By Best Crypto to Buy Now 10 April – STX, BGB, AGIX
Over the weekend, the cryptocurrency market experienced low volatility as Bitcoin continued to trade around $28,000.
With prices moving sideways and trading volume increasingly declining, heightened volatility may be on the horizon.
Hence, people looking to invest in the cryptocurrency market should closely monitor upcoming events and key indicators that could affect the selection of the best cryptos to buy now.
The recent slowdown in employment and wage growth, while seemingly unfavorable for the economy, has led some investors to believe that the Federal Reserve may adopt a more cautious stance on interest rate hikes.
In light of this, the release of the Consumer Price Index (CPI) this Wednesday will be closely monitored for its potential influence on interest rate adjustments.
Earnings season is also upon us, and it’s expected to paint a bleak picture of corporate performance for the first quarter.
With a predicted 6.6% decline, this marks the worst earnings drop since the pandemic’s onset in the second quarter of 2020.
As these factors converge, the stage is set for significant market volatility in the coming weeks.
If the crypto market continue to hold its ground and is positively impacted by macroeconomic developments, it is possible that Bitcoin could test $30,000, and Ethereum $2,000.
At the time of writing, Bitcoin and Ethereum have shown upward price movements today. Bitcoin is currently trading at $29,144, representing a gain of 2.87% so far today, while Ethereum is trading at $1,896 with a 2% gain.
Investors seeking to capitalize on potential market strength may consider buying LHINU, STX, DLANCE, BGB, ECOTERRA, AGIX, SWDTKN, and TARO.
Based on fundamental and/or technical analysis, these are considered among the best cryptos to buy now.
Love Hate Inu: Earn Rewards and Share Your Opinions with LHINU Tokens
Love Hate Inu has gained significant attention for its crypto rewards program that incentivizes users to participate in community-driven online surveys.
Unlike popular meme coins Doge and Shiba Inu, Love Hate Inu offers real-world utility through its blockchain-based voting system.
Users of the Love Hate Inu platform can express their opinions on various social issues, from environmental concerns to politics and pop culture.
As a blockchain-powered voting ecosystem, Love Hate Inu allows people to express their views without fear of partiality, promoting an encouraging atmosphere for exchanging opinions and ideas.
Being built on the Ethereum blockchain, Love Hate Inu gains advantages from the extensive range of activities happening in the non-fungible token (NFT), Metaverse, and decentralized finance (DeFi) industries.
By engaging in sponsored meme pools, Love Hate Inu users have the opportunity to acquire project-specific NFTs and collectibles with metaverse branding.
This approach has the potential to challenge the traditional online survey industry by offering an alternative way for users to earn rewards for their participation.
With its stake-to-earn and vote-to-earn features, Love Hate Inu’s platform encourages active participation from community members.
Staking LHINU tokens is required to join polls, ensuring a spam-free and anonymous voting process.
As voters use the platform, they earn ERC-20 tokens as incentives.
Following its triumphant presale debut in early March, Love Hate Inu has been creating a stir on social media and has garnered more than $3.4 million in funding so far.
Having a limited supply of 10 billion tokens, LHINU has a deflationary nature that distinguishes it from the likes of Dogecoin and Shiba Inu, which makes it one of the best cryptos to buy now.
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Stacks (STX)
Despite low volatility in the overall cryptocurrency market, the price of Stacks (STX) increased by over 9% during the weekend.
Currently, STX’s 20-day EMA is at $0.890, which is higher than both the 50-day EMA ($0.815) and the 100-day EMA ($0.668).
This indicates a bullish short-term trend, with the price trading above the medium-term and long-term moving averages.
The RSI for STX is currently at 50.38, indicating that the market is neither overbought nor oversold.
This suggests that the price may continue to move sideways until a clear trend is established.
Additionally, STX’s MACD histogram suggests a decrease in bearish momentum, with the previous day’s histogram at -0.237 and the current day’s histogram at -0.0173.
This indicates that the bearish momentum may be weakening and potentially shifting towards a bullish trend.
STX’s 24-hour trading volume is currently $135,073,607, up 78.77% according to CoinMarketCap.
This significant increase in trading volume suggests that there may be an increase in market interest and participation, leading to higher price volatility.
STX is currently trading at $0.8909, indicating a further 1.86% increase so far today following yesterday’s 8.75% move.
The immediate resistance level for STX is at the 20-day EMA at $0.891, followed by the previous resistance level of $0.91 in confluence with fib 0.5 at $0.918.
On the other hand, the support level is at fib 0.382 at $0.824 in confluence with the 50-day EMA.
A break below this level could potentially lead to further downward pressure on the price.
DeeLance unlocks the Potential of Blockchain Technology in Freelancing
DeeLance is shaking up the Indian freelance market with its Twitter campaign.
The platform has generated a lot of interest in the idea of a decentralized freelance marketplace, capturing the attention of both professionals and enthusiasts.
With a massive population of 1.4 billion people, India is home to a considerable youth demographic, with 65% under the age of 35.
The DeeLance platform’s objective is to provide this young population with a stable, equitable, and self-sustaining job market that extends beyond Indian borders.
Employing blockchain technology, DeeLance promises to connect recruiters and freelancers globally using a cost-effective, engaging, and efficient method.
DeeLance’s unique approach to addressing the global issue of sustainable labor availability is attracting attention.
The platform seeks to integrate advanced technology into the freelancing industry through three distinct concepts: Metaverse technology, a cutting-edge NFT marketplace, and a contemporary recruitment platform.
On the DeeLance platform, users can interact with the Metaverse in various ways, such as the lobby arena, virtual office spaces, and exclusive meeting rooms.
These interactions facilitate collaboration and allow for decentralized freelance deals to be made.
Users can also purchase NFTs to represent themselves and their assets within the virtual space, as well as tokenize their works for sale.
DeeLance’s recruitment features simplify the hiring process and save valuable time and resources.
Freelancers have access to dashboards displaying recent job opportunities, and the Metaverse allows for the posting of billboards and participation in career fairs and hiring events.
These features have the potential to disrupt the current recruitment service market, valued at $761 billion in global revenue.
The DLANCE token, with its practical applications addressing the critical issues of recruitment and freelancing, has the potential for significant growth.
The public sale for 300 million of the 1 billion coins is currently underway, and there are two additional sales stages scheduled before the coins are made available to the public.
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Bitget (BGB)
Crypto exchange Bitget has announced the launch of a fund worth $100 million to support Web3 startups in Asia.
The Seychelles-based firm’s move comes as more crypto projects seek non-U.S. jurisdictions.
With East Asian countries making significant strides to promote crypto, the fund targets Asian countries as they develop a framework for building Web3.
Hong Kong has been easing its crypto regulations, while Japan recently approved a white paper for Web3 development.
“Despite the bear run, Bitget has always supported innovative projects and the development of the Web3 environment with a focus on BUIDL. The launch of Bitget Web3 Fund is a continuation of our ongoing efforts to drive the adoption of crypto and Web3,” said Bitget Managing Director Gracy Chen.
According to a Bitget spokesperson, the fund is self-funded, as the exchange is “debt-free with adequate cash flow, thanks to its steady development and fast-growing business.”
Bitget has previously invested $30 million in BitKeep, a decentralized multi-chain wallet.
Investors can take note of the growing interest in Web3 in Asia and explore potential opportunities in this space.
Bitget’s recent announcement may have contributed to the recent surge in its price.
The cryptocurrency closed yesterday with a 5.85% increase and continued its momentum today with a 4.76% increase so far, currently trading at $0.46.
Bitget’s price is inching closer to the all-time high of $0.5162.
The dynamic support 20-day EMA, which is at $0.41, is its immediate support.
ecoterra’s Green Mission Makes It One of the Best Cryptos to Buy Now
ecoterra has entered the cryptocurrency market with a bang with a mission to reshape waste management by rewarding users for their recycling efforts.
At the heart of ecoterra lies an app that provides an array of eco-friendly options, encouraging users to incorporate sustainable choices into their daily routines.
Additionally, the app’s marketplace has attracted interest from prominent brands.
The ecoterra app combines sustainability and blockchain technology to address the barriers present in traditional recycling systems, offering a promising solution.
By recycling glass, textiles, or plastic at reverse vending machines, users have the ability to convert waste materials into cryptocurrencies.
After uploading their receipts to the app, they receive ECOTERRA tokens.
This cryptocurrency reward adds value beyond the small change typically earned through recycling.
ECOTERRA, an ERC-20 token, grants access to various features, such as staking and an educational platform, which delves into ways to enhance one’s environmental impact.
This platform, different from typical online blogs, offers research-backed articles and video tutorials.
ecoterra also provides support for businesses aiming to adopt sustainable practices.
The app includes an Impact Profile, where companies can monitor their environmental actions, helping them build a reputation for sustainability.
Additionally, the app features a Recycled Materials Marketplace, where businesses can purchase recycled materials using ECOTERRA tokens, and a Carbon Offset Marketplace, where they can buy carbon credits ethically and sustainably.
ecoterra is currently conducting a presale on ecoterra.io, offering an opportunity to purchase the cryptocurrency at the current price of $0.004 before its listing price of $0.01.
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SingularityNET (AGIX)
SingularityNET’s AGIX has been forming a falling wedge pattern since retesting the Fib 0.786 level at $0.56 on March 18.
The prices are dancing between the pattern’s converging trendlines, suggesting that traders are paying attention to this technical setup and could react accordingly.
A falling wedge pattern typically signals a possible bullish reversal for an AGIX’s price.
As long as the pattern holds, AGIX will likely continue its downward trend.
Currently, SingularityNET’s trading volume stands at $98.5 million, marking a 63.96% increase for the past 24 hours.
The AGIX price appears to form a falling wedge pattern in the 4-hour time frame chart.
The narrowing price action within the falling trendlines implies that bearish control is waning while bullish momentum is on the rise.
At the time of writing, AGIX is trading at $0.405, maintaining stability above the recently achieved $0.39 support level.
A small tail on the 4-hour candle suggests that buyers are protecting this reclaimed support.
Should the buying pressure continue, the coin’s price may increase by 3% and test the overhead trendline in confluence with the Fib 0.5 level at $0.417.
A breakout from the pattern’s resistance could signal an early shift in trend direction.
A 4-hour candle closing above the trendline could intensify buying pressure, providing traders with an opportunity for a long entry.
Regarding technical indicators, the RSI is approaching the RSI 50 midline, denoting neutral sentiment among market participants.
Additionally, the declining 20-day ($0.417) and 50-day ($0.407) EMAs are providing extra resistance for buyers, allowing sellers to extend the ongoing downtrend.
While 100-day ($0.342) and 200-day ($0.252) may provide potential support if the price goes lower.
AGIX is currently trading at $0.405 with a gain of 0.65% so far today.
Resistance levels are at $0.417 and $0.43, and support levels are at $0.39 and $0.37.
Ready to Earn While You Play? Swords of Blood is One of the Best Cryptos to Buy Now
Swords of Blood has already garnered significant attention from gamers during its presale.
The approach of earning through play-to-earn (P2E) gaming has also gotten global attention, and even major game developers and publishers have shown interest in this model.
Swords of Blood is one of the latest projects in this sector, and it’s already turning heads.
Developed by veterans in the video games industry, it promises an unparalleled gaming experience that combines story and gameplay.
The presale features multiple tiers with a range of benefits, such as access to the beta version of the game, exclusive in-game items, physical merchandise, and more.
Interested parties can purchase the SWDTKN token using USDT, USDC, ETH, or DAI.
Swords of Blood is an action-packed role-playing game (RPG) that utilizes hack-and-slash mechanics and integrates the Polygon blockchain to provide an immersive gaming experience with striking visuals, compelling gameplay, and a variety of game modes.
Players have the chance to obtain formidable armor and weaponry, craft useful items, and create personalized weapons to enhance their avatars in Swords of Blood.
Additionally, there is a Player versus Player (PvP) mode for those who prefer to engage in competitive gameplay.
Swords of Blood is not an average P2E game.
Given its exceptional production value and the experienced team behind it, Swords of Blood has the potential to be the first play-to-earn (P2E) game to make a significant impact on the mainstream market.
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Exploring the Multiverse With RobotEra’s Metaverse Platform
RobotEra, a metaverse sandbox gaming initiative, captivates users with its proposal of engaging gameplay and financial incentives for participation.
Delving deeper into the metaverse, RobotEra equips users with robot avatars to interact with and develop projects on a planet called Taro.
So, what distinguishes RobotEra from its competitors?
RobotEra aspires to redefine the metaverse with a platform reminiscent of The SandBox, but with a much more user-friendly yet advanced interface allowing for the easy creation of in-game assets and land development.
On the planet Taro, players can immerse themselves in a realistic experience while profiting from gameplay.
The multidimensional metaverse platform blends interaction, creation, management, and entertainment, allowing users to create assets with their non-fungible token (NFT) robot avatars.
These assets encompass activities such as mining TARO, developing video games, enhancing land with in-game structures, and more.
RobotEra fosters a decentralized ecosystem and encourages commercial ventures.
As a shared universe, it connects to other worlds via theme parks, concerts, museums, and more. Players engage with members of diverse NFT communities while navigating RobotEra.
Within the Taro planet, players embody robot-modeled NFT avatars, constructing whatever they desire alongside their robotic peers.
Robot companions can also be created to serve as dependable allies and valuable fighters.
The RobotEra ecosystem benefits from a decentralized autonomous organization (DAO), which is collectively formed by users, ensuring a fair and democratic system without centralized leadership.
Players can suggest strategies and determine the use of tokens in their treasury, with successful ideas garnering Taro rewards and revenue.
RobotEra presents numerous opportunities to earn $TARO tokens, as all lands, estates, avatars, and in-game assets are built on NFT technology.
Players can sell NFT assets, develop projects, host events, charge ticket fees, sell advertising space, stake $TARO for passive income, and more.
The $TARO token, essential for transactions and interactions within the RobotEra ecosystem, is rapidly gaining attention as one of the best cryptos to buy now.
Based on the Ethereum blockchain as an ERC-20 utility coin, it enables players and creators to exchange assets and cultivate a user-driven platform of incentives.
The project’s native currency, $TARO, has received over $1 million in presale investments and is currently priced at $0.020.
The price of $TARO will increase steadily as each stage of the presale concludes.
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