Best Crypto to Buy Now 6 April – RPL, LDO, OP
The market for cryptocurrencies has remained unaffected, showing a continuous upward trend and a total market value of $1.18 trillion despite stock market swings and mounting worries about the future of the economy as a whole.
What are the best cryptocurrencies to buy right now given this hazy macroeconomic backdrop?
Michael Saylor’s company, MicroStrategy, has been in the news for its aggressive Bitcoin acquisition tactics.
The business most recent purchase of Bitcoin involved the purchase of 1,045 BTC tokens for a total of $23.9 million between March 24 and April 4.
With this acquisition, the corporation now owns 140,000 BTC in total, with a market cap of almost $4 billion. In this transaction, each Bitcoin cost, on average, $29,803.
The rapid growth of the cryptocurrency market indicates that it is becoming more recognised as a viable asset class. From the beginning of the year, the price of bitcoin has risen by around 69%, recovering from a 64% drop in 2022.
Yet in the near future, the overall economic environment might have a significant impact on the bitcoin market.
There are growing worries about a possible U.S. recession, and some experts are stating that the Federal Reserve may have tightened its monetary policy too far.
The previous 24 hours have seen some of the momentum from the recent surge in risk assets fade, with investor jitters over the status of the economy once more on the rise, according to Henry Allen, strategist at Deutsche Bank.
Nonetheless, despite the state of the economy, many investors are still bullish about cryptocurrencies.
According to fundamental and/or technical analysis, some of the best cryptocurrencies to buy right now are LHINU, RPL, DLANCE, LDO, ECOTERRA, OP, SWDTKN, and TARO.
Love Hate Inu’s V2E Platform Takes on the Online Survey Industry with Blockchain Technology
Market watchers should be aware of a new participant who might be able to provide stronger long-term prospects as Dogecoin continues to generate a lot of attention in the cryptocurrency market.
Love Hate Inu is a brand-new meme coin with a crypto-inspired design that has recently acquired popularity thanks to its ground-breaking vote-to-earn (V2E) social media polling system.
The V2E platform, which enables users to participate in debates and cast votes on various problems, is powered by the crypto token LHINU from Love Hate Inu.
Owners of LHINU tokens can stake them to cast a vote on each poll, and for each vote they cast, they will receive compensation.
It’s anticipated that the platform would eventually turn poll creation over to the community.
The project’s presale, which is quickly selling out, has already raised $2.86 million in just three weeks.
Investors have a short window of opportunity to purchase LHINU tokens at the discounted price of $0.000105 before the presale expires and the price rises to $0.000145.
Love Hate Inu is poised to upend the online polling sector with its ground-breaking blockchain-based voting platform that provides permanent and irrevocable recording of voting results. This platform uses distributed ledger technology.
The project has great growth potential given that the software market is anticipated to increase to $5.69 billion by 2027.
If Love Hate Inu achieves the objectives specified in its roadmap, such as the monetization of its data through brand collaborations and integration into sizable metaverse experiences, the market valuation of the LHINU token might rise dramatically.
Rocket Pool (RPL)
An uptick in optimism has characterised Rocket Pool’s market activity, with the token’s price rising by 8.16% on Tuesday.
RPL’s price is currently around $46.98 and has gained 0.71% so far today as of the time of analysis.
RPL’s rising trend is supported by a solid support level at $42, which is the price.
The breakthrough of this support by bullish forces could herald further gains because it has protected against bearish corrections in the past.
Furthermore, RPL’s price action has shown tenacity in the face of resistance close to the $50 level.
Following a brief reversal, a surge of buying interest drove the token to its present values.
Another indication of the market’s interest for RPL is a significant increase in daily trading volume.
RPL tokens have changed hands for almost $14 million in the most recent day alone, a 24.14% rise from the day before.
Due to this increased demand, RPL has maintained its ranking as the 57th-ranked cryptocurrency on CoinMarketCap with a $897 million market cap.
More information on RPL’s optimistic prognosis is provided by technical indicators. A favourable trend is indicated by the 20-day exponential moving average (EMA) crossing above the 50-day EMA.
A bullish crossover has also occurred in the MACD, with the MACD line crossing over and crossing the signal line.
The relative strength indicator (RSI), which approaches the important RSI 60 mark at 59.08, also signals positive optimism.
Investors and traders alike will be watching the token’s growth intently as it continues on its upward trajectory.
DeeLance: The Decentralized Freelance Haven with NFTs and Metaverse
Can the interaction between employers and freelancers be revolutionised by a decentralised network using non-fungible tokens (NFTs)?
Innovative Web3-based freelancing platform DeeLance holds this opinion. In addressing the shortcomings of established marketplaces like Upwork, Fiverr, and Freelancer, the project seeks to reshape the future of the freelance sector.
The freelancing industry has been expanding in recent years, but traditional platforms have trouble recruiting experienced freelancers and are burdened by excessive costs and payment delays.
DeeLance is a decentralised platform that speeds the recruiting process and boosts payment security thanks to its distinctive NFT-powered ecosystem.
DeeLance stands apart from the competition by providing instant payouts, lower costs, and greater transparency.
It uses the Ethereum blockchain to operate, which guarantees top security and quick transactions.
The platform ensures payment for freelancers after a job is finished and protects funds for employers by employing secure escrow accounts.
The inclusion of NFTs as a type of contract ownership is a vital part of DeeLance’s innovative strategy.
This function ends disagreements concerning who is the rightful owner of finished work, providing a seamless transfer of rights from freelancer to employer. It also tackles issues with royalties and usage restrictions for services that have been provided.
Nevertheless, DeeLance offers more than just a market; it creates an entire metaverse where employers and freelancers can communicate, work together, and even advertise.
While freelancers can display their portfolios to entice potential clients, recruiters can set up virtual offices for interviews.
The native token of DeeLance, $DLANCE, is at the centre of this ecosystem.
Although the platform supports both cash and cryptocurrency as payment methods, $DLANCE tokens are required for all transactions within the metaverse.
One of the finest cryptocurrencies to buy right now is the token since it plays a crucial part in driving the cutting-edge features of the DeeLance platform.
DeeLance may end up dominating the freelance market and changing how we think about employment in the digital era as demand for decentralised solutions rises.
Lido DAO (LDAO)
Since March 26, LDO, the native token of the liquid staking platform Lido DAO, has seen a sharp price increase, climbing by around 30%.
In the period from March 27 to April 3 there was a discernible spike that coincided with increasing on-chain activities.
Also, due to an increase in staking contributions on platforms like Ethereum, Polygon, and Solana, Lido had a 1.03% increase in its total locked value (TVL).
In the same week, Lido also received 18.7% of all new ETH deposits.
LDO has run into resistance near $2.8 despite the positive momentum, and bears are vehemently defending this price.
Since March 4, the token has found it difficult to close above this level, which has led to worries about probable price declines.
If bears continue to dominate, LDO may fall to a support level around $2.50, and further decrease may result in a 13% drop to test the support of the 100-day EMA near $2.25 before recovering.
A successful breakthrough and consolidation over the immediate resistance level, on the other hand, might push LDO above $3.4 before downside corrections limit gains.
On daily charts, the relative strength index for LDO is still at a neutral 56.44.
LDO’s price has created a bearish descending triangle pattern, which has increased the level of uncertainty.
The price goal for this pattern is determined by the height of the triangle’s thickest component, which is characterised by a falling resistance line and a flat support line.
LDO’s price is currently testing the pattern’s downward-sloping trendline; if the pattern is exhausted with enough volume, it may drop 12% to $1.75 before rising again.
Falling volumes suggest that when the LDO price rally encounters the upper trendline of the bearish pattern, it may falter.
Blockchain-Based Green Crypto ecoterra is One of the Best Cryptos to Buy Now
Ecoterra can help with the urgent need for solutions to stop climate change in the planet.
The platform intends to motivate customers and companies to actively reduce environmental pollution through recycling and other green practises.
The project is based on blockchain technology and combines a number of marketplaces and applications to build a robust and cohesive system.
What distinguishes Ecoterra from other similar eco-crypto projects?
To begin with, it is accessible to a large number of nations and is compatible with any nation that makes use of reverse vending machines.
By the use of Web 3 technology and the Recycle2Earn programme, ecoterra offers practicality and application to daily life in addition to raising awareness about environmental changes and their effects.
By scanning recyclables on the ecoterra mobile app, users can earn $ECOTERRA by recycling things.
Users who acquire $ECOTERRA have the option to store, stake, or use the cryptocurrency to fund environmental causes such international green energy projects, tree planting, and ocean and beach cleanup.
Additionally, the platform has marketplaces for recycled goods and carbon offsets where businesses can trade and acquire recycled resources for $ECOTERRA tokens.
Investors have a rare chance to participate in ecoterra’s presale phase and maybe buy tokens at the lowest prices right now.
The presale price for the $ECOTERRA token is $0.004, and the price will rise to $0.00475 after the first stage.
CertiK has examined the platform’s intelligent agreements for security and KYC procedures, ensuring 100% verification and dependability.
The presale is still going on, so now might be the ideal time to get one of the greatest cryptocurrencies at a discount.
Optimism (OP)
At the time of writing, OP’s price is $2.258, moving 1.12% higher or lower throughout the course of the day.
The 50-day EMA is somewhat higher at $2.350 than the 20-day EMA, which is now at $2.309. The 100-day exponential moving average is further away at $2.154.
This shows that although OP has experienced brief downturns, she has maintained an upward trend generally.
The RSI for OP is 47.07, indicating a neutral market position.
This implies that neither the bulls nor the bears have fully asserted their dominance and that there is still opportunity for the price to move either way.
The MACD histogram for the present day (0.008) and the prior day (-0.008) shows a decreasing difference (-0.002).
This might be a precursor to a probable bullish crossover, which might predict an impending upward price trend.
The volume of OP has also been erratic; it is currently at 15.282 million, up from 12.065 million the day before.
The volume moving average, however, is still higher than usual at 20.426 million, indicating that the most recent increase could not yet be a sign of a long-term upward trend.
The Fibonacci 0.5 level, or $2.363, which was previously touched earlier today when OP hit an intraday high of $2.387, is the immediate level of resistance for OP.
On the other hand, the Fibonacci 0.618 level of $2.223, followed by the 100-day EMA at $2.154, provide immediate support.
In the near future, the price movement of OP will be greatly influenced by these levels.
To make wise judgements in this dynamic environment, keep an eye on the market trends, the resistance and support levels, and both.
Forging a New Path: How Swords of Blood Elevates Play-to-Earn Gaming
The Fibonacci 0.5 level, or $2.363, which was previously touched earlier today when OP hit an intraday high of $2.387, is the immediate level of resistance for OP.
On the other hand, the Fibonacci 0.618 level of $2.223, followed by the 100-day EMA at $2.154, provide immediate support.
In the near future, the price movement of OP will be greatly influenced by these levels.
To make wise judgements in this dynamic environment, keep an eye on the market trends, the resistance and support levels, and both.
A ray of hope is provided by the ancient goddess Sentinel, who has brought back the last of the Bladebound dynasty.
Assuming the role of these revived heroes, players set out on a mission to bring Ezura back to its former splendour.
The experience that the game’s creators have created goes beyond the standard P2E offering.
The hack-and-slash combat, beautiful graphics, and varied gameplay options in Swords of Blood are reminiscent of AAA titles.
In-game assets can be traded as non-fungible tokens and seamless player interactions are made possible thanks to the game’s use of Polygon blockchain technology (NFTs).
The option to purchase SWDTKN, the game’s native token, is presently available during the game’s presale.
Tiered rewards are available during the presale, ranging from early beta access to tangible goods and in-game goodies.
It is noteworthy that the top tier has a life-sized Blood Sword that was expertly fashioned by renowned bladesmith Ben Abbott.
At the moment, SWDTKN is offered for sale for a cost of $0.054 USDT.
It’s impressive that the project has already raised $1.1 million towards its goal.
The second part of the presale is set to begin in fewer than four days, so the clock is ticking.
Robotera Is Set to Take the Metaverse by Storm in 2023; One of the Best Cryptos to Buy Now
In 2023, the metaverse will be completely dominated by a ground-breaking platform.
RobotEra, the platform, has already received an incredible $1 million, indicating a lot of investor interest.
RobotEra provides a cutting-edge platform that enables users to build lands and properties, develop NFT avatars, and provide financial incentives.
The programme centres on the notion of players rebuilding the planet Taro.
Players have the opportunity to own land, build unique homes and universes, and seize financial opportunities.
The RobotEra platform also features a decentralised autonomous organisation (DAO), which grants permission to any ecosystem participant to voice their opinions over decisions made on the platform.
For their contributions and put forth suggestions that are carried out, users might receive incentives.
To improve inclusivity and get rid of prejudice against people of a certain age, race, or social status in the RobotEra community, DAO will be integrated.
Now on presale for $0.020 USDT per token, RobotEra’s native token, $TARO, has attracted an amazing $1 million from early adopters.
The metaverse is poised to play a significant role in our lives as we transition to a digital future.
With the help of RobotEra’s cutting-edge technology, investors now have the chance to participate in a vibrant ecosystem that is poised to revolutionise how people interact in the metaverse.
The metaverse is expected to erupt in 2023, which presents a huge growth opportunity for RobotEra.