Best Crypto to Buy Now 3 April – SNX, ADA, STX

Best Crypto to Buy Now 3 April – SNX, ADA, STX

Best Crypto to Buy Now 3 April – SNX, ADA, STX

The cryptocurrency market is currently navigating a period of uncertainty, with Bitcoin (BTC) demonstrating resilience by maintaining its position close to the $28,000 mark.

Amid market turbulence, Bitcoin has remained relatively stable, trading at $27,860 as it trades about even for the day so far.

How might the current market conditions influence the selection of the best cryptos to buy now?

Despite experiencing some volatility in the latter half of March, Bitcoin achieved an overall increase of approximately 23% for the month, consistently rebounding above the $28,000 threshold even during unstable periods.

Recent events, including bank failures, inflation concerns, and regulatory actions targeting the crypto industry, have led investors to weigh the potential impact on cryptocurrency prices.

The weekend provided little indication of future developments, as Bitcoin continued to trade at levels similar to those seen at the end of March.

In the first quarter, decentralized-focused tokens, such as LidoDAO (LDO) and dYdX (DYDX) emerged as top performers, experiencing significant gains as U.S. regulatory authorities increased their scrutiny of centralized cryptocurrency exchanges.

Ether (ETH) has also experienced only slight fluctuations, trading at $1,806, up about 1% so far today.

The Ethereum community is anticipating the Shanghai upgrade, scheduled for April 12, which will mark Ethereum’s full transition to a proof-of-stake (PoS) network and enable staked ETH withdrawals.

Meanwhile, the broader equity markets concluded the first quarter positively, with gains in the Nasdaq, S&P 500, and Dow Jones Industrial Average.

Markets remained relatively stable today as investors await the release of new employment and productivity data from the U.S. Census Bureau and the U.S. Labor Department in the coming days to assess the state of the U.S. economy.

In the current market environment, as many cryptocurrencies see only slight gains, these are some of the best cryptos to buy now based on technical and fundamental analysis: SNX, LHINU, ADA, DLANCE, STX, ECOTERRA, and SWDTKN.

Synthetix (SNX)

The technical analysis of SNX reveals a mixed picture, with several key indicators suggesting a lack of clear direction. The current price of the SNX is at $2.57, which represents an increase of 1% so far today.

This is accompanied by an increase in trading volume, as the current volume of 6.437 million is higher than the previous day’s volume of 4.287 million.

However, it is worth noting that the current volume is still below the volume moving average of 8.313 million.

One of the most important technical indicators to consider is the exponential moving average.

The 20-day exponential moving average (EMA) is currently at $2.5971, while the 50-day EMA is at $2.6004.

Both of these EMAs are above the current price, suggesting that they are acting as immediate resistance levels.

The fact that the current price is below both the 20-day and 50-day EMAs may indicate short-term bearishness.

However, the 100-day EMA, which is at $2.4886, is below the current price and may act as potential support.

This longer-term moving average suggests that the overall trend may still be bullish.

The MACD histogram provides additional insight into the SNX’s momentum.

The current MACD histogram value is -0.008, which is lower than the previous day’s value of -0.0011. This negative value and the decrease in the histogram suggest bearish momentum.

Traders often look for crossovers in the MACD histogram as potential buy or sell signals. In this case, the negative histogram suggests caution for bullish traders.

In terms of key price levels, the immediate resistance is provided by the 20-day and 50-day EMAs at $2.5971 and $2.6004, respectively.

If the price can break above these levels, the next resistance zone is between $2.723 and $2.797.

On the downside, potential support is provided by the 100-day EMA at $2.4886, followed by the swing low range of $2.30 to $2.34.

Given this mixed picture, traders may want to adopt a cautious approach. One potential strategy could be to wait for a breakout above the immediate resistance levels or a breakdown below the potential support levels before taking a position.

LHINU’s Presale Success: A Promising Start for the Vote-to-Earn Platform

The first quarter of 2023 has seen a notable upswing in the cryptocurrency sector, paving the way for the introduction of creative and groundbreaking ventures.

Among these ventures, Love Hate Inu (LHINU) is one such project that has captured considerable interest.

The project’s objective is to leave a lasting mark on the $3 billion survey sector by introducing its innovative Vote-to-Earn (V2E) platform. 

Since the commencement of the LHINU token presale in March 2023, the project has successfully raised over $2.6 million in funding.

In addition to its fundraising success, Love Hate Inu brings a novel perspective to online polling through its Vote-to-Earn (V2E) model.

To be eligible to participate in polls, users must stake a specified minimum of LHINU tokens for at least 30 days.

Users who stake more tokens for extended durations receive increased voting power.

Not only does the platform enable users to vote on a diverse array of subjects, from hotly debated topics to popular memes, but it also includes a key feature: a reward system.

Specifically, users are awarded LHINU tokens for each vote, promoting ongoing involvement.

As for tokenomics, LHINU tokens have a total supply of 100 billion, with 90% to be evenly distributed across eight presale rounds.

The token price will increase with each subsequent presale phase.

Currently, during the third round, LHINU tokens can be purchased at $0.000095 per token. By the eighth round, the price will rise to $0.000145, a 52.6% increase.

Visit Love Hate Inu Now

Cardano (ADA)

Despite the challenges currently facing the cryptocurrency market, Cardano (ADA) has shown remarkable resilience, with its price currently bolstered by favorable indicators.

The next stage in Cardano’s blockchain development, known as the “Age of Voltaire,” is rapidly approaching. The Voltaire upgrade is scheduled to be implemented later this year.

A technical analysis using a Fibonacci retracement on ADA’s most recent swing high reveals that the cryptocurrency’s price is trading just above the 0.382 Fibonacci level.

Earlier today, ADA retested the 0.50 Fibonacci level at $0.3731 when it recorded an intra-day low of $0.3708.

Despite the selling pressure, bullish investors have been pushing back, as evidenced by ADA’s current trading price of $0.3892, representing a 2.36% gain so far today.

At present, ADA is facing a critical resistance point as it grapples with bearish pressure around the $0.4 level.

If the bulls manage to overcome this resistance, ADA could be well-positioned for a rally toward the $0.5 level.

Adding to the positive outlook, ADA’s trading volume has experienced a significant surge, increasing by 99.55% so far today to reach approximately $598,562,592.

A Leap Into WEB3 Freelancing: Deelance One of the Best Cryptos to Buy Now

DeeLance, an upcoming Web3 freelancing and recruitment platform, has recently launched its presale.

DeeLance is utilizing blockchain technology to streamline, mitigate risks, and enhance the process of hiring the right talent for a job.

As part of its offerings, the platform’s native cryptocurrency, $DLANCE, operates on the Ethereum blockchain.

Currently, during Stage 1 of the three-phase presale, it is valued at $0.025.

However, the initial stage will conclude in less than 12 days, after which the token’s price will increase to $0.027 in Stage 2 and $0.030 in Stage 3.

As an incentive, early participants are receiving a 40% discount compared to the exchange listing price of $0.035.

For those interested, prospective investors have the option to purchase $DLANCE using Ethereum (ETH), Tether (USDT), or via the Transak payment network with a card.

Notably, the value of $DLANCE is derived from its unique role as a medium of exchange for purchasing digital real estate within the DeeLance metaverse and facilitating trade in the non-fungible token (NFT) marketplace.

Additionally, it is utilized for leasing office space, funding advertisements, and accessing other services and features as the ecosystem evolves.

According to data from IBISWorld, the international industry encompassing human resources (HR) and talent acquisition services is presently projected to reach $761 billion.

Despite this impressive figure, companies continue to face significant challenges in recruitment, which is crucial for achieving business objectives.

DeeLance aims to address these challenges by competing with and outperforming established recruitment platforms such as Fiverr, Upwork, and Freelancer.

By harnessing the capabilities of decentralized networks, non-fungible tokens, and the metaverse, DeeLance is redefining the recruitment landscape.

Central to DeeLance’s approach are its guiding principles of simplicity, transparency, efficiency, and ownership.

These values are realized through lower fees than traditional platforms, expedited payments, and a robust escrow system that ensures the security of funds for all parties involved, thereby setting the stage for a new era in the freelancing and recruitment industry.

Visit DeeLance Now

Stacks (STX)

The Stacks (STX) cryptocurrency has recently experienced significant price fluctuations, and an analysis of its technical indicators can provide valuable insights into the market trends.

The 20-day Exponential Moving Average (EMA) currently stands at $0.9314, while the 50-day EMA is at $0.8041, and the 100-day EMA is at $0.64003.

These EMAs indicate that STX is in an uptrend over the longer term, as the shorter-term EMAs are above the longer-term ones.

The Relative Strength Index (RSI) is at 45.93, which suggests that the market is neither overbought nor oversold.

This neutral reading indicates that there is potential for further price movements in either direction.

However, the RSI’s position below 50 may indicate a slightly bearish sentiment.

The Moving Average Convergence Divergence (MACD) histogram, a momentum indicator, is showing a decrease from -0.0347 the previous day to -0.0357.

This indicates a bearish momentum, with the possibility of the price continuing to decline in the short term.

STX is trading at $0.8635, with a decrease of 0.99% so far today.

The immediate resistance level is found at the Fibonacci 0.5 level at $0.9162, with the EMA-20 at $0.9314 acting as additional resistance, as evidenced by the price action for the past week.

On the other hand, potential support can be found at the Fibonacci 0.382 level at $0.8229. This level could act as a crucial area for buyers if the price continues to decline.

ecoterra’s Innovative Web3 Marketplaces for Carbon Offsets and Recycling

ecoterra is making strides in promoting sustainable development through its unique blockchain recycling reward solutions.

As the effects of carbon emissions on the global climate become increasingly apparent, governments, enterprises, and individuals are taking action to preserve the environment for future generations.

ecoterra stands out as one such solution with its innovative ecosystem that’s pioneering the Recycle-2-Earn model, which aims to combat the escalating challenge of climate change and resource depletion.

It will do this through rewarding individuals and companies for recycling and providing a way for companies to obtain recycled materials.

Investors can purchase $ECOTERRA tokens for $0.004 in the first stage, with the price set to increase to $0.00475 in the next stage. An exchange listing is planned for Q3 2023 at $0.01.

Utilizing the Ethereum blockchain and leveraging the capabilities of the ERC-20 protocol, the ecoterra token (ECOTERRA) presents itself as one of the best cryptos to buy now, providing investors with a chance to be involved in an initiative that holds the promise of reshaping our perspective on recycling and ecological accountability.

Visit ecoterra Now

Swords of Blood Is Cutting Through the Blockchain Gaming Landscape

The blockchain gaming industry has seen some innovative projects coming out of it in the past year.

This phenomenon is evident in the plethora of advertisements for crypto games that flood social media platforms like Twitter.

While the abundance of ads can be overwhelming, it underscores the richness and competitiveness of the market—a breeding ground for innovation.

However, the quality of many emerging blockchain games leaves much to be desired.

Many lack the mechanics and user experience necessary to attract traditional gamers, who remain hesitant to explore this unfamiliar territory.

Enter Swords of Blood, a game that promises to reinvigorate the blockchain gaming landscape with innovative mechanics and high quality gameplay.

Within a month of its debut, Swords of Blood has amassed a substantial community (41.8K followers on Twitter) and garnered investor interest, as evidenced by the rapidly selling presale of its native token, $SWDTKN.

Swords of Blood is the first AAA-quality, free-to-play (F2P) hack-and-slash role-playing game (RPG) built on a blockchain.

It will launch on the Polygon network to leverage its speed and energy efficiency.

The game offers a variety of asynchronous modes, including main campaign dungeons, monster hunts, boss fortresses, player-versus-player (PvP) battles, daily dungeons, time-limited events, challenge dungeons, and a special week-long event called Shattered Mazed.

Swords of Blood will be a free-to-play game, with Web3 features that broaden its appeal.

It will offer 4, 8, and 16-player PvP modes, play-to-own mechanics, e-sports tournaments, community-based gaming, multichain crypto, and fiat payment integration, a new soundtrack, game utility tokens (G.U.T.s), NFTs, and a 150-hour game expansion pack.

For those interested in investing in Swords of Blood, the first stage of the $SWDTKN presale is underway, with tokens priced at $0.054 each.

Visit Swords of Blood Now

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