Best Cryptos to Buy Right Now Based on Technical Indicators
With the recent positive performance of Bitcoin (BTC) and Ethereum (ETH), many altcoins are showing strong technical indicators. To help you make informed investment decisions, Finbold has compiled a list of the best cryptos to buy right now, using widely used technicals such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD) Indicator, Bollinger Bands (BB) Indicator, and Moving Average (MA) Indicator from PricePredictions.
Trending Up: Top Picks
The first place on the list is shared by Secret (SCRT) and Artificial Liquid Intelligence (ALI), both with a bullish rating of 89. Secret has a price of $0.4146 with a 14% increase in the past week, while ALI stands at $0.02295 following a 7.32% growth in the previous 7 days. SCRT focuses on privacy for users, while ALI combines AI and blockchain technology.
Loom Network (LOOM) takes the second spot with a rating of 88, providing scalability and usability for developers to build high-performance dApps. Elastos (ELA) secures third place with a score of 87, offering a unique combination of blockchain, decentralized internet, and secure operating systems technology.
Other Top Picks
In fourth place is Gods Unchained (GODS) with a rating of 73, followed by Dusk (DUSK) at fifth place with a grade of 63. Nervos Network (CKB) ranks sixth with a mark of 61.
Mantle (MNT), with a market cap of $2 billion, takes seventh position with a score of 52. Ronin (RON) is in eighth place with a positive grade of 44, while GameFi.org (GAFI) completes the top 10 entries with a rating of 29. It’s worth noting that all these picks are within the top 500 digital assets ranked by market capitalization.
Technical Indicators Summarized in the Rating
Keeping track of multiple technical indicators for a single cryptocurrency can be challenging and time-consuming. By summarizing these indicators in a rating, investors can get an overall grade of a digital asset’s performance across different periods. This allows for thorough analysis and helps minimize risks associated with investing.
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