Good crypto to buy for short term

Note on the request

No filter (or analyst) can guarantee a “good cryptocurrency to buy” or profit in the short term. What these filters do is narrow the universe to coins that statistically have better characteristics for short-term trading: liquidity, size, and favorable (but not extreme) price momentum.

Screening Filters

1. Market Cap ≥ $1,000,000,000

   • Purpose: Focus on larger, more established cryptocurrencies.
   • Rationale:
     • Large-cap coins tend to have tighter spreads, more stable order books, and less manipulation than tiny altcoins.
     • For short-term trading, this reduces execution risk (slippage, flash crashes) and makes technical levels more meaningful.
     • It filters out very small or “micro-cap” tokens that are highly speculative and can move irrationally.

2. 24h Turnover (Trading Volume) ≥ $30,000,000

   • Purpose: Ensure high liquidity for fast entry/exit.
   • Rationale:
     • Short-term trading relies on the ability to buy and sell quickly without moving the market price too much.
     • A minimum of $30M in 24h turnover indicates active trading, decent order book depth, and smaller bid–ask spreads.
     • This helps you get closer to your intended entry/exit prices and reduces slippage and “stuck in a position” risk.

3. PriceAboveMA20 (Price above 20-day Moving Average)

   • Purpose: Select coins in a short-term uptrend or with positive momentum.
   • Rationale:
     • The 20-day moving average is a common short-term trend indicator.
     • Price above the MA20 suggests the coin is currently in an uptrend or has recently shifted from weakness to strength.
     • For short-term trades, trading with the prevailing trend (rather than against it) generally offers better probabilities.

4. 24h Price Change % between -3% and +25%

   • Purpose: Target coins that are moving, but not in an extreme or unstable way.
   • Rationale:
     • A minimum of -3% avoids coins that are collapsing sharply in the last 24 hours, which may signal news risk or breakdowns.
     • A maximum of +25% avoids coins that have already spiked too hard in a single day, where risk of a near-term pullback is high.
     • This band looks for “active but not parabolic” moves, often more tradable and less likely to be purely hype-driven.

5. 1-week Price Change % between -5% and +60%

   • Purpose: Capture short-term momentum over a slightly longer window without picking extremes.
   • Rationale:
     • The weekly filter complements the 24h move: you want coins showing some strength over the last week, but not vertical blow-offs.
     • A minimum of -5% allows mild dips or consolidations (potential buy-the-dip setups) but filters out sustained weekly downtrends.
     • A maximum of +60% avoids coins that have already surged too far, where volatility and reversal risk can be excessive for new entries.

Why These Results Match Your Short-Term Trading Goal

• The liquidity filters (market cap and 24h turnover) focus on coins that are practical to trade intraday or over a few days, with better fills and lower slippage.
• The trend/momentum filter (PriceAboveMA20) tilts the list toward coins that are currently in short-term uptrends, aligning with typical trading strategies that follow strength.
• The 24h and 1-week return bands avoid both collapsing names and overextended, euphoric spikes, steering you toward cryptocurrencies with active but more controlled price action—often better for short-term setups.

Together, these filters build a list of relatively liquid, established cryptocurrencies showing constructive short-term momentum, which aligns well with your objective of finding candidates for short-term trading rather than long-term investing or pure speculation in illiquid coins.