Best Crypto To Buy Now As Bitcoin RSI Hits Extremely Oversold, Fear and Greed Index Dips Below FTX Levels

Bitcoin is now flashing one of its strongest bottom signals in years, indicating that the ongoing crypto market crash might soon be over and a new bull run is on the horizon. 

The Bitcoin price fell to $85,000 on Thursday, in correlation with a sharp drop in the US stock market. A strong September jobs report release further decreased the odds of a December rate cut, creating headwinds for risk assets. 

However, BTC’s technicals suggest that a bottom is now close. Bitcoin’s weekly Relative Strength Index (RSI-14) is now at 35.73, at its lowest level since December 2022, when the BTC price was below $17,000. 

This also means that Bitcoin has formed a massive hidden bullish divergence in its weekly timeframe, a higher low in price with a lower low in RSI. This signals that a massive bullish reversal could be imminent. 

Meanwhile, the Crypto Fear and Greed Index temporarily fell to 10, even below the FTX and Covid crash levels. Such extreme fear typically precedes a rebound, especially as the on-chain data continues to show that the biggest whales are buying the dip. 

There is a reason why the number of holders with over 1k BTC is surging, as Bitcoin continues to be one of the best crypto to buy now. 

Best Crypto To Buy Now: Bitcoin, Ethereum, XRP and Undervalued Altcoins

The low weekly RSI indicates seller exhaustion, and the Crypto Fear and Greed Index suggests that short-term holders are panic-selling, two of the biggest bottom signals in the crypto market. 

Altcoins are now highly undervalued, and tokens like Zcash, SPX6900 and Artificial Superintelligence Alliance are totally defying the broader market bearishness. 

In the article, we list the best crypto to buy now before the upcoming bullish reversal and bull market. 

Bitcoin (BTC)

Bitcoin continues to be backed by experts as one of the top crypto investments on the market, despite its high valuation. 

Legendary Wall Street investor and Fundstrat CEO Tom Lee claims that BTC will see a “monster rally” in the next 40 days. 

Lee has been a modern-day Nostradamus when it comes to predicting BTC’s trajectory. He famously recommended a 2% allocation in Bitcoin back in 2019, a remarkably accurate call despite much ridicule at the time. 

CryptoQuant data also suggests that the recent crypto crash is a result of short-term capitulation, while long-term investors and “permanent” holders are aggressively stepping in. 

Investors should align themselves with smart money, rather than panic sellers. If J.P. Morgan’s $170k Bitcoin target plays out, today’s levels offer buyers a clear opportunity to potentially double their money from here.

Ethereum (ETH)

The world’s largest asset management firm, BlackRock, continues to view Ethereum as one of the best crypto to buy now. 

Only this explains why BlackRock is preparing a second Ethereum ETF, this time with the added benefit of staking. The multitrillion-dollar firm has already filed to register the iShares Staked Ethereum Trust in Delaware.

Notably, BlackRock’s ETHA ETF has been a remarkable success. Despite significant outflows over the past few weeks, it still has over $10.6 billion in assets under management. 

Ethereum treasury firms continue to increase their ETH holdings as well, with Tom Lee’s BitMine now up to $7.41 billion AUM. 

Lee remains highly bullish on Ethereum, indicating that a new all-time high will still happen this year. 

XRP (XRP)

XRP is another large-cap altcoin with strong institutional demand.

Canary Funds’ spot XRP ETF has been an early success. Now, Bitwise’s entry into the market is adding further momentum to the growing XRP ETF ecosystem.

The XRP price is back to the $2 support level, which is an excellent entry point for sidelined investors. 

Moreover, it has also formed a bullish divergence in the daily timeframe, indicated by a lower low in the price with a higher low in the RSI. 

Despite the recent bearishness, experts continue to believe that XRP will hit a new all-time high, with $5 emerging as a potential price target. 

Zcash ($ZEC)

Zcash (ZEC) continue to defy the broader market bearishness. 

After its initial 10x surge, ZEC briefly cooled off before reigniting its uptrend. Since bottoming on November 12, Zcash has rallied another 60%, decisively outperforming the broader market. 

Over the same period, Bitcoin has slipped 18%, underscoring just how dominant ZEC’s momentum has become.

Even prominent analysts like Nebraskangooner, who were previously unsure about Zcash’s long-term prospects, are now bullish. 

There is also mounting evidence that the surge in demand for privacy coins is not a passing trend. Reports indicate that the Trump administration may allow the IRS expanded access to investors’ foreign accounts, a development that has raised concerns among high-net-worth individuals. 

Analysts argue this could be driving a rotation into privacy assets, with some whales appearing to sell Bitcoin in favour of Zcash.

Bitcoin Hyper (HYPER)

Bitcoin Hyper (HYPER) completes our list of the best crypto to buy now. 

The new Bitcoin layer-2 coin has been going viral throughout the duration of its presale, gaining significant traction among crypto influencers and popular news outlets. It has particularly caught the attention of whales. 

HYPER has witnessed a string of six-figure whale buys during its presale, while high-figure buys are daily occurrences. Just last week, a whale wallet swapped 155 ETH for HYPER, investing $500k into the crypto. 

Thanks to the strong whale demand, Bitcoin Hyper has already surged past $28 million in early presale investments. 

In the next bull run, utility altcoins are expected to be in high demand. Layer-2 coins like Starknet and zkSync are already showing significant bullish strength, and experts believe that HYPER could soon join the list. 

Layer-2 coins also tend to skyrocket to multibillion-dollar valuations. For instance, J.P. Morgan analysts believe that Bitcoin could see a 2x rally to $170,000, which would pave the way for BTC-themed altcoins to see outsized growth. 

Several top traders and crypto influencers are among HYPER’s early buyers, with many calling it the next 100x crypto. 

Check out more high upside investments in our best crypto to buy now list.