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Best Altcoins to Invest in Today, March 4 – FIL, ONDO, SUI

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Highlights:

  • The best altcoins to invest in today include Filecoin, ONDO, and SUI, with promising price trends.
  • Filecoin shows potential with a breakout above $3.20, targeting $4.60.
  • SUI’s consolidation and falling wedge pattern signal a possible bullish breakout, targeting higher levels.

The crypto market is showing signs of recovery from the recent downtrend ahead of U.S. President Donald Trump’s tariff announcement, which is scheduled for tomorrow, April 2nd, and is labeled America’s Liberation Day. The initiative is designed to impose reciprocal tariffs on nations that maintain high tariffs on U.S. goods and other severe trade policies deemed unfair by America.

The global market cap and 24-hour trading volume have surged to $2.73 trillion and $77.50 billion, respectively. Moreover, the fear and greed index has remained at 24, indicating a fear sentiment in the market. Amidst the positive sentiment, here is a look at the best altcoins to invest in today, such as Filecoin, ONDO, and Sui.

Best Altcoins to Invest in Today

1. Filecoin (FIL)

Filecoin has shown a remarkable rally today, surging by 5% and pushing the price to $2.90 on the weekly chart. The altcoin is reversing the descending channel pattern that led to weekly and monthly declines of 7% and 10%, respectively. Its market cap and trading volume are $1.88 billion and $138 million, respectively.

Source: CoinMarketCap

The Filecoin price is now in a parallel channel on the weekly chart and is currently testing an important support level on the boundary, as defined by crypto analyst Rose on X. This critical level has raised an indicator of a price trend reversal. A bounce from the current levels could lead to a breakout beyond the $3.20 resistance to lead to an upward move.

In case of a breakout, FIL should target $4.60, $6.30, $7.90 and $11.00. This price action has positioned Filecoin as one of the best altcoins to invest in for those anticipating a positive reversal in the market.

2. ONDO

ONDO price has bounced off from the $0.75 support after a bullish movement. The altcoin has been trading on a downtrend recently, declining by 12% and 20% on the weekly and monthly charts, respectively. At press time, ONDO is trading at $0.813 with a market cap of $2.54 billion.

Source: CoinMarketCap

The chances of a rebound in ONDO are fairly visible since the TD Sequential indicator indicates a variety of buy signals on the 12-hour chart. In the analyst’s view of Ali Martinez, this drop may be an indication of a bounce back in the coming sessions.

Investors seeking the best altcoins to invest in, the technical analysis suggests ONDO might give a positive move on the price. The current signals suggest that a change of trend might be imminent, thus making the ONDO price to be observed.

3. SUI

SUI is consolidating around $2.20 after facing a stiff rejection at the $2.80 region. At press time, SUI is trading at $2.40, with a gain of 6.67% in the past 24 hours. Despite the bullish outlook, the altcoin is down 16% over the past 30 days. Its market cap and trading volume have surged to $7.55 billion and $990 million, respectively.

Source: CoinMarketCap

SUI has good price action with a possibility of a breakout with the entry range of $1.80 to $2.00. If the price sustains this trend, it could lead to a positive trend in the prices in the market. This technical signal shows the formation of a falling wedge close to an important support level. This pattern seems to imply that SUI is in the accumulation stage.

Possible targets for this move are $3.92, $4.65, and $5.60. Investors should watch for a breakout above the descending resistance because a strong rally toward these resistance levels is expected. SUI could be one of the best altcoins to invest in for those seeking short-term gains.

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