The BLUR price is seeing a considerable price boost from its Binance listing, elevating it to one of the best crypto to buy now.
Meanwhile, PYTH and MINA continue to show promising signs of growth and development, alongside upcoming crypto presales like Bitcoin ETF Token and Bitcoin Minetrix.
Best Crypto to Buy Now in the News
The recent listing of BLUR on Binance has opened up new trading opportunities for the cryptocurrency. After the official announcement by Binance to list BLUR, there has been a notable increase in trading volume and activity.
BLUR is receiving a near 32% boost just hours after being listed on leading exchange Binance, validating how rapid and profound the impact of exposure on top trading exchanges can be for cryptocurrencies.
Other contributing factors to BLUR’s market rise include the successful Season 2 airdrop and the launch of the Blast network.
PYTH recently closed a trading day with a 17.90% upside move. However, today’s price action suggests a potential cooling period, which could offer buyers more attractive entry points.
Mina Protocol (MINA), celebrated for its lightweight and efficient blockchain, leverages advanced cryptography and recursive zk-SNARKs to maintain a minimal blockchain size.
This unique feature bolsters Mina’s privacy capabilities and real-world connectivity, promoting a secure and democratic future in the cryptocurrency market.
Missed out on the action at Devconnect Istanbul? 📷
Catch up with our latest blog recap, featuring highlights from the event and the innovative ZK projects built on Mina Protocol.https://t.co/kPJlqfpmgn
— Mina Protocol 🪶 (@MinaProtocol) November 24, 2023
Mina’s recent involvement at Devconnect Istanbul 2023, one of the biggest Ethereum events of the year, significantly bolstered its visibility.
This included over 20 talks and workshops by Mina contributors, participation in hackathons that led to 29 Mina project submissions, and keynote presentations by Mina ecosystem partners.
The cryptocurrency Mina is on track for a third consecutive day of gains, currently trading at $0.7476 and up 8.74% so far today. This continues Mina’s attempt to break out from the trading range it has been stuck in over the past month.
Meanwhile, early-stage crypto presales like Bitcoin ETF Token and Bitcoin Minetrix are also drawing attention as potential best crypto to buy now.
While not yet fully established, these projects offer fresh Bitcoin alternatives and showcase the continuous advancements of the cryptocurrency market.
Let’s look at why BLUR, PYTH, MINA, BTCETF, and BTCMTX may deserve consideration as the best crypto to buy now.
BLUR Price Surges 31.94% After Binance Listing: Bullish Momentum Takes Hold
The BLUR price has seen a dramatic turnaround today, surging 31.94% so far and invalidating yesterday’s aforementioned potential bearish scenario.
This strong momentum comes on the heels of BLUR’s listing on Binance, demonstrating the coin still has upside potential as investors flock to newly listed cryptocurrencies.
BLUR price is currently trading at $0.6708, smashing through the immediate resistance level between $0.5327 and $0.5651.
With this breakout, BLUR appears on pace to continue climbing toward the next overhead resistance between $0.7123 and $0.7469.
The technical indicators support this bullish momentum. The 20-day EMA stands at $0.3935 while the 50-day EMA is at $0.3160, with BLUR’s price well above both averages. This shows the short-term trend overpowering the longer-term trend.
Additionally, the RSI is at 82.31, moving closer to last week’s peak of 83.22. This illustrates strong positive momentum that could invalidate bearish divergence forecasts.
Finally, the MACD histogram sits at 0.0212, increasing substantially from yesterday’s 0.0074. This growing positive value aligns with the powerful bullish sentiment propelling the BLUR price higher.
While the BLUR price faces overhead resistance ahead, the breakout past immediate resistance coupled with supportive technical indicators suggests the upside may not be over yet.
BLUR continues demonstrating its strength after listing on Binance, and the $0.7123 to $0.7469 zone appears a likely next target. With momentum rolling, BLUR has the potential to continue this ascension as long as volumes persist.
PYTH Price Reaches New Heights, Then Retreats: What’s Next for the Coin?
After reaching a new all-time high of $0.5577 earlier today, the PYTH price has seen a retracement over the past few hours. PYTH is currently trading at $0.4834, down 2.93% from its daily highs. With the PYTH price pulling back from its record level, traders are analyzing key technical indicators to determine if this is a healthy correction or the start of a deeper selloff.
The 20-day EMA for the PYTH price stands at $0.5098 while the 50-day EMA sits at $0.4819. With the short term EMA above the longer term EMA, this is typically viewed as a bullish sign. However, with the current PYTH price trading below both EMAs, this indicates some caution may be warranted at current levels.
The RSI for PYTH is 41.28, giving it room before hitting oversold territory below 30. The MACD histogram is presently at -0.00825, showing bearish momentum is building.
As the PYTH price declined today, it found support around the 50 EMA at $0.4819. This EMA aligns with the horizontal support zone between $0.4724 to $0.4814. If PYTH can maintain this support, it could stabilize and consolidate before making its next major move.
Looking ahead, the initial resistance PYTH needs to clear sits around the 20 EMA at $0.5098. Beyond that, the key test will be taking out the current swing high resistance between $0.5429 to $0.5572.
With the technical indicators showing bearish signals, traders may want to wait for PYTH to reclaim key levels before getting overly bullish again. Trading within defined risk limits seems prudent until PYTH can regain its upside momentum.
MINA Price Analysis: Bullish Momentum Builds as MINA Pushes Higher
The MINA protocol (MINA) price has seen bullish momentum today, trading up 8.74% and attempting to break out from its month-long trading range.
With MINA pushing to new local highs, traders are watching key indicators to see if this rally has further upside ahead.
The 20-day EMA for the MINA price is at $0.6305 while the 50-day EMA stands at $0.5665. With the faster EMA above the slower EMA, this is a bullish setup.
Additionally, with the current MINA price of $0.7476 trading above both EMAs, this shows strong upside conviction.
MINA’s RSI has climbed to 66.25 today, up from 60.92 yesterday and moving out of neutral territory.
The MACD histogram now shows a fresh bullish crossover at 0.0022. This improving momentum aligns with the price gains seen today.
Looking at resistance, MINA faces initial barriers between $0.6905 to $0.7298. This zone aligns with the Fib 0.382 level at $0.7298.
If MINA can push through this area, it could open up a test of the psychological $1.00 level.
On the downside, support exists around the 20-day EMA at $0.6305 and the Fib 0.500 level at $0.6905. As long as MINA holds above these levels, the short-term uptrend remains intact.
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