The post Top 3 Cryptocurrencies That Are Not Bitcoin to Buy in September 2024 appeared on BitcoinEthereumNews.com.

The crypto market remains under Bitcoin’s dominance, with its value frequently dictating broader market sentiment. However, as Bitcoin’s price undergoes periodic fluctuations, opportunities arise to explore alternative cryptocurrencies that could yield significant returns. Bitcoin, which recently saw notable price movements, continues to dominate, but savvy investors are shifting their focus to other potential gains. September 2024 presents a crucial period for these alternatives, specifically Ripple (XRP), Shiba Inu (SHIB), and MoonTaurus (MNTR), each offering unique prospects for investment. Bitcoin Price Consolidation Since peaking above $73k in March, Bitcoin [BTC] has spent the past six months consolidating, fluctuating between $50k and $70k. This pattern is reminiscent of its 2020 price action, where BTC traded within a $7k – $10k range before eventually breaking out and tripling its value by the year’s end.  Despite recent price volatility, with BTC dropping from over $64k to below $60k, market analysts maintain that a post-halving rally remains possible, fueled by favourable macroeconomic conditions. XRP to Surge on Whale Accumulation XRP has experienced a 10% drop from its local high of $0.63, but this decline has not discouraged major investors. Whales holding over 1 billion XRP tokens have increased their positions, indicating strong confidence in a potential price rebound. These large holders, whose accumulation typically signals market recovery, are eyeing XRP as it nears oversold levels on its relative strength index (RSI). This accumulation, alongside XRP’s potential recovery toward $0.62 or even $0.69, suggests that September could be a pivotal month for XRP investors. Shiba Inu (SHIB) Sees Some Gains  Shiba Inu has recently shown resilience, rallying 30% from its August 5 low of $0.00001078. Despite significant losses realized by traders, this rally suggests a potential price bottom and sets the stage for further gains. The launch of Shibarium’s Layer 2 chain and a comprehensive toolkit…

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Filed under: News - @ August 31, 2024 5:17 pm