Best Crypto to Buy Now 18 July – FLEX Coin, Chainlink, Sui
After reaching a 13-month high of $31,800 on Thursday, Bitcoin has pulled back over the last couple of days and is now facing resistance around $30,000.
The leading cryptocurrency by market cap is currently trading at $29,551, down 2% so far today.
The broader cryptocurrency market cap has also fallen by 0.85% to $1.16 trillion. After hitting an intraday low of $1.151 trillion, the market is currently recovering slightly above the 20-day EMA of $1.155 trillion.
This market instability has sparked conflicting opinions among investors. Some anticipate further volatility, while others see it as a chance to capitalize on potential gains.
Amidst this market uncertainty, Flex Coin, Evil Pepe Coin, Chainlink, BTC20, and Sui are some of the best cryptos to buy now due to their robust fundamentals and/or favorable technical analysis.
Flex Coin (FLEX) has continued to illustrate a bullish sentiment, recording a considerable uptick of 27.44% so far in today's trading session.
Flex is currently outperforming the broader cryptocurrency market, breaking away from its past consolidation phase.
This heightened activity is the result of FLEX rebounding off the Fib 0.5 level at $2.544 and the 50-day EMA on July 7.
The price is currently cruising above its 20-day, 50-day, and 100-day EMAs, at $4.258, a bullish indicator that reinforces the current uptrend.
The 20-day EMA sits at $3.275, above the 50-day EMA at $2.669, and much higher than the 100-day EMA at $2.015.
This 'bullish alignment' of moving averages signals a firm uptrend and suggests that the bulls are in control.
Another key point to note is the strengthening momentum reflected by the RSI, which is currently at 65.41, up from yesterday's 55.20.
This indicates that buying pressure is
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