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BIFI Price Prediction BIFI Gains 16% Today But These 2 Coins Could Make 100x Gains

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The global cryptocurrency market has not been performing well over the past 24 hours, as the total market capitalization of cryptocurrencies has fallen by 1.6% to $832 billion. Most coins are standardized, but that hasn’t stopped Beefy Finance (BIFI) from breaking away from the broader market and making a rally of its own. In the last 24 hours, BIFI has gained 15.8%, and is trading at $368 at the time of writing.

BIFI price prediction

BIFI is bullish today and has outperformed most of the cryptocurrency markets over the past day. In the past 24 hours, the coin has shown a significant increase in volatility after trading in the range of $311 and $456. The token reported trading volumes of over $29 million in the last 24 hours.

BIFI’s high volatility and gains over the past few days have attracted profit-taking cryptocurrency investors. Therefore, the token is showing signs of a correction as these traders exit the market due to fear of a price correction.

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If the bulls get stronger, BIFI is likely to rally towards the $400 level again. The rally to this level is likely attributed to intense buying pressure as cryptocurrency traders shift their attention away from the consolidated tokens and focus on those that show significant gain potential.

However, the bears are also getting stronger, given the lack of market support. Traders who bought during the pump can start dumping to keep profits. This could lead to a drop in the price of BIFI which would send the token below $350. If the selling pressure persists, BIFI will drop and possibly lose its hold at $300. The critical support is in the $310 range.

BIFI price chart

The BIFI price chart shows a significant increase in the price of the token after a long period of consolidation. However, this sharp rally was soon followed by a sharp decline as the bulls were unable to sustain the price above $400.

The coin has an RSI of 52, which is a neutral level between buyers and sellers. However, the RSI movement shows that the buyers are losing their grip. Further declines are expected if BIFI drops below $350.

The MACD line also shows a sharp reversal. The bullish notion will be erased if the coin drops below $300.

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Altcoin alternatives to buy today

If you’re buying BIFI at the pump, you should consider diversifying your portfolio with some of the best presales happening today. Some pre-sales that can generate 10x gains are Dash 2 Trade and FightOut.

Dash 2 Trading

Dash 2 Trading It is a crypto intelligence platform that is set to become Bloomberg’s cryptocurrency depot. The platform is scheduled to be launched in early 2023, and will allow cryptocurrency traders to get proactive information that will help them make profitable trades.

The Dash 2 Trade pre-sale is selling out quickly, and has raised over $11.18 million to date. 84% of the tokens are pre-sold, and there are only nine days left before the pre-sale closes. D2T’s first CEX launch will be on January 11th, resulting in big gains for investors.

Fight

The other major show going on today is for Fight. FightOut is a move-to-earn platform that strives to offer a holistic approach to fitness through Web3. FightOut removes the barrier to entry for M2E platforms, which are usually expensive non-fungible tokens (NFTs).

The FightOut pre-sale started recently, but investors are already rushing to invest in the token. The pre-show raised over $2.43 million. There is a 50% bonus for the first investors, which will expire after raising $5 million.

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FightOut (FGHT) – the latest money-making project

symbolic fight
  • CertiK is audited and CoinSniper KYC verified
  • The early stage pre-sale is now live
  • Earn free crypto and learn about your fitness goals
  • LBank Labs project
  • Partnership with Transac Block Media
  • Staking bonuses and rewards

symbolic fight


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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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