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As the final crypto trading day of 2022 draws near, investors and traders across the globe are filled with anticipation for what the new year might bring. This year has presented a tough environment for investors, with the S&P 500 looking to close out its worst year since 2008 and the bond market about to suffer its worst year in modern history. Futures were lower Friday due to selling in tech stocks as Tesla (TSLA), which rose 8% in Thursday’s rally, is still down a staggering 65% this year and 35% for the month.
Meanwhile, oil has sustained much of its gains from last year when it doubled early on, and is now set to finish up 7%. The dollar is slightly weaker yet will be closing out its best year since 2015 after increased demand via Federal Reserve interest rate hikes.
The cryptocurrency market also experienced quite a year with Bitcoin and Ethereum closing the year with a loss of 65% and 67%, respectively, since registering their all-time highs last year.
With the financial and risk asset markets looking for a possible recovery in 2023, it’s essential to have a diversified portfolio, especially in the quickly-changing crypto markets. The following are 5 cryptos to buy today that we suggest looking into based on their strong fundamentals and/or technical analysis.
FightOut (FGHT)
FightOut’s highly-anticipated move-to-earn (M2E) app and fitness chain continues to impress investors, who have already contributed $1 million during the project’s week-long private sale. Even more astonishingly, the presale total has now exceeded an incredible $2.5 million–a feat that is sure to attract even more attention heading into 2023.
The revolutionary FightOut app stands above other M2E programs, offering an array of features and a unique capacity for tracking any type of physical activity – not just steps. Moreover, you won’t need to empty your wallet purchasing expensive NFTs in order to use this incredible application; rather, users will receive rewards as they strive towards living healthier lifestyles which extend beyond simply walking around.
FightOut will revolutionize fitness tracking by connecting a user’s performance to their personalized avatar in real-time. This feature allows users to monitor and track their progress on strength, cardiovascular endurance, and more. FightOut also enables social competition between friends through the app so that they can strive for common goals together. Additionally, when a user reaches their goals in reality – their character levels up, preparing it for possible fights between other players’ characters to earn rewards.
FightOut is set to launch its first physical gym location in Q4 2023. With a focus on providing customers with state-of-the-art equipment and services, the gym will feature various amenities including studios for rent, health bars, and a co-working area. In addition, they plan to implement an ambassador program featuring renowned boxers and athletes who will offer masterclasses and one-of-a-kind events.
Investors continue to flock to FightOut’s $FGHT token, with its promising concept, and impressive presale bonuses of up to 50%. With partners like LBank Labs, Cryptonews.com, Transak, and BlockMedia Labs offering financial and operational assistance this project is primed for success.
Visit FightOut Now
BitDAO (BIT)
After having a massive uptick in trading activity yesterday BitDAO closed with a 20.15% increase in value. The cryptocurrency made an attempt to break the resistance area of $0.3448 to $0.3562 earlier today and even touched the daily EMA 100, but the price was immediately met with selling pressure, pushing the prices down to sub $0.34 levels.
BitDAO’s price is at $0.3378 as of writing–up by 0.45% for the day. Trading around the previous resistance of $0.3382 on December 14, the price must hold around this level if it’s to continue its momentum to the upside.
With the RSI and MACD both trading in bullish territory, a confirmed breakout from the resistance area of $0.3448 to $0.3562 and daily EMA 100 are needed for added confirmation that the cryptocurrency is finally making a trend reversal. If successful, the next target area is the psychological resistance of $0.40 for a potential 12% move to the upside.
Dash 2 Trade (D2T) – Just 7 Days Left in Presale
Dash 2 Trade has created a groundbreaking analytics and sentiment tracking platform that could transform crypto trading. This cutting-edge system is equipped with unique features, plus it leverages the existing Learn 2 Trade community to give investors a chance to benefit from FTX’s failure–as traders hunt for solutions that will shield them against future catastrophes like this.
By subscribing to Dash 2 Trade’s exclusive platform, traders get access to trading signals, alerts for upcoming coins and social sentiment indicators. They can also utilize the presale token scoring system along with a powerful strategy back-testing tool that allows them to simulate various strategies and then execute them in the market seamlessly through automated trading. The auto-trading feature on the platform is connected to exchange APIs so clients can monitor their performance and adjust criteria as needed. To ensure easier decision-making, interactive charts and graphs are provided for advanced data analysis that represents the metrics in an easily interpretable way.
These features are designed to help traders make shrewd decisions, while mitigating the risk of cryptocurrency trading by keeping them informed about market conditions and allowing for accurate trend analysis. By providing valuable data such as price predictions based on past performance, traders will have the assurance they need to embark on smart investments tailored to their needs.
As the token presale of Dash 2 Trade quickly approaches its close, the company has already raised a remarkable $11.57 million. Due to an accelerated development timeline, their platform is expected to launch soon–with its first exchange listing on January 11.
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Toncoin (TON)
After falling for the past couple of days in a confirmed breakdown from a symmetrical triangle, Toncoin’s price appears to have bounced off the daily EMA 50 after prices closed yesterday with an 8.25% gain having attempted to break past the daily EMA 20.
After trading above the short- to long-term Exponential Moving Averages of EMA 20, EMA 50, and EMA 100 for the majority of November to December, a correction was due for this cryptocurrency.
With the price still trading above the EMA 50 and EMA 100, and the EMAs still in a bullish alignment, the bullish bias for this coin is very much still in play. In order for TON to move higher, it’s important for the price to hold above $2, with potential resistances at $2.22, $2.50, and $2.65.
C+Charge (CCHG)
Get ready to join the charge towards a greener future with C+Charge’s public presale. This peer-to-peer payment system opens up access to carbon credits while making EV charging easier and more transparent for electric vehicle drivers. Make your contribution to the environment by becoming part of a movement that seeks to make EV charging hassle-free, accessible, and transparent.
The electric vehicle industry is experiencing a variety of issues like limited charging points, complex pricing plans, and lack of information. C+Charge Network works to resolve these obstacles by using blockchain technology to create an integral link between electric vehicles and independent charge points.
C+Charge app simplifies the process for electric vehicle drivers to locate and plan for charging expenses at reliable charge points with fair costs. Additionally, users will get carbon credit benefits when they make use of this app.
C+Charge’s presale is offering tokens starting at $0.013 USDT with prices increasing over the course of 4 stages and culminating in $0.02350. 40% of their total 1 billion tokens are available during the public presale.
Visit C+Charge Now
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