January has been a good month for the crypto market Bitcoin And Ethereum is seeing substantial gains, while many altcoins continue to rally sharply from 2022 lows. Bitcoin recently hit a January peak of $23,501, followed by a slight rebound from its current price of $23,180 as of writing.
This represents an increase of 0.53% on the day and over 9.55% over the previous week. Ethereum has also seen gains, currently trading at $1,614, up 3.5% on the day and 6.5% on the week.
The industry’s two largest cryptocurrencies by market capitalization have also seen a cumulative trading volume of over $56 billion over the past 24 hours, surpassing the $53 billion posted by stablecoin Tether. Many in the market are wondering whether this is the start of a bigger bull run or another correction is on the way.
overall crypto market Capitalization currently remains stable above $1 trillion after regaining the level on 20 January. However, it is still far from its peak in November 2021 when it will reach over $3 trillion.
Traders and investors are advised to implement risk management strategies to preserve capital and moderate their expectations as the cryptocurrency market is not completely out of danger.
Five cryptos that look attractive amid this current market condition are MEMEG, APT, FGHT, MINA and CCHG, which are all potential buys right now based on fundamental and/or technical indicators.
Meta Masters Guild (MEMAG) Is One Of The Best Crypto To Buy Today
The Meta Masters Guild (MMG) is bringing some interesting ideas to the web3 gaming space with their upcoming “Web3 Gaming Guild”, which is focused on creating a trans-game economy centered around a community-centric strategy. metaverse world Which bundles together various mobile games in different genres.
By combining blockchain technology and a decentralized community, MMG is taking gaming one step further. They are determined to create an engaging environment that encourages both entertainment and connection, while solving modern problems facing gamers.
In addition to its roster of high-caliber games, the project will also integrate nft and crypto rewards. MMG is being created to recognize players for their commitment and dedication to the game which will be available soon, giving them the MEMAG cryptocurrency as well as control over many aspects within the game. Through an open-ended economy system, players can swap digital inventory and currency with Gem rewards that can be converted to real money or NFT items inside the games.
To kick start the web3 gaming community, they have developed Meta Kart Racers – a thrilling racing game with two modes: player versus player and single-player – that everyone can access on their mobile device.
MMG has more Web3 games already in development that are set to be launched in the Meta Masters Guild ecosystem.
Cryptocurrency traders have been flocking to participate in MMG’s MEMAG token pre-sale launch, which resulted in a massive $1.45 million raised in just a few weeks.
Visit the Meta Masters Guild now
Aptos (APT)
Aptos is currently experiencing a strong bullish trendline, taking its price to an all-time high of $20.40 in today’s trading session. Both the 20-day and 50-day exponential moving averages (EMA) are trading below the current prices, indicating a bullish trend in the short and medium term.
The RSI is also indicating a strong bullish trend with a reading of 89.61, as is the MACD indicator, with the MACD histogram for the previous day trading higher than the current day’s.
APT is currently supported by the Fibonacci extension level of FIB 1.272 at $17.74, and if it successfully breaks the psychological barrier of $20, its next potential target will be FIB 1.618 at $21.73.
There are several reasons why Aptos is currently experiencing an upward trend. First, the company hosted its first AptosMoveMonday of 2023 on January 9, roughly coinciding with the upward move in the price of $APT. Its cofounders actively answered several questions and discussed various developments that followed during the session.
Additionally, on January 20th, Binance announced the opening of two new liquidity pools for Aptos with $APT/BTC and $APT/USDT. This helped push the price and trading volume for $APT even further. In addition to these announcements, Aptos is receiving increased trading activity and its rally, creating a snowball effect as traders. FOMO in crypto,
While Aptos may still be a buy, there could be more potential upside in other cryptos such as Fight Out, as Aptos has started to experience a pullback today.
Fight Out (FGHT)
Fight Out, a soon-to-be-launched gym chain and innovative move-to-earn fitness app built on Web3 technology, plans to bring community and high-tech solutions to the fitness industry by providing users with exclusive workout programs suited to their individual needs .
Those who persevere in achieving their health goals with the app will be rewarded with REPS tokens – not only boosting motivation but also enabling them to make money while maintaining a healthy lifestyle. The M2E application is being developed by an expert team of professionals who are pre-qualified through CoinSniper’s rigorous vetting process.
Fight Out is shaking up the fitness industry with its state-of-the-art gym that will be equipped with interactive features such as “mirrors” to show user profiles and use sensors for real-time guidance on exercise – making gym-going more enjoyable. To top it all off, Fight Out has brought famous athletes such as Amanda Ribas from the UFC and former WBO middleweight champion Savannah Marshall into its ambassador program.
Fight Out is all set to become a major player in the fitness app and fitness chain industry in the years to come. Investing in Fight Out’s pre-sale program now–with up to 50% bonuses on investments over $50K–is your chance to get the project off the ground.
More than $3.48 million has already been raised, proving that the project is not lacking momentum as it nears its launch. Step into the ring and make your move before Phase 2 begins and token prices soar.
Mina Protocol (MINA)
MINA is an altcoin that has seen a significant price increase with a gain of 22.36% at yesterday’s candle close. The Mina protocol aims to be a lightweight and agile alternative for blockchain developers, with a constant size of no more than 22 kB.
The reason for the current rise in Mina prices is unclear, but appears to be part of a broader market rally and anticipation of a possible cut in interest rates by the Federal Reserve.
Currently, MINA is trading at $0.671 with a decrease of 1.90% in the day’s value. It retested the 200-day EMA earlier in today’s trading session and posted an intraday high of $0.770.
Its immediate support lies around the $0.581 to $0.603 support area, while its immediate resistance lies in the $0.773 to $0.815 area, which coincides with the 200-days EMA at $0.76. If the price successfully reclaims this level, the next possible target is the psychological resistance of $1.
With its real utility C+Charge (CCHG) is one of the best crypto to buy today
C+Charge is looking to revolutionize the EV charging market with its groundbreaking peer-to-peer payment system and rewards program that utilizes blockchain technology. The platform will reward electric vehicle owners with carbon credit crypto, while helping them access charge stations and process payment transactions faster – giving them an easier and safer way to power their cars.
For electric vehicle owners looking for a reliable and seamless way to find charge stations and monitor and verify their charging sessions, C+Charge will be a great option.
Pre-Sale On Now, This Is Your Chance To Grab The C+Charge sustainable crypto Tokens, CCHG, at an initial rate of $0.013 USDT per token, before they increased the price in three steps and reached their final cost of $0.02350.
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