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Ethereum may retest lows as Cardano eyes rebound; new DeFi token TAP, dubbed one of the best crypto to buy.
Summary
- Ethereum dips to $3,200 as altcoins like Cardano and new token TAP spark hopes for a faster market rebound.
- Digitap has so far raised $1.4m in presale, and investors eye up to 5,000% gains amid growing PayFi buzz.
- It’s token bridges DeFi and TradFi with Visa-like crypto spending, eyeing 422% ROI pre-listing and huge post-launch gains.
Are hopes for altseason dashed after the Ethereum price retested $3,200? The overall crypto market is bleeding, but investors are doubling down on altcoins set for faster rebounds — the Cardano coin is on this list of the best altcoins to buy right now. Meanwhile, Digitap (TAP), a new privacy coin and an emerging DeFi-TradFi token, is a new favorite.
At the intersection of decentralized finance and traditional banking, TAP has been hailed as the best crypto to buy now. It is at the forefront of the PayFi revolution by offering users true financial privacy through offshore accounts and no-KYC options, making it a high-potential crypto to buy now.
The Ethereum price breaks below key level – is it over?
The Ethereum price slid further below, down 19% over the past seven days. It retested $3,200, giving a bleak outlook. Given current gloomy sentiments, this might not be the end of its woes.
A decline below $3,100 may likely see the Ethereum price lose the key $3,000 support. From here, a cascading sell-off toward $2,800 cannot be ruled out. Bitcoin Macro, a top analyst on X, shares an even more pessimistic outlook, suggesting ETH might not be the best crypto to buy now.
According to their forecast, the Ethereum price hasn’t bottomed out and may retest $2,800. Further, they didn’t rule out the possibility of a dump to $1,000. However, while ETH may not be the best crypto to buy now, due to recent bearish trends and its large market size, an overall market bounce might push the altcoin price upward.
Cardano coin slips, but a rebound is underway – one of the best altcoins to buy today?
The Cardano coin maintains its $0.50 support despite recent downtrends. It declined by nearly 20% on its 7-day chart, which, on the bright side, puts it in an attractive buy zone. With smart investors and whales doubling down and buying the dip, a reversal could play out in the coming days.
Bpay News on X (formerly Twitter) suggests recovery and believes the Cardano coin can rally toward $0.70 and $0.86 in the coming weeks. They consider the Layer-1 coin to be oversold, presenting a strategic entry opportunity.
Maintaining the current support may push the Cardano coin above $0.60 this week. An overall market rally could also occur in the coming days, potentially driving ADA past $1 — one of the most promising altcoins to buy at the current levels.
Digitap: why this might be the next big thing
The recent buzz around privacy coins is driving massive interest in Digitap, an emerging cryptocurrency championing true financial anonymity. Early funding in presale has surpassed $1.4 million, highlighting the growing demand among investors. In addition to its bullish DeFi-TradFi narrative, its significant upside potential is one of its biggest attractions.
Currently, a token costs just $0.0268 in the second presale round, believed to be heavily discounted. At the listing price of $0.14, early adopters are positioned for a 422% ROI if they load up the TAP token now, positioning it as a high-potential crypto to buy now. That isn’t all. The projected 5,000% gain after its market debut this year makes it a must-have.
Beyond its growth prospects, Digitap’s transformation of the cross-border payments market lends it tangible application. While most crypto is for speculation and has no real-world spending utility, it enables users to spend crypto like cash with a globally accepted Visa card. With the app now live, it features a single control panel for all multiple assets — the first omnibank.
Use the code “DIGITAP15” for 15% off first-time purchases.
ADA and TAP – more compelling bets than ETH
The Ethereum price retests a low level and may drop further, giving a bleak outlook. Meanwhile, the Cardano coin promises higher gains during the market’s next bounce. At the same time, TAP, considered the best crypto to buy now, is tipped for a 5,000% surge after its debut, besides the 422% gain in presale.
To learn more about Digitap, visit its presale, website, and socials.
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