Best Crypto to Buy Now April 18 – Injective, Gala, Akash Network

cryptonews.com:

As cryptocurrency prices bounce on Thursday in wake of the bulls putting up a strong defense of the $60,000 Bitcoin (BTC) and $3,000 Ether (ETH) levels a day earlier, investors are hunting for smaller, lesser-known altcoins that could be the best crypto to buy now to deliver quick gains.

The world’s two largest cryptocurrencies Bitcoin and Ether were both threatening breakouts below key psychologically important levels earlier this week.

Many traders have become more pessimistic about the near-term outlook given rising macro and geopolitical headwinds ahead of the halving. But Bitcoin has since rebounded to near $64,000 and Ether to near $3,100.

But crypto prices have a habit of moving in the opposite direction that the crowd expects.

As per research firm Santiment, “the #bullmarket has essentially come to an end after #Bitcoin’s -16% market value drop since the #AllTimeHigh of $73,600 hit back on March 14^th”.

“At the same time, #bearmarket mentions are increasing,” Santiment continued in a research note.

Mentions of the “buy the dip” have also declined, which Santiment notes often market the end of downtrends.