Top 4 Crypto Coins to Hold for Long-Term Profit

Looking for the best crypto coins to hold for the long-term? Historically, data shows that crypto always beats other traditional assets like commodities and stocks. Bitcoin has moved from near zero in 2009 to almost $100,000 today, while the S&P 500 index has risen by less than 500% in the same period. So, let us look at some of the best cryptocurrencies to buy and hold for the long term.

Best crypto coins to hold

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

Ripple (XRP)

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

Technically, the coin has flipped the most important 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, the highest swing in April 2021. XRP price has also remained above all moving averages, while the Average Directional Index (ADX) has momentum.

XRP also has some strong fundamentals. It is about to launch the RLUSD stablecoin and the new SEC chair may decide to end its cases. Also, there are rising odds that Ripple Labs will launch its IPO, which may be a catalyst.

XRP Price Chart

Aureal One (DLUME)

Aureal One is a top cryptocurrency to hold as it almost guarantees triple-digit returns. Currently in its presale, a single DLUME token goes for $0.0007, much lower than the listing price of $0.005. This means that any purchase will be profitable if the listing price holds for a while.

Aureal One will also do well because of its promise. Its developers hope that it will become the first metaverse blockchain network for gaming, with near zero gas fees and lightning fast transactions. It can achieve what Mantra has achieved by focusing on one industry. Mantra price has soared by over 4,000% this year by focusing on RWA tokenization.

Solana (SOL)

Solana is another top cryptocurrency to hold, helped by its strong technicals and fundamentals. Fundamentally, it has become the most popular chain for developers in areas like DePIN and meme coins. Its DeFi TVL and DEX trading volume has also jumped in the past few months.

Technically, Solana has formed a cup and handle pattern on the weekly chart. This pattern is made up of a horizontal line and a rounded bottom. The ongoing consolidation is part of the handle formation.

The depth of the cup is about 94%. Therefore, there is a likelihood that the value of SOL will surge to almost $500.

Solana Price chart

Dogecoin (DOGE)

Dogecoin, the biggest meme coin, is another popular crypto coin to hold. It has a big fanbase, including Elon Musk, who is now leading the Department of Government Efficiency (DOGE).

Dogecoin has constantly remained above the 50-week and 200-week moving averages. Also, it recently flipped the important resistance level at $0.2265, its highest swing on March 25. This was a notable level since 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, which is made up of a long vertical line and a symmetrical triangle. In most periods, this pattern usually leads to a strong bullish breakout. If this happens, Dogecoin may jump and retest its all-time high at $0.7363, up by 75% above the current level.

Dogecoin price chart

Summary Of The Best Cryptocurrency To Hold

Ideally, history has shown that cryptocurrencies beat other assets in the long term. So, these coins will help you grow your portfolio. Other potential coins to buy are Polkadot, Tron, and Ethereum.

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