The crypto market is getting pumped right now, with largecap cryptos like btc and eth recovering from recent lows to gain momentum once again.
In this article, we will discuss top 3 best crypto to buy now for most gains in short-term.
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Bitcoin (BTC Price Target)
Current Price Analysis:
Price: $63,957
24H Change: -1.42%
Key Indicators:
RSI: 62.4 (indicating a strong buying pressure)
Moving Average (50-day): $61,800
MACD: Showing bullish divergence
Weekly Price Analysis:
Weekly High: $65,200
Weekly Low: $62,300
Overall Performance: Bitcoin saw a slight downturn towards the end of the week but managed to maintain its strong support levels around $63,000.
Img src- Altfins
Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it’s advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Ethereum (ETH Price Target)
Current Price Analysis:
Price: $3,412.28
24H Change: -1.65%
Key Indicators:
RSI: 59.1 (indicating moderate buying pressure)
Moving Average (50-day): $3,370
MACD: Slight bullish trend
Weekly Price Analysis:
Weekly High: $3,450
Weekly Low: $3,320
Overall Performance: Ethereum experienced a moderate dip but stayed above its key support level of $3,400, indicating resilience.
Img src- Altfins
Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it’s advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Binance Coin (BNB Price Target)
Current Price Analysis:
Price: $571.68
24H Change: -0.60%
Key Indicators:
RSI: 55.3 (indicating balanced market)
Moving Average (50-day): $565
MACD: Neutral trend
Weekly Price Analysis:
Weekly High: $580
Weekly Low: $560
Overall Performance: BNB showed stability with minor fluctuations, holding firm above $570 despite market volatility.
Img src- Altfins
Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it’s advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
News Roundup
WazirX Falls Victim To a $234.9 Million Cyber Attack
FTX Settles with CFTC for $12.7 Billion: What’s Next for the Defunct Crypto Exchange?
Li.Fi Protocol Loses $10M in Cyber Attack
For on-demand analysis of any cryptocurrency, join our Telegram channel.
