Stock index futures are trading down more than 1% on Thursday as investor optimism is being kept in check by the prospect that the Federal Reserve will hold interest rates higher as we move deeper into the new year. The fear caused the S&P 500 to fall 20% from the previous year’s record high.
Gita Gopinath of the International Monetary Fund agrees with the Federal Reserve’s approach to inflation, as reflected in the minutes of their December meeting, saying the Fed was right to “stay the course” as US inflation is now at its lowest level. has not stabilized yet.
Investors will look to job reports over the next two days, including the ADP private sector employment survey and the December non-farm payrolls report, for clues about the state of the economy. Technical analysts are also wary of recent market movements, as the December “Santa Claus rally” may not show up for financial markets until late 2022.
As an investor, it is important to regularly review and evaluate your portfolio to ensure that it is properly diversified. This becomes especially important when there are significant events that could move the markets, such as interest rate hikes and jobs data. While it is natural to focus on assets that perform well in the short term, it is important to consider the long-term health of your portfolio as well. the following five cryptocurrency Here are the best cryptos to buy today based on their strong fundamentals and technicals.
Fight Out (FGHT)
Fight Out, an upcoming move-by-earnings platform and gym chain is changing the world of fitness apps with its innovative smart technology. The app will offer personalized workouts tailored to each user’s needs as well as ongoing feedback on performance tracking. It will reward users with REPS tokens for meeting set goals while motivating them through a fitness community and advanced progress tracking system – expanding users’ fitness journeys into holistic health experiences.
To add another element to the mix, the company also plans to open physical gyms in various locations around the world, with Web3 integrated features such as ‘Mirror’, which brings users’ digital fitness profiles into the real world and allows them Allows you to track your workouts and fitness. Progress. In addition, renowned boxers and athletes have partnered with Fight Out for special events along with masterclass workouts at these gym locations.
Fight Out could also change the fitness tracking landscape through its innovative use of real-time avatars. Users can track their progress in strength, cardiovascular endurance and other categories – all represented through their digital counterpart in the Fight Out metaverse. Additionally, the app provides social competition by enabling players to cooperate together towards common goals; When achieved – their characters line up for potential battles with other characters for a chance to win the prize.
Fight Out will launch its inaugural gym in the fourth quarter of 2023, and it promises to be quite an immersive experience with the use of state-of-the-art equipment and smart technology. Gyms will be geared towards those who want more than just a workout – patrons will be able to rent studios, grab nutritious snacks from the onsite bar, or take advantage of co-working spaces.
With these interesting features, it’s no wonder that investors have been captivated by Fight Out, with the project having already raised almost $2.66 million – which will attract even more attention through the first half of 2023. is likely to do.
The project is supported by top partners such as LBank Labs, Cryptonews.com, Transak and BlockMedia Labs who are providing financial and operational support. Coupled with the cutting edge features of Fight Out, which seeks to transform fitness monitoring, along with amazing presale bonuses of up to 50% off, this project looks like it’s the one Great Crypto To Buy Today before the pre-sale price hike in its second phase.
Ethereum Classic (ETC)
Ethereum Classic saw a significant increase in its price yesterday, closing at $19.20 with a gain of 20.83%. In the rally, ETC has set its sights on the psychological resistance level of $20. However, as of writing, the price has dropped to $18.55, down 3.39% for the day. It looks like the cryptocurrency may have pulled back a bit after yesterday’s impressive move.
This level could now act as a support for ETC after it broke the $17.75 resistance area to $18 and effectively invalidated the descending triangle for the past two weeks.
If ETC price can break out from the current levels, the next possible target is the range between the $20 and $20.70 psychological resistance, which could result in an upside move of 8% to 12%.
Dash 2 Trade (D2T)
The impending launch of Dash 2 Trade in early 2023 is widely seen as a significant development for the crypto trading sector. It sets itself apart from its competitors with a whole range of highly useful features that give traders maximum visibility for their investments. Dash 2 Trade presents users with invaluable informational and community resources for reviewing projects so that they can make better choices and extract the optimal return on their investment.
Dash 2 Trade’s platform not only helps novice traders make informed decisions, but it also provides experienced investors with the opportunity to refine their strategy and take full advantage of automated trading with the Exchange API. Plus, its token presale scoring system ensures users have early access to some of the most promising tokens.
The platform also brings together an already established loyal community of traders due to their association with Learn2Trade’s international membership of over 70,000 traders. In addition, Dash 2 Trade will actively collect customer feedback, which upon release guarantees users a better and continuously improved user experience.
Although the D2T pre-sale is currently over, the team has decided to expand the pre-sale to exchange listing in the coming days. During the additional over-funding round, 36 million more tokens will be available for purchase at a cost of $0.0556 each, with the aim of raising an additional $2,001,600 for additional exchange listings and accelerated product launches.
The team has also exceeded its goals and launched its pre-sale trading dashboard earlier than expected. Presley has raised $13.7 million to date, giving it plenty of runway to launch the project and improve the platform, making it one of the best cryptos to buy today.
Lido DAO (LDO)
Lido DAO continues its rise after breaking above the $1.23 to $1.27 resistance and the daily 100-day resistance exponential moving average After it rallied 14.71% yesterday.
Things are looking good for the cryptocurrency, with its price now trading above the 20, 50, and 100-day short-, medium-, and long-term EMAs.
The price of Lido DAO is now $1.34, down 2.83% for the day. The price is now trying to establish support at higher levels, while the EMAs are starting to align themselves as bullish.
The previous resistance range of $1.23 to $1.27 could be retested as the daily RSI level for the LDO is currently oversold. The next possible target is the previous resistance level of $1.45 and the psychological resistance of $1.50.
C+ charge (CCHg)
By participating in the C+Charge public pre-sale, investors have the opportunity to play an active role in combating climate change. This peer-to-peer payment and EV charger information system gives users access to carbon credits while making electric vehicle charging more efficient, transparent and user-friendly for drivers.
Faced with serious issues such as insufficient charging points, confusing pricing structures and lack of information in the electric vehicle industry, C+Charge Network is leveraging blockchain technology to connect EV chargers to autonomous charge points. Thanks to their efforts in bridging this critical gap between EVs and charge stations, drivers can now enjoy emissions-free travel without worrying about the hurdles that have hindered progress in the past.
Don’t miss your chance to get C+Charge tokens at a discounted rate before the prices go up. Starting at $0.013 USDT per coin, their price will increase in three consecutive pre-sale phases until it eventually reaches $0.02350.
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