Bitcoin price has fallen 1.8% to $23,171 over the past 24 hours as the cryptocurrency market awaits Wednesday’s Federal Reserve interest rate decision – expected to be the catalyst for the next big market move. With this background, what are some of the best cryptos to buy today?
while most analysts expect 25 basis points increaseInvestors will be paying particular attention to any signs of accommodation from the Fed such as halting hikes this March or discussing a rate cut later in 2023.
Analysts Bullish for Bitcoin A negative outcome from the Fed meeting could result in a major correction to consolidate in order to reach the FOMC’s decision. other cryptocurrencies, with etherSmaller cryptos like Cardano and Polygon are down today as well, showing more weakness.
in the middle of a turbulent market, investors are actively looking for potential purchases at bargain rates. Five cryptos that could be good cryptos to buy today based on technical and/or fundamental indicators are MEMAG, MINA, FGHT, MANA and CCHG.
Meta Masters Guild (MEMAG) Sets Up For Web3 Gaming Innovation
The Meta Masters Guild (MMG) is looking to bring a new community focused guild to the web3 gaming landscape with their innovative “Web3 Gaming Guild”. Guild aims to bring gamers together through a decentralized community Immersive Metaverse World, With the use of blockchain technology and a variety of mobile games across multiple genres, MMG hopes to create an engaging platform that not only provides entertainment but also provides connection between players while solving modern problems faced in gaming.
MMG will also provide a multi-genre library of interconnected games non-fungible token (NFT) And cryptocurrency rewards for players. By providing the MEMAG currency as well as the ability to control many features in the game, MMG is recognizing the player’s dedication and hard work. The open economy system allows gamers to convert digital inventory into gems that can be exchanged for real money or NFTs that will be available on the platform within various gaming titles.
To launch the Web3 gaming platform, the team is creating Meta Kart Racers – a racing game with two play modes: player versus player and single-player, which everyone can access on their mobile devices.
MMG has several more Web3 games in the works to be released in its Meta Masters Guild ecosystem. Crypto investors are jumping at the opportunity to participate in MMG’s MEMAG token presale launch, and an impressive $2.1 million has already been raised within a couple of weeks, with just days left for the next presale phase when prices will go up.
Visit the Meta Masters Guild now
Mina Protocol (MINA)
MINA continues its incredible performance since yesterday’s close with MINA price increasing by 20.19%. At one point today, it was up another 22%, recording its intra-day high of $0.948. But as of writing, the cryptocurrency is up only 7.88%, trading at $0.835 as the broader cryptocurrency market faces a downside correction in today’s trading session.
The price is currently trading above the $0.773 to $0.815 resistance range, where the price was rejected back to November 2022. A successful close above this area means that this area can now potentially act as support for the cryptocurrency. The immediate resistance is the 6-month high at $0.991, recorded back in August 2022.
The recent price rise of Meena can be attributed to Launch of OpenMina node browser concept, which promises to increase the decentralization and security of the network by making node operations more accessible. This aligns with Mina’s goal of using cryptographic proofs to create more efficient and accessible blockchain architectures.
Fight Out (FGHT) likely to reach ambitious launch goals
Fight Out is looking to put a new spin on the money-making apps and fitness industry in general with its upcoming gym chain and web3-based app. The project focuses on creating personalized workout programs tailored to users’ individual needs, as well as creating a unique sense of community.
Those who stay the course and commit to their health goals with the M2E app and contribute to the community will be rewarded with REPS tokens, which not only act as a source of motivation but also encourage users to Also encourage you to participate. The development of this application is being managed by an experienced team that has been vetted through CoinSniper’s rigorous vetting process.
Fight Out’s upcoming gym will be rigged with interactive features like personalized mirrors and sensors for exercise guidance and insight — users making the gym experience more enjoyable and engaging with NFT-tied “digital avatars” who track their level Will progress fitness goals.
Investors can get an early start on the next big thing in fitness apps by investing in Fight Out’s pre-sale event. Up to 50% off is currently available for those who invest over $50000.
It has already raised over $3.6 million, proving that the project has some major momentum as it approaches its launch and is one of the best cryptos to buy today.
Decentraland (MANA)
MANA is one of those cryptocurrencies that entered 2023 with a big bang. After an early rally of 139%, the cryptocurrency has been trading sideways for the past two weeks. Yesterday, MANA finally broke above its consolidation range as well as the immediate resistance range of $0.7507 to $0.7887 with a gain of 16.43%.
The 20-day EMA is above the 50-day and 100-day EMAs, indicating a possible continuation of the uptrend. However, the RSI of 67.11 suggests that the asset is overbought, indicating a potential downside bias. Furthermore, the histogram of the MACD is showing a downtrend compared to the previous day, indicating that momentum could be slowing down for Decentraland’s native coin.
Volume has decreased from the previous day, and the volume moving averages are also lower, indicating a decrease in interest. The price movement was up 16.43% on the previous day, but the current price is down 6.90%, taking the price below its previous resistance of $0.7507.
Immediate resistance lies at $1 and then $1.0840 to $1.1312, with potential for an additional 37% move. An immediate potential support lies at $0.7507, followed by the $0.65 level. MANA could be a buy if crypto markets start to return to positive territory again, so traders are advised to keep an eye out and exercise risk management precautions if they choose to take a position.
C+Charge (CCHG) Leads The Charge As One Of The Best Cryptos To Buy Today
C+Charge is harnessing the power of blockchain to make the EV charging industry more efficient and transparent with its upcoming groundbreaking peer-to-peer payment system and rewards program. Electric vehicle owners will be able to access charge stations more quickly and safely, process payments more easily, and even receive carbon credit crypto as a reward for using C+Charge’s platform. will do.
Electric car owners looking for a reliable and convenient way to locate charging stations as well as record and track their charge sessions will benefit tremendously from C+Charge, making C+Charge one of the reasons to buy today. One of the best crypto.
Now is a good time to acquire C+Charge eco friendly crypto tokenPhase 1 of the pre-sale of CCHG, tokens for $0.013 USDT sees a three-part increase before their pricing ends in a final cost of $0.02350.
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