The Best Cryptos to Buy Now
The cryptocurrency market is experiencing a slowdown, but there are still opportunities to find the best cryptos to buy now. Here are the key points to consider:
1. TRON (TRX): TRON is performing well and may be the best crypto to buy now. It has been consistently trading above its 200-day EMA and has room to trend upward. In the last 24 hours, TRX has seen a 3% boost in price and may surpass resistance levels in the future.
2. Immutable (IMX): IMX had a rough Q2 due to market factors, but it is making progress in Q3. It has recorded more gains than losses this month and recently experienced a 10% price increase. Collaborations with platforms like Upbit and the mobile strategy game EF Defense contribute to its positive performance.
3. Nexo (NEXO): Nexo has been performing better recently, spending 16 green days in the last 30 days. As an asset management player in the DeFi sector, it is well-positioned to benefit from the influx of funds into the sector. Its current price makes it an attractive option to consider.
4. Frax Share (FXS): Despite facing pressure in June, FXS has shown recovery in the last 24 hours. It is gradually moving towards resistance levels and may end Q3 with a price above $10. Its market cap and indicators suggest potential for further growth.
5. yPredict (YPRED): The presale of YPRED has been successful, raising over $3.1 million. Its community engagement and utility through beta tests contribute to its value. Keep an eye on its progress as it nears the end of the presale.
In conclusion, these cryptocurrencies have shown promising performance and may be worth considering for investment. However, it is important for traders and investors to conduct further research before making any decisions.
Hot Take
While the cryptocurrency market is slowing down, there are still opportunities to find profitable investments. TRON, Immutable, Nexo, Frax Share, and yPredict are among the best cryptos to buy now based on their recent performance and market indicators. However, it is crucial to conduct thorough research and consider market trends before making any investment decisions.