Following a much-needed restoration on Monday, the cryptocurrency market has dipped 0.51% previously 24 hours, extending its 9.24% weekly decline. Specialists have acknowledged that this drop displays the lingering results of final week’s historic $20 billion liquidation occasion, urging merchants to stay cautious.

The market continues to be reeling from the crypto Black Friday crash on October 10, which was triggered by U.S. President Donald Trump’s tariff risk on China. Over $19 billion in varied crypto positions had been liquidated, marking the most important single-day wipeout in crypto historical past. Whereas costs have partially recovered, open curiosity (OI) in derivatives stays low as merchants are staying away from high-risk bets.

In the meantime, altcoins proceed to lag Bitcoin, as mirrored by the Altcoin Season Index studying of 40/100 and the BTC dominance ticking up 0.6 factors to 58.33%. That is reflective of the capital preservation technique throughout the board following the earlier week’s liquidation storm, the place alts had been the toughest hit. Buyers want Bitcoin’s liquidity and security as a store-of-value to the volatility of altcoins, leaving them starved of liquidity.

As per our evaluation, the perfect cryptos to purchase now are: Portal To Bitcoin (PTB), Humanity Protocol (H), and Falcon Finance (FF). These altcoins managed to showcase resilience regardless of the broader market downtrend, pushed by catalysts equivalent to ecosystem-related momentum, influence of a mainnet launch, tier-1 alternate listings, strategic investments, and technical rebounds.

Finest Cryptos to Purchase Right now (10/14): $PTB, $H, $FF 

1. Portal To Bitcoin ($PTB)

The worth of $PTB rose 3.16% during the last 24 hours, extending its 15.37% weekly good points, whereas outperforming the broader market’s decline over the interval. A key driver behind the continuing rally stems from a $50 million ecosystem funding fund introduced by Portal to Bitcoin, supported by Paloma Investments, on September 11, aiming to speed up developer instruments and institutional integrations for the venture. The PTB mainnet, which went reside final month, helps trustless atomic swaps between BTC and SOL with out the necessity for token bridges.

As PTB positions itself as a Bitcoin decentralized finance product, it benefited from BTC’s 1.2% rise. Whereas the token’s each day good points outpace BTC, its correlation to the apex crypto is robust. The optimistic sentiment towards Bitcoin has lifted PTB.

PTB broke above its 7-day SMA ($0.057) with a bullish MACD histogram (+0.00095) crossover, and a 14-day RSI studying of 62.34, signaling impartial however rising market sentiment. The 23.6% Fib retracement stage at $0.0677 now acts as near-term resistance for the token. The uptick in PTB’s MACD suggests short-term bullish momentum, whereas its Relative Energy Index stays away from overbought ranges, leaving room for additional good points. Sustained buying and selling quantity above $38.6 million and an in depth above $0.0677 may verify the breakout’s validity.

2. Humanity ($H)

The worth of $H rallied 148.72% previously 24 hours, turning into one of many best-performing altcoins of the day because it outperformed the broader crypto market, whereas extending its weekly rally to 177.5%. The largest catalyst for the token’s value was the launch of the Humanity Protocol mainnet in August, which enabled Web2-to-Web3 credential linking with out exposing person information, thereby positioning H as a privacy-centric cryptocurrency. The mainnet debut additionally validated its know-how, attracting builders and institutional traders following a $20 million funding spherical backed by crypto VCs equivalent to Leap Crypto and Pantera Capital.

H was listed on the main crypto alternate, Gate, on August 20, additional bettering the token’s liquidity and market accessibility. Gate introduced a promotional airdrop of 727,273 H for stakers. The staking marketing campaign helped scale back rapid promote strain post-listing. H’s 24-hour buying and selling quantity grew 1,422% consequently, suggesting retail participation.

H broke above its 23.6% Fib retracement ($0.147), however its 7-day RSI studying of 95.24 displays a deeply overheated market. Nevertheless, the optimistic MACD histogram reveals bullish momentum. Which means that short-term merchants could also be chasing the breakout, however excessive RSI ranges typically precede value corrections. Speedy help for H lies on the 38.2% Fibonacci retracement ($0.125), whereas its resistance is on the 127.2% Fibonacci retracement ($0.221).

3. Falcon Finance ($FF)

FF managed to rally 11.96% previously 24 hours, outperforming the broader crypto market’s dip. The principle issue for the surge is Falcon Finance securing a $10 million funding from M2 Capital and Cypher Capital in an effort to speed up its common collateralization infrastructure. This follows the $1.6 billion circulation milestone achieved by its native USDf stablecoin. The recent capital injection has validated Falcon’s function in bridging DeFi and real-world asset tokenization (RWA), increasing the protocol’s fiat gateways and institutional partnerships.

On October 1, Falcon printed its first unbiased audit report by Harris & Trotter LLP, which confirmed that the USDf reserves exceeded its liabilities by 3.87%, $1.96 billion reserves versus $1.89 billion in stablecoin circulating provide. The audit has eased considerations surrounding a depeg, which is a essential belief issue amid current volatility. This additionally positions USDf as a regulatory-compliant yield asset, attracting establishments, whereas stabilizing demand and bettering utility for FF.

The 14-day RSI of FF hit 32.91, approaching oversold ranges earlier than the rally. Quick-term merchants are more likely to have capitalized on the oversold situations for the token, however its 30-day value efficiency is down 70.57%. FF’s restoration is dependent upon its means to carry above the $0.15 to $0.16 resistance vary. An in depth above $0.163 may sign bullish momentum, however failure might retest the $0.13 help. The 7-day SMA at $0.139 now acts as rapid help for FF.

Remaining Ideas: The Finest Cryptos to Purchase Now – $PTB, $H, $FF

The rallies of at present’s best-performing altcoins – Portal to Bitcoin (PTB), Humanity Protocol (H), and Falcon Finance (FF) – got here amid a broader market drawdown, as merchants took a cautious strategy following the historic, $20 billion market liquidation occasion on October 11. The three cash are showcasing huge bullish value potential, with their respective RSIs starting from simply above oversold ranges to excessive overbought ranges, growing the percentages for a rally earlier than a value correction, adopted by consolidation.

Readers ought to notice that cryptocurrencies are extremely speculative and risky belongings, and it is suggested that you simply conduct correct due diligence and search skilled opinion earlier than investing resolution. Moreover, the contents of this text are for informational functions and shouldn’t be construed as funding recommendation.