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Many altcoins are showcasing strong technical indicators with the quick-paced market sentiment that has recently changed towards the positive due to the bullish performance of Bitcoin (BTC) and Ethereum (ETH) in recent days.
Using the most utilized 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, Finbold has compiled the list of best cryptos to buy right now.
This ‘trending up’ list considers all the previously mentioned indicators and fundamental factors to fuel the argument for each pick.
At the ‘bullish’ 89 ratings each, the first place is shared by Secret (SCRT) with a price of $0.4146 after a 14% increase in the past week, and Artificial Liquid Intelligence (ALI) at $0.02295 following a 7.32% growth in the previous 7 days. SCRT boasts a privacy-centered approach for users, while ALI has managed to merge AI and blockchain technology for interesting results.
The second spot goes to Loom Network (LOOM) at a tally of 88, which is focused on delivering developers the scalability and usability required to construct high-performance dApps. In third place with a score of 87 is Elastos (ELA), which combines a unique blend of blockchain, decentralized internet, and secure operating systems technology.
At fourth place, with a count of 73 overall, is Gods Unchained (GODS), followed by Dusk (DUSK), at fifth place with a grade of 63. Nervos Network (CKB) takes sixth place with a mark of 61.
Mantle (MNT), with the highest market cap of $2 billion among the picks, is in seventh position with a score of 52. Ronin (RON), currently occupying 85th position by market cap, is in eighth place with a positive grade of 44. Finally, GameFi.org (GAFI) rounds up the top 10 entries with a rating of 29. It is important to note that all the entrees 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 crypto can be challenging as they are usually dispersed in various sources, and it can take time to verify their accuracy.
When they are summarized in a rating, you get an overall grade of single digital asset performance across various periods, allowing investors to conduct a thorough analysis and, therefore, minimize risks.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.