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5 Best Cryptocurrency on Low Prices to Buy Right Now

5 best new cryptocurrencies to buy
5 best new cryptocurrencies to buy

What’s the best cryptocurrency on low price to buy today? The cryptocurrency market is currently fighting to grow out of its bearish trend. The week started with some impressive price moves, especially from the large-cap assets. But, how do you find the best crypto to buy now? We call them the low-hanging fruits.

With crypto investors always looking to buy low and sell high, it is only right that you find some low-priced assets with growth potential. Below, we have some of the 5 best cryptocurrencies to buy at the moment.

Best cryptocurrency on low prices to buy now

1. Buy Chiliz (CHZ)

One of the best cryptocurrency to buy now is CHZ, a leading sports token. It is an Ethereum-based token that is native to the chiliZ and Socios.com platform. Fans can purchase CHZ to acquire fan tokens on any of the platforms, although they have yet to be fully developed.

CHZ launched in April and enjoyed a relatively strong uptrend before the May downturn. After hitting an all-time high of $0.83, the asset’s price dipped and bottomed out at $0.18 on May 19. It has since been unable to break the $0.30 barrier, but it finally did so after getting listed on Coinbase Pro.

Chiliz Inu price chart June 16

The fabled “Coinbase Effect” has helped CHZ, and it is currently up 25 percent on the day. With a price peg of $0.355, it is up 97 percent from its lows in May.

Chillz also has strong technicals, with a relative strength index (RSI) of 58.14 and its price above the 20-day moving average (MA) of $0.27.

2. Buy Shiba Inu (SHIB)

The self-proclaimed “Dogecoin killer,” SHIB is a meme coin that was launched in May. We rate it one of the best cryptocurrency on low prices to buy now. It’s on our list of the best crypto with low prices to check out. After some significant price gains, SHIB suffered from an all-time high of $0.000039 on May 10. It bottomed out at $0.0000062 on May 19, and like every other coin, was unable to break through its resistance.

SHIB’s resistance for the past month has been $0.00001 – a price peg that it broke only briefly at the beginning of June. When the market turned bearish again in week 1, SHIB slumped back below that price line.

Shiba Inu price chart June 16

Like CHZ, SHIB’s current rally can be linked to its Coinbase listing. Both assets were listed on the exchange yesterday, and SHIB’s price has jumped 26 percent since then. With a current price peg of $0.0000089, it is gearing up to break its resistance once more – most likely for good this time.

Crypto investors should be fairly confident about SHIB. It has an RSI of 57.12, and its price is almost at the 20-day MA of $0.00000909. A 43 percent recovery from May’s bottom is definitely encouraging.

3. Buy Amp (AMP)

AMP is a payment collateralization token for the Flexa network. The Ethereum-based token backs payments on Flexa, allowing merchants and users to cover costs when Bitcoin and Ether payments take longer to process.

AMP price chart June 16

AMP’s price movement in 2021 has been impressive. The asset bega the year trading at $0.0068 and hit a previous all-time high of $0.07. The market downturn pushed its price to $0.02 on May 23, but its price has rebounded strongly over the past month. With a current price peg of $0.098, AMP is riding a new all-time high.

Like SHIB and CHZ, AMP’s price seems to be linked to the Coinbase Effect. The asset was listed on Coinbase listed AMP last Thursday, and its price has jumped by 50 percent since then.

Technicals for AMP are quite mixed. The asset is trading above its 20-day MA of $0.96, but an RSI of 74.36 shows that it is approaching the overbought status.

4. Buy ThorChain (RUNE)

Next on our list of the best crypto on low prices is ThorChain – an independent blockchain built on the Cosmos SDK. It serves as a cross-chain decentralized exchange, facilitating trading, especially for decentralized tokens.

Following its launch in October 2020, RUNE has done pretty well for itself in 2021. It started the year trading at $1.34, and it rose to an all-time high of 21.3 on May 19 – the same period where asset prices dipped.

Rune price chart June 16

Eventually, the May downturn affected RUNE and its price dipped to $6.19 on May 23. RUNE has been trying to reclaim its highs, but it’s not quite been able to. It hasn’t climbed above $15, and the asset has struggled to maintain bullish momentum.

This week has been quite hopeful for RUNE. Its price rose by 17 percent on Tuesday, and it is currently riding a 2.45 percent 24-hour gain to sit at $9.65.

RUNE has very strong technicals to encourage crypto investors. Its RSI stands at 47.56. Its 20-day MA is $9.85, and RUNE is expected to cross that point and begin on an uptrend later today.

5. Buy Fantom (FTM)

Last on our list of the best crypto on low prices to buy is FTM. It is the native token for Fantom – a high-performance blockchain platform. The Fantom blockchain uses Directed Acyclic Graph (DAG) technology to provide optimal scalability and instant transactions at almost no cost.

FTM was launched in July 2019. The asset has been making moves towards $1, but it hasn’t quite been able to break that point. After hitting an all-time high of $0.96 on May 10, the asset’s price dropped due to the market downturn and bottomed out at $0.184.

FTM price chart June 16

FTM has been working towards recovery, and it hit $0.40 on June 3. However, its price trajectory turned bearish again, and it is currently trading at $0.28.

While FTM might look bearish, there is a lot of upsides for the asset. Its technicals are impressive, with a 42.72 RSI and a 20-day MA of $0.30.

The Fantom developers are also working on expanding its presence across Central and South Asia. Last week, they announced a joint venture with AG Mentors Group to move into Uzbekistan, with a vision of improving the country’s IT infrastructure.

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