Today, January 6, US jobless applications fell to their lowest amount in more than three months, demonstrating an incredibly strong job market despite the Federal Reserve’s efforts to ease high inflation by moderating economic activity.
The Labor Department revealed that applications for unemployment aid fell by 19,000 to 204,000 in the last week of December. In addition, payroll processing company ADP reported that the US gained 235,000 jobs, surpassing forecasts.
The latest jobs data for December led to a rally in US stock futures today as the economy added more jobs than anticipated. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all saw gains in futures, with the S&P 500 and Dow up more than 1.6% and the Nasdaq up 1.7%.
Meanwhile, it’s been a slow day for the cryptocurrency market bitcoin and ethereum At the time of writing the price was $16,775 and $1,250, down 0.52% and 0.05% respectively for the day.
As unpredictable macroeconomic factors continue to drive the markets, investors should diversify their portfolios to avoid sudden changes in market sentiment such as labor market data releases. The following are five of the best cryptos to buy today, January 6th, to diversify your crypto portfolio based on their strong fundamentals and technicals.
Fight Out (FGHT)
Fight Out is an in-development blockchain-integrated move-to-earn (M2E) app and gym chain that enables users to be active and healthy while earning rewards and building socially motivated fitness communities both locally and online. would encourage. The Fight Out app will allow users to create personalized workout plans, track their progress, and engage in challenges with other members of the community.
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 Fight Out.
By introducing a real-time avatar feature, Fight Out offers an interesting spin on M2E. Users can track their progress in strength, cardiovascular endurance and other categories, represented through their digital avatar within Fight Out metaverse, As users reach their fitness goals, these avatars will level up and can then be used to battle other players to earn rewards.
Fight Out will open the world’s first Web3-integrated gym, with the first set to launch by the end of the year. These gyms will provide facilities such as workout stations, health bars, studios and co-working spaces for community members to use. With Web3 integrated features like ‘Mirror’, Fight Out’s gyms will enable users to bring their digital fitness profiles into the real world. Members will be able to monitor and track their workouts, providing insight into their fitness progress. Seasoned boxers and other renowned athletes have teamed up with Fight Out for special events at gym locations as well as masterclass workout sessions.
as noted in project white paperFight Out Token powers the platform by rewarding its users for performing tasks such as completing exercises, growing the community, or contributing content. The tokens can then be used to purchase products, access premium content, or be exchanged for other cryptocurrencies or fiat.
The Fight Out app will give users access to a wide range of personalized workout plans created by experienced fitness professionals to suit their specific goals, abilities and needs. The app also includes tools such as performance analysis and progress tracking to help keep users motivated as they work towards their fitness objectives. The app will provide opportunities for content creation for community members so that everyone can share their stories with others.
By providing a fun and rewarding way for users to stay active and healthy, Fight Out strives to drive wider adoption of Web3 technologies and create a more active and healthy world.
Fight Out is currently conducting its presale for its FGHT tokens, with investors already contributing approximately $2.66 million.
The project is supported by LBank Labs, Cryptonews.com, Transak and BlockMedia Labs who are providing financial and operational support. With presale bonuses and ground floor pricing of up to 50% in its first presale phase, FGHT is an excellent crypto to buy today before the presale price increases in its second phase.
Monero (XMR)
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XMR has been on a healthy trend over the past few weeks, in which the cryptocurrency has gained 8.19% since December. Examining its weekly time-frame chart, it shows that the RSI is finally making a move to break above the crucial RSI 50 level. The last time it was around this level was back in May 2022.
If it successfully closes above by the end of the week, more bullish action is likely for the cryptocurrency, at least in the short term. Taking a closer look at the daily time frame also shows that the EMAs for XMR are currently in a bullish alignment, with XMR price trading above the 20-day, 50-day and 100-day EMAs. Is.
At the time of writing, the price of XMR is trading at $153.8. Its next target price is the previous resistance of $160 where the price was rejected back in November, with $150 being its immediate support.
Dash 2 Trade (D2T)
dash 2 businessThe upcoming release in early 2023 is supposed to be a game-changer for crypto trading. From its wide range of features that allow traders to have complete overview and supervision over their investments, to its invaluable resources that guide users in making wise decisions to maximize returns on investment, Dash 2 is one of the best trading tools Stands out from the competition with a comprehensive suite. ,
Dash 2 Trade’s platform not only empowers novice traders to make informed decisions, but also provides more experienced investors with the opportunity to hone their strategies and capitalize on automated trading with exchange APIs. Additionally, all users can be assured of early investment in some of the most promising tokens thanks to its token presale scoring system.
The platform will have an impressive following from the start due to the parent company’s existing Learn2Trade international membership base – which includes over 70 000 traders. To ensure that Dash 2Trade continues to provide the utmost user-friendly experience; They seek feedback from customers on an ongoing basis.
The Dash 2 Trade pre-sale has already sold out, but due to high demand and the opportunity to raise more funds for additional exchange listings and accelerated product rollout, they are offering an additional $2 million worth of tokens until the exchange listing is launched. Huh. Thanks to this pre-sale success, Dash 2 Trade will have a healthy runway for its platform, which has raised nearly $14 million and continues to grow. These factors together make D2T one of the best cryptos to buy today.
looping (LRC)
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LRC is off to a great start this year, with the cryptocurrency gaining over 5% for the week. LRC price is trading near the July 2021 established support as traders are anticipating a possible bounce around this area and an upside reversal.
At the time of writing LRC is trading at $0.2008 and is up 0.86% over the past 24 hours. It is trading around the previous support area that turned into resistance between $0.1982 to $0.1989. If this area holds as a support, the next immediate resistance is the 20-day EMA at $0.2037 and the $0.2090 to $0.21 resistance range.
C+ charge (CCHg)
Investors have a unique opportunity to join the fight against climate change through the public pre-sale of C+Charge. This peer-to-peer payment and charging information platform will provide carbon credits to users, making electric vehicle charging more accessible, convenient and efficient for all drivers. By investing now, you can be a part of this cutting edge solution that is working towards reducing the effects of global warming before it is too late.
By leveraging blockchain technology and EV charger network know-how, C+Charge Network is helping to bridge the gap between autonomous charge points and electric vehicles. They are not only addressing issues such as insufficient charging points, complex pricing models, and lack of information, but they are also enabling a more efficient charging system that enables EV drivers to travel emissions-free while earning rewards. Will allow more easy access.
Investors can take advantage of C+Charge’s pre-sale and purchase tokens at discounted rates starting at $0.013 USDT per token. The price will start rising in the following three steps to its final cost of $0.02350–so now is your chance to snap them up before they get more expensive later.
Helium (HNT)
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HNT has experienced an increase in volatility in the first trading week of the year as the cryptocurrency is up 19.46% as of writing. HNT is trading at $1.804 after once again attempting to break the psychological resistance of $2 earlier today.
after getting high beam Yesterday and today, it is clear that the selling pressure for this crypto is strong around the $2 area. If HNT is to continue its upward move, the price must stay above the daily 20-day EMA and the $1.76 to $1.78 support area. Otherwise, the next immediate support lies at $1.60.
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