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As the last crypto trading day of 2022 approaches, investors and traders around the world are eager to see what the new year might bring. This year has presented a challenging environment for investors, with the S&P 500 looking to close out its worst year since 2008 and the bond market poised for its worst year in modern history. Futures were down Friday on the sale of 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 maintained much of its gains from a year ago, when it initially doubled, and is now expected to end up 7%. The dollar is slightly weaker but will close its best year since 2015 after increased demand via the Federal Reserve’s interest rate hikes.
The cryptocurrency market also had a strong year with Bitcoin and Ethereum closing the year down 65% and 67%, respectively, since hitting their all-time highs last year.
As the financial and risk asset markets look for a possible recovery in 2023, having a diversified portfolio is essential, especially in the fast-moving crypto markets. Here are 5 cryptos to buy today that we suggest you consider based on their strong fundamentals and/or technical analysis.
FightOut (FGHT)
The highly anticipated FightOut (M2E) fitness app and channel continues to impress investors, who have already contributed $1 million during the project’s week-long private sale. Even more amazing, the presales total has now surpassed an incredible $2.5 million, a feat that is sure to draw even more attention as we approach 2023.
The revolutionary FightOut app stands out from other M2E programs, offering an array of features and a unique ability to track any type of physical activity – not just steps. Moreover, you won’t need to empty your wallet buying expensive NFTs to use this amazing app; instead, users will receive rewards as they strive to adopt healthier lifestyles that go beyond just taking a walk.
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 in strength, cardiovascular endurance, and more. FightOut also allows for social competition between friends through the app so they can strive together to achieve common goals. Additionally, when a user achieves their goals in the real world, their character levels up, preparing them for possible battles 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 offer a variety of amenities including studios for rent, health bars and a co-working area. Additionally, they plan to set up an ambassador program featuring renowned boxers and athletes who will offer masterclasses and unique events.
Investors continue to flock to FightOut’s $FGHT token, with its promising concept and impressive pre-sale bonuses of up to 50%. With partners like LBank Labs, Cryptonews.com, Transak, and BlockMedia Labs offering financial and operational assistance, this project is poised for success.
Visit FightOut now
BitDAO (BIT)
After experiencing a massive increase in trading activity yesterday, BitDAO closed with a 20.15% increase in value. The cryptocurrency attempted to breach the $0.3448-$0.3562 resistance zone earlier today and even touched the daily 100 EMA, but the price immediately came under selling pressure, pushing the price at levels below $0.34.
BitDAO price is $0.3378 at the time of writing, up 0.45% for the day. Trading around the previous resistance of $0.3382 on December 14, the price needs to hold around this level if it is to continue its upward momentum.
With the RSI and MACD both trading in bullish territory, a confirmed break of the $0.3448-$0.3562 resistance zone and the daily 100 EMA are needed for further confirmation that the cryptocurrency finally makes a reversal of trend. If successful, the next target area is the psychological resistance of $0.40 for a potential 12% upside move.
Dash 2 Trade (D2T) – Only 7 days left in presale
Dash 2 Trade has created a revolutionary sentiment tracking and analysis platform that could transform crypto trading. This state-of-the-art system is equipped with unique features, and it leverages the existing Learn 2 Trade community to give investors a chance to benefit from the failure of FTX – as traders seek solutions that will protect them against future disasters like this.
By subscribing to the exclusive Dash 2 Trade platform, traders get access to trading signals, alerts for upcoming coins, and social sentiment indicators. They can also use the pre-sale 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 platform’s auto-trading feature is connected to exchange APIs so clients can monitor their performance and adjust benchmarks as needed. To aid decision-making, interactive charts and graphs are provided for advanced data analysis that depicts metrics in an easily interpretable way.
These features are designed to help traders make sound decisions, while mitigating the risk of cryptocurrency trading by keeping them informed of market conditions and enabling 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 Dash 2 Trade’s token presale is fast approaching, the company has already raised a remarkable $11.57 million. Due to an accelerated development schedule, their platform is expected to launch soon – with its first public listing on January 11.
Visit Dash 2 Trade now
Toncoin (TON)
After falling for the past two days into a confirmed breakdown of a symmetrical triangle, Toncoin price appears to have bounced off the daily 50 EMA after prices closed yesterday with an 8.25% gain after attempting to exceed the daily EMA 20.
After trading above the short-term and long-term exponential moving averages of the EMA 20, EMA 50, and EMA 100 for most of November through December, a correction was due for this cryptocurrency.
With price still above the 50 EMA and 100 EMA, and the EMAs still in a bullish alignment, the bullish bias for this coin is still in play. holds above $2, with potential resistance at $2.22, $2.50, and $2.65.
C+Load (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. Do your part for the environment by being part of a movement that seeks to make electric vehicle charging hassle-free, accessible and seamless.
The electric vehicle industry is experiencing a variety of issues such as limited charging points, complex pricing plans and a lack of information. C+Charge Network strives to overcome these obstacles by using blockchain technology to create an integral link between electric vehicles and independent charging stations.
The C+Charge app simplifies the process for EV drivers to locate and plan charging expenses at reliable charging stations with fair costs. Also, users will get carbon credits when they use this app.
The C+Charge presale offers tokens starting at 0.013 USDT with prices increasing through 4 stages and peaking at 0.02350 USD. 40% of their total 1 billion tokens are available during the public presale.
Visit C+Charge now
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