Best Crypto to Buy Today February 20 – Filecoin, Chiliz, Siacoin
With Bitcoin (BTC) and Ether (ETH) prices choppy in wake of hitting fresh multi-year highs earlier in the session, investors are hunting for altcoins with more convincing bullish momentum in the hope of finding the best crypto to buy today.
Bitcoin briefly surpassed $53,000 on Tuesday, while Ether was momentarily trading with a $3,000 handle.
Both have since pulled back around 3%, with BTC now trading in the low $51,000s and ETH back at $2,900.
With Ether failing to break above $3,000 and BTC seemingly still locked within recent $51,000-$53,000 ranges, traders are hunting for alternatives that could be the best crypto to buy today.
Here are some smaller altcoins that are currently trading with stronger bullish momentum.
Decentralized data storage protocol Filecoin (FIL) has been pumping recently.
FIL nearly hit $8 per coin on Tuesday, near its highest levels for the year.
Last just above $7.50, FIL is up over 9% in 24 hours, as per CoinMarketCap.
Filecoin is up 60% from its yearly lows and if it can break above $8.10 resistance, qoculd quickly rally another 25% to 2023 highs around $9.50.
The prospect of quick potential gains makes FIL amongst the best crypto to buy today.
Another altcoin with strong momentum is sport and entertainment-focused blockchain Chiliz (CHZ).
Up 6% in 24 hours according to CoinMarketCap, CHZ recently hit fresh multi-month highs above $0.1260.
CHZ is up a stunning 125% from last Octobers low.
But this could be nothing compared to the gains ahead, if CHZ can break a long-term downtrend.
If it can, a rally to 2022 highs in the $0.30s or to record highs near $1.0 is possible.
That’s why CHZ could be one of the best crypto to buy today.
Decentralized cloud storage network Sia’s native token Siacoin has pumped up 6%
Read more on cryptonews.com
