Disclaimer: The Industry Talk section contains insights from players in the crypto industry and is not part of Cryptonews.com’s editorial content.
Crypto prices are rising again since the January 9 crypto rally. This is already the third week that the top cryptos have performed well, and there are few indications that the rally is ending. At the same time, the market seems to calm down a bit, as does the stock market. Stock investors prepare for busy weeks with many announcements from companies, what does this mean for buying new crypto coins?
Bitcoin (BTC) bulls managed to hold the $22,600 support level and pushed the daily high to $23,161 yesterday. The Bitcoin price is currently at $22,703.10 at the time of writing and is up 0.30% over the past 24 hours.
When you want to enter the crypto market, it is wise to consider large-cap coins like Bitcoin and Ethereum. These tokens are still worth considering even though the big price gains have already been achieved. If you are looking for big returns, it is wise to consider some small cryptos with potential.
This article therefore looks at these types of projects, such as MEMAG, APT, FGHT, AXS and CCHG. These tokens are interesting based on the strong fundamental and/or technical indicators.
Meta Masters Guild (MEMAG) is one of the best gaming cryptos to buy today
Meta Masters Guild (MMG) is revolutionizing the mobile gaming industry. The platform does this by using blockchain technology and a decentralized community, MMG is a pioneer when it comes to the next generation of gaming. The company’s ambition is to create an exciting and fun ecosystem where games are enjoyed and at the same time find modern solutions for mobile games.
The MMG platform was created to reward players for the hard work of contributing to the gaming ecosystem and provide them with the MEMAG crypto. MMG, meanwhile, retains full control over all components of the game. Through the unregulated game economy, it is possible to trade goods with digital currency “Gems”. These tokens can be converted into real money or other in-game items.
MMG wants to create an open platform that prevents unfair practices while improving the overall gaming experience. For starters, the game is developing Meta Kart Racers – a game that can be played as PVP or single player on the phone. The company plans to release more blockchain crypto games.
Crypto investors jumped at the chance to invest in the MMG presale and decided to invest heavily. To date, $1.28 million has been raised from investors.
Visit the Meta Masters Guild now
Fantom (FTM) follows the upward trend of the general crypto market with a large price increase. It managed to hit a one-month high of $0.4155. The crypto appears to have found support at $0.373 and resistance at $0.4275. Long-term technical indicators show that there is a very bullish outlook for this crypto, but the short-term indicators are just the opposite and there is a chance that the trend will turn down.
FTM’s market cap has risen 8.26% to $1,147,457,027 as interest in the token grows. Unfortunately, 24-hour trading volume fell 6.05% to $377,457,158, indicating less support to sustain the uptrend.
Looking at the extended Fibonacci retracement level, there is a change in support holding the horizontal resistance level between $0.4095 and $0.4174. FTM’s price is currently $0.3985, with a FIB between -0.236 and FIB -0.382.
In the last 266 days, the FTM price has fluctuated between a low of $0.1642 and a high of $0.4343. A breakout above the upper range along with an increase in volume may indicate that the trend is about to change.
Web3 Fitness app: Fight Out (FGHT)
Fight Out is an innovative gym network and move-to-earn app powered by Web3 technology. This platform has started building a fitness community to make exercise more fun. Personalized fitness plans will be created on the platform based on the needs of each sport. Users are then rewarded in REPS tokens for doing exercise and this keeps them motivated to exercise.
Developed by a professional team verified by CoinSniper, the move-to-earn (M2E) app has a central goal of changing the fitness industry. A unique feature of this app will be the NFT avatar which will increase when you meet specific fitness goals. Users can then battle with the avatars to receive rewards.
Fight Out also wants to build gyms with advanced technology, such as mirrors that show the progression of your profile. The project has already managed to gather a large number of ambassadors. Ambassadors for this project include Amanda Ribas of the UFC, Taila Santos and Savannah Marshall former WBO champions.
The project is an attractive opportunity for investors to get early access to a promising crypto. Currently there is even a discount, every investor gets up to 50% extra tokens for investing over $50,000. FightOut has already raised more than $3.39 million during the sale of the FGHT tokens, and it looks like the presale will be a success.
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Chiliz is a crypto widely used in the sports and entertainment industry, the Chliz price statement is currently in a bullish phase with a YTD increase of 46.36%. CHZ price is currently trading above the short-term moving averages of $0.1462, the exponential moving averages (EMAs) indicate a continued uptrend for CHZ price.
The RSI is currently at 65.39 which is in the overbough zone. This means that the crypto is trading for more than “normal” and a price correction is imminent. It is important to keep in mind that the RSI is not always a perfect indicator and should be used in conjunction with other indicators.
The MACD indicator, which measures the difference between the short-term and long-term moving averages, shows bullish momentum. The previous daily MACD histogram is at 0.0020 and the current daily MACD histogram is at 0.0022. This shows that the crypto’s momentum is increasing, which is a good sign for the bulls.
The volume is currently at 242.936M and the volume moving average is at 192.513M. This produces significant increases in trading volume, confirming that there is an uptrend for the crypto. Yesterday, the day closed at $0.1405, up 4.46% in one day, and currently the token is trading at $0.1466, up 4.52% in the last 24 hours.
Resistance for CHZ price is between $0.1474 and $0.1494 in line with the 100-day EMA, while a potential support level is between $0.1318 and $0.1351 in line with the 50-day EMA.
C+Charge (CCHG) actually brings utility to Blockchain and is one of the best cryptos to buy
C+Charge is on its way to changing the EV (electric vehicle) market. The platform introduces a highly advanced peer-to-peer payment system and rewards app that uses blockchain technology to make EV charging easier, more transparent and cheaper.
The platform uses streamlined transactions for EV owners and rewards them in the form of CCHG tokens when users use the app.
C+Charge will not only ensure that the app is secure and that there are transparent prices for charging the electric car, but it will also use smart contracts to guarantee that payments are made accurately and quickly. EV owners can charge the car very easily with the application. Therefore, C+Charge has the opportunity to revolutionize the electricity industry.
Now is the perfect time to jump in and buy C+Charge tokens at a very low $0.013 USDT per share. token. Later in the pre-sale, the price will rise in each stage, a total of three stages will follow, and the price will eventually reach $0.02350.
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The best crypto coins to buy described are some of the best on the market. The fundamental and/or technical indications indicate that there is enormous room for growth. It is always important to do your own research on tokens to determine if the risk these tokens carry fits your investment strategy.