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The FTX liquidity event has proven to have an impact on many crypto investors’ decisions lately. Few coins are currently making gains in value, even though many crypto investors are concerned about FTX’s solvency. However, this is just one of many issues to discuss in the crypto crisis.
CRO, SOL, XRP, and LDO are looking into filling up the liquidity pool created by the sellers, which brought about a heavy decline. GMX is currently still building strong momentum in response to buying opportunities.
Cronos (CRO/USD)
The bulls are building up strong momentum following selling rejections close to the $0.0520 key zone. The buyers are more likely to break through the $0.0780 keystone in the coming days as the Chainkin money flow is close to crossing back to the positive region.
Cronos (CRO/USD)
Current Price: $0.075
Market capitalization: $2B
Trading Volume: $210M
7-day gain: 8.3%
Ripple (XRP/USD)
The ripple traders are aiming for buying opportunities to hit back at the $0.41900 key zone. However, the parabolic SAR (stop and reverse) indicator is still showing bearish strength as the decline is still likely to continue.
Ripple (XRP/USD)
Current Price: 0.3791
Market capitalization: $38B
Trading Volume: $2B
7-day gain: 9.33%
Solana (SOL/USD)
The buyers are currently fighting back on the Solana price following its current plunge. The bulls are still planning to react back at the $18.720 key zone before the selling disposition continues. The RSI (relative strength index) is still registered on the sell side.
Solana (SOL/USD)
Current Price: $14.50
Market capitalization: $7B
Trading Volume: 1B
7-day gain:7.4%
GMX (GMX/USD)
The buy traders are currently challenging the selling force as the bulls are now determined to push back to the $48.930 key zone. The Chaikin Oscillator is still positive as the bullish ride continues.
GMX (GMX/USD)
Current Price: $43.93
Market capitalization: $3.7B
Trading Volume: $30M
7-day gain: 3.34%
Lido DAO (LDO/USD)
Following the sales decline, the buyers are now making attempts to rally. The token price has broken beyond the parity level as we anticipate more buildup in the coming days. However, the RSI is still selling at the moment.
Lido DAO (LDO/USD)
Current Price: $1.14
Market capitalization: $6B
Trading Volume: $28M
7-day gain: 9.9%
The Best Time to Purchase Dash 2 Trade (D2T)
This is an excellent opportunity to purchase D2T tokens, in part because CZ of Binance has already proposed an industry recovery strategy for crypto companies. So far, the Dash 2 Trade presale has generated about $6.5 million.
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