🚨 Altcoin Survival Guide: Hold These 3 Coins If US Economy Tanks 🚨

Hey, y’all! So, you’re wondering if you should hold onto Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) if the US economy decides to take a nosedive, huh? Well, let me break it down for you, because who doesn’t love a good financial crisis, am I right? πŸ’Έ

Will These 3 Altcoins Survive a US Recession?

First off, let’s talk about why we’re even having this conversation. It’s all thanks to Donald Trump’s tariffs, which have made the odds of a recession in the US and other countries skyrocket. PIMCO analysts have boosted their recession odds to 35%, and the Atlanta FedNow tool estimates that the economy will contract in Q1. Yikes! 😱

But don’t worry, because as Jim Cramer said, “We’re most likely not going to go into a serious recession, because the Fed can take action to prevent that.” And even if the Fed does nothing, the market can recover once all of this tariff stuff is behind us β€” and it will be behind us at some point.” So, let’s dive into these three altcoins and see if they’re worth holding onto during a recession.

Ethereum (ETH)

Ethereum price has been in a strong selling spree in the past three months, moving from $4,000 to $1,800 today. So, if you’re an Ethereum holder, you might be feeling a bit like a yo-yo, wondering whether you should continue holding or sell to avoid more losses. 🎈

Technicals suggest that ETH price may have some more downside to go since the Relative Strength Index (RSI) is yet to get into the oversold level on the weekly chart. It needs to become more oversold for a rebound to happen. Also, Ethereum price has formed a triple-top pattern, pointing to further downside, meaning that it may drop to $1,500. πŸ“‰

But don’t despair, because a rebound may soon happen once it gets to the oversold level and once the blood moon lunar eclipse happens this week. In most periods, panic selling often leads to strong rebounds. πŸŒ•

Solana (SOL)

Solana price has also crashed, partly because of the ongoing slump in the top SOL meme coins. It has crashed below the lower side of the ascending channel, meaning that bears are in control. SOL price has also dropped below the 50-week moving average. Like Ethereum, the RSI has just crossed 50, and is yet to move to the oversold level, pointing to further declines. 🐻

Therefore, the token may drop to $100 as the recession odds rise and the tariff fear remain. As it has done in the past, the coin will likely bounce back, and potentially retest the year-to-date high of near $300. πŸ“ˆ

Binance Coin (BNB)

BNB price has held steady during the recent crypto crash. It has dropped just from the year-to-date high of $792 to about $600 today. The coin continues to form the handle section of the cup and handle pattern that has been forming since 2021. Measuring the cup’s depth and extrapolating it from the upper side, points to a surge to $1,100 eventually. πŸ“ˆ

Should You Hold These Altcoins During a Recession?

Historical data, especially during the Covid-19 pandemic shows that cryptocurrencies do well during a recession. As such, if you hold these tokens and have taken huge losses, odds are that you will do better holding them than selling now. πŸ“ˆ

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2025-03-14 02:45