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.
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.
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.
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.
