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February has seen a slump in crypto investments, which is not uncommon in the market, as the January boom has come and gone. Just like supermarkets and retail stores, January presents an opportunity for crypto firms to offer discounts and affordable investments for their prospective clientele. As the first financial quarter gets underway, we are going to take a look at two of the major players — Bitcoin (BTC) and Binance (BNB) — as well as give some insight into some lesser-known altcoins that might prove to be advantageous investments, such as Big Eyes Coin (BIG).
According to CoinMarketCap, the price of Bitcoin (BTC) was $23,293 as of Monday's US session and has decreased by 0.50% over the past day. As per the CoinMarketCap rating, it occupies the top spot with a $15 billion 24-hour trading volume. Last but not least, it has a $449 billion market capitalization.
Bitcoin is now selling near the $22,700 trading range and has been on a recent downward trend. The price is expected to slide further if it breaches this level, and it may finally settle at $22,400. This price is highlighted by an ascending trendline and may serve as a possible support level.
The value of BTC may drop below $22,350 as its subsequent low point of selling pressure increases, as indicated by technical analysis tools like the RSI and MACD.
According to the daily chart, the BNB value has been on a significantly bullish trend for the last three weeks. Binance Coin (BNB) has risen above both the short-term and medium-term rising averages throughout this time. The RSI has fallen below the overbought level while the 25-day and 50-day trend lines have produced a positive crossing.
The crucial resistance level at $314, which was the highest peak on November 27, has also been retested by Binance Coin. As buyers aim for the crucial resistance level around $350, the currency will thus probably have a bullish breakout. A decline below the $250 level of support will render the optimistic outlook worthless.
A great low-risk option for your portfolio is Big Eyes Coin (BIG). The presale for the cat-themed meme currency — which has already garnered an incredible $25.5 million — is presently available for a low price. The presale for the currency is currently in its ninth stage. Investors will be able to purchase and resell the tokens at a significantly greater price after they are introduced. Now is the ideal moment to invest because it is anticipated that prices would rise right after introduction.
Big Eyes Coin has a wide range of DeFi projects and solutions that appeal to its rapidly expanding community. The team has announced a 200% launch bonus since the Big Eyes Coin presale has lately grown stronger. Simply enter the promotional code LAUNCHBIGEYES200 at checkout to participate.
Users may connect their cryptocurrency wallet to Big Eyes Coin's new calculator function on its website to view the potential profits of their purchases. If someone buys a certain quantity of Big Eyes, they can examine the value of the transaction in the event that its value rises.
Big Eyes Coin, with its excellent presale and fantastic launch bonus, appears to be a winner among these crypto standouts.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
