Key Insights:
- BONK rallies over 110% in a month, with whale activity indicating it as one of the best crypto to buy.
- Optimism sees 15% DeFi TVL growth with a wedge breakout targeting $1.044.
- Solana sets up a rare triple golden EMA crossover, signaling momentum ahead of a possible move to $218.
The crypto market is finally showing signs of life. At press time, the total crypto market cap is up 2.68%, with Bitcoin nearing $120,000 and Ethereum trading steadily above $3,150.
While the big players are grabbing headlines, some smaller names are gearing up for major moves too.
If you’re looking for the best crypto to buy now, here are three coins/tokens that could outperform in the short term.
Top 3 Best Crypto to Buy
Optimism (OP)
Optimism (OP) is kind of justifying its name as one of the best crypto to buy. The token is currently trading near $0.71, after a 10.5% rally over the past 24 hours.
On the chart, OP has attempted a break above key resistance at $0.723. If bulls hold this level, the next targets sit at $0.844, $0.935, and finally $1.044. The final level represents a 40% potential upside from current levels.
What makes this interesting is the wedge breakout forming on the daily timeframe. Optimism is also about to break out from a descending wedge, provided the market sentiment remains bullish.
The falling broadening wedge classic bullish reversal pattern. Combined with rising volume, this breakout carries weight.
Optimism’s DeFi scene is also heating up. With a nearly 15% monthly jump in Total Value Locked (TVL), OP is now ranked 17th among all chains for DeFi activity. That adds some real strength behind this rally.
If Optimism fails to stay above $0.638 and sellers take back control, the bullish setup weakens, and further downside toward $0.401 becomes likely.
BONK (BONK)
BONK, Solana’s homegrown meme coin, is on a tear. It has rallied over 110% month-on-month and is now trading near $0.0000033.
A trend-based Fibonacci extension shows BONK has already smashed through the 1.0 level ($0.000002826) and is now targeting 1.618 at $0.000003868 and 2.618 at $0.000005554. That’s nearly 68% upside from where it is now.
BONK isn’t just riding the meme coin fever, but appears as one of the best crypto to buy now. Whale Radar shows multiple whales have been buying BONK heavily this week. A few wallets reportedly added millions worth of tokens, backing the rally with real volume.
Also note, BONK broke through a three-month downtrend just last month, flipping major resistance zones into support. This type of structure flip usually signals that stronger hands are entering the market. If buyers defend the breakout, the rally could stretch longer.
If BONK falls below the 0.618 Fibonacci level at $0.000002182, the bullish thesis weakens, and we could see a return to the $0.0000020 zone.
Solana (SOL)
Solana (SOL) hasn’t made a huge move yet, but its chart is quietly setting up something big. SOL is currently trading around $167, hovering above the key 0.382 Fibonacci level at $161.
If it clears the 0.5 level at $172, things could heat up fast, with a path toward $198 and even $218, which is the 1.0 extension of the trend-based Fibonacci setup.
What’s more interesting? Solana’s 20-day EMA has already crossed above the 50-day and 100-day EMAs. If the 50 EMA crosses the 100 EMA too, we’ll have a rare triple golden crossover; a strong bullish sign for momentum traders.
Triple crossovers are not common. They suggest that short, mid, and long-term sentiment is aligned.
When the 20-50-100 EMAs all point upward, it’s like all green lights flashing at once. Most traders take this as a confirmation of strong upside.
DeFi activity also supports the price action. Solana’s DeFi TVL has grown over 10% this month, showing rising demand for its ecosystem.
If SOL dips below the 0.236 Fibonacci support at $148, the triple crossover setup breaks down, and Solana could slip back into a bearish range.
