4 Best Crypto Coins to Hold for Long-Term Profit

Are you looking for the best crypto coins to keep for the long term? Historically, data shows that crypto always outperforms other traditional assets such as commodities and stocks. Bitcoin has risen from near zero in 2009 to nearly $100,000 today, while the S&P 500 index is up less than 500% over the same period. So let’s look at some of the best cryptocurrencies to buy and hold for the long term.

The Best Crypto Coins to Hold

The best cryptocurrencies to buy and hold are those that have a long track record, good utility, and a supportive community.

Ripple (XRP)

The XRP price has gone parabolic this year, making it one of the best cryptocurrencies to hold. It has risen for the last five consecutive weeks and is up almost 500% in the last 30 days.

Technically, the coin has flipped key resistance levels. For example, it jumped above the key point at $0.9325, its highest level in July 2023 and the neckline of the slanted double bottom pattern.

Most recently, the coin jumped above the key resistance point at $1.9810, its highest rise in April 2021. XRP price also remained above all moving averages while the Average Directional Index (ADX) is gaining momentum.

XRP also has some strong fundamentals. The RLUSD stablecoin is about to launch and the new SEC chairman may decide to drop its proceedings. Additionally, there are increasing chances that Ripple Labs will launch its IPO, which could be a catalyst.

Aureal One (DLUME)

Aureal One is a top cryptocurrency as it guarantees almost triple-digit returns. Currently in presale, a single DLUME token costs $0.0007, much less than the list price of $0.005. This means that every purchase is profitable if the list price holds for a while.

Aureal One will also do well based on its promise. Its developers hope it will become the first metaverse blockchain network for gaming, with near-zero gas fees and lightning-fast transactions. It can be achieved what Mantra has achieved by concentrating on one industry. Mantra price has increased by over 4,000% this year due to the focus on RWA tokenization.

Solana (SOL)

Solana is another top cryptocurrency to hold, supported by its strong technicals and fundamentals. Basically, it is the most popular chain for developers in areas such as DePIN and meme coins. DeFi TVL and DEX trading volumes have also skyrocketed in recent months.

Technically, Solana has formed a cup and handle pattern on the weekly chart. This pattern consists of a horizontal line and a rounded bottom. Ongoing consolidation is part of the grip formation.

The depth of the cup is approximately 94%. Therefore, there is a probability that the Value of SOL will rise to almost $500.

Dogecoin (DOGE)

Dogecoin, the biggest meme coinis another popular crypto coin. It has a large following, including Elon Musk, who now heads the Department of Government Efficiency (DOGE).

Dogecoin remained consistently above the 50-week and 200-week moving averages. It also recently cleared key resistance at $0.2265, its highest level on March 25. This was a notable level as it was the upper side of the double top pattern. It was also the higher side of the cup and handle pattern.

DOGE is now slowly forming a bullish pennant pattern consisting of a long vertical line and a symmetrical triangle. On most time frames, this pattern usually results in a strong bullish breakout. In this case, Dogecoin could take a leap and retest its all-time high at $0.7363, up 75% from current levels.

Summary of the best cryptocurrencies to hold

Ideally, history has shown that cryptocurrencies outperform other assets in the long run. So these coins will help you expand your portfolio. Other potential purchase coins include Polkadot, Tron and Ethereum.

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Disclaimer: The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.