This article introduces three cryptocurrencies that are currently worth buying and may have a good rise in the future.

Chainlink is one of the altcoins to watch this month. Although the performance of the link was not that impressive at the end of last month, the trend is now very different.

As the new month begins, LINK is reviewing its price action. Likewise, the DeFi space is following the same trend. For more than 14 days now, LINK has been trending downwards. As a result, its price has dropped by almost 7% during this period.

Prior to the drop, the asset’s price had risen by around 15% between July 20 and 21, making it one of the biggest gainers in that period.

Fortunately, this trend is about to change. Investors should pay close attention; the probability of a recovery soon is relatively high. The signals from its price moments confirm this.

A good example of this is the price consolidation trend on the past 24-hour chart. Moreover, its relative strength index suggests that the coin is approaching its oversold range.

Therefore, a period of reversal could occur any time from now. Before the new week begins, LINK might test the $7.2 resistance level and by the end of next week, it might move back to the $8.0 resistance level.

Part of the trend that is aiding the token’s performance is the recovery in the DeFi space. LINK, along with other platforms in the crypto oracle category, plays an important role in DeFi. As the industry recovers, so too will the price of assets like LINK.

While LINK may be one of the best cryptocurrencies to buy right now, it is necessary to remember that LINK is notorious for its high volatility and may only maintain its position for a short time.

2. THE GHOST

Aave’s price may have taken some devastating hits from the DeFi downturn, but it’s not completely out of it yet. Judging by the current price trend, hope is slowly returning. Today, the token showed signs of recovery.

Its trading volume has started to increase. While this may not be related to price action, it could be a sign that the market is regaining confidence in the asset.

Moreover, the coin is currently in the oversold range with its price dropping from $74 to $62. But since early yesterday morning, the coin has started testing the $66 resistance level.

AAVE may find the bounce it needs to break out of this area. Judging by the two attempts in the past 48 hours, it seems likely. Since GHO coin is still in play, it may be able to break out.

Therefore, it is best to take a closer look at these assets. Due to its recent trends, Aave might be one of the best cryptocurrencies to buy right now.

However, AAVE is not without its drawbacks. The asset is highly volatile. According to Coincodex, its volatility rating is over 5.7%. Moreover, its current price is well below its 200-day moving average. Therefore, it might only be able to hold gains for a short time.

3.TON

The price of TON is rising. This rise could bring the price back to the $2 area. As of today, TON is trading close to the $1.2 resistance level. A breakout of these areas would mean that the price of the asset could rise to the $1.4 price range.

Investors should watch TON’s price action as closely as possible. It has the ability to deliver higher gains in Q3. We may see the TON effect as we head into the second month of Q3.

However, more realistically, TON also has some disadvantages that need to be noted. First, its liquidity is rated at a middling level, which means that investors may not be significantly attracted to the token.

Furthermore, its current price is well below its long-term moving average. This way, long-term holders may be forced to sell, thereby lowering the price.

Beyond these trends, TON could perform even better if it can attract enough investors to overcome immediate headwinds.

4. CRV

Due to recent events, some traders decided to short the CRV token, but the token has shown strong resilience. CRV tops the list of cryptocurrency gainers on multiple platforms, including CoinMarketCap.

The recent move by hackers to return stolen funds from the network has further boosted investor confidence in the asset. The resulting effect has been a boost in trading volume and price. Trading volume is up 43% and price is up 9%.

The CRV chart is still tilted towards the oversold territory, which means that its price still has room to rise. However, the lagging of the short-term moving averages behind the long-term moving averages may threaten its future upward prospects.

Nonetheless, the rise in the asset’s price and the move to return stolen funds from the Curve financial network will impact the asset’s price in the coming days. In this way, a complete reversal is possible before the end of the third quarter.

Is CRV the best coin to buy right now? It might be too early to give a positive answer to this question. But CRV shows potential in the short term. So, it can be safely added to the watch list to see how the current developments pan out.

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