lows, with price action sharply exceeding the 20 and 50 period moving averages.

CORE recently hit a one-year high of $4.37 on April 2 before the price fell 72.5%. The price has since seen an impressive rally over the past 24 hours.

CORE/USDT price chart.
CORE/USDT price chart. Source: Commercial view

The Relative Strength Index (RSI) on the 4-hour chart reflects this trend. It is growing steadily and reflects increased buyer interest.

NEO, often referred to as “Chinese Ethereum,” also posted impressive gains, according to Binance’s 4-hour chart. The asset saw an increase of more than 52% after the sale. The price candles broke previous major moving averages in a show of strength.

NEO/USDT price chart.
NEO/USDT price chart. Source: Commercial view

NEO's rise can be attributed to its strong fundamentals and recent updates that have boosted investor confidence. The price is almost back to its two-year high of $23.82. It was $22.25 at the time of writing.

Although ONDO stock is less well known, it is not late to move higher. ONDO also recently transferred $95 million to token fund Blackrock; The move aims to accelerate OUSG trading from trading date plus two days to snapshot, thereby addressing investors' concerns.

The ONDO price chart reveals a 60% increase, with the last candles forming a bullish formation. This follows a massive 47% decline since hitting all-time highs on March 31.

ONDO/USDT price chart.
ONDO/USDT price chart. Source: Commercial view

The uptrend in the RSI supports positive price action, indicating that ONDO could be on track for further gains. ONDO price currently sits at $0.97, just below its all-time high of $1.05.

These three cryptocurrencies stand out not only for their recovery but also for technical indicators indicating a change in market dynamics. Their ability to post significant gains despite market-wide pressures is a testament to the strong community support these cryptocurrencies enjoy and the technological value they offer.

Read more: Mimi Coins Become Most Profitable Digital Currencies During Q1 2024

While the broader market remains cautiously optimistic, especially as Bitcoin nears the halving, these three altcoins have risen to the challenges, demonstrating what is possible in a volatile and ever-changing landscape. As the market stabilizes, these cryptocurrencies could set a precedent for the next wave of altcoin rallies.

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