The second week of April was one of the most catastrophic weeks for crypto. Trade wars reached an alarming peak, and a major bleedout of assets led to billions. On Monday, BTC prices suddenly crashed. This started a waterfall effect, and all the other altcoins followed suit.
However, experts like Arthur Hayes predicted that BTC could surge to 250K by the end of this year. Therefore, they are urging that things are not as bad as they seem. Therefore, here is our take on what could be some of the safest options you could go for
BTC
BTC is showing signs of recovery. Even though prices fell below the $79k mark on Monday, the token is showing some traction at the moment. However, acquiring BTC can be a cost-intensive effort. In other words, the price of BTC is not conducive for a beginner.
Solaxy
Solaxy is another crypto that should be on the radar of people who are looking to explore the landscape. It is designed to tackle the Level 2 architecture. Solaxy is good for beginners as the price is affordable. This is why the project has managed to earn close to $29.7 million, making it a potent choice.
XRP
Another token that can give you good returns is XRP. XRP shows signs of recovery and is on the brink of breaking out. However, it faces two key resistance levels at $2.25 and $2.60. These resistance levels could pose a challenge but can also help the token to break out even harder. Therefore, its is the time to wait and watch.