Best Ethereum Token To Buy For Your Retirement
The Graph (GRT)
The Graph is one of the top Ethereum tokens to buy and hold for your retirement. It is a unique crypto project developers use to access data using thousands of existing subgraphs. GRT has a staking yield of 14.60%, much higher than the 30-year Treasury yield of about 5%.
In addition to its high staking yield, the weekly chart shows that the token has been in a tight range since 2022. The accumulation and distribution indicator has been rising, a sign that smart money investors are buying the dip. The token also formed a triple-bottom pattern, with a neckline at $0.5.
Therefore, the GRT price may explode higher in the near term. The initial target is $0.5, up 133% from the current level.
Source: TrandingView
Bittensor (TAO)
Bittensor is another top Ethereum crypto to buy for retirement. It has a strong staking yield of 17.8%, making it one of the highest-yielding tokens. Bittensor is in the growing artificial intelligence industry.
TAO has also formed an ascending triangle chart pattern whose upper side is around $683. This pattern often leads to more gains. As such, a move above the upper side of the resistance at $683 will signal to more gains, potentially to the psychological level at $1,000.
Source: TrandingView
Injective (INJ)
Injective is one of the top Ethereum tokens to buy, with a staking yield of 10.67%. It is a layer-1 network focused on the DeFi industry and backed by Mark Cuban and Panterra.
The INJ price has remained above the ascending trendline that links the lowest swings since August last year. It has formed a series of higher highs and higher lows, and is above the 78.6% retracement level.
The injective price may continue rising. The initial target to watch is last December’s high of $35, which is about 53% above the current level.
Source: TrandingView
Chainlink (LINK)
Chainlink is a top crypto to stake thanks to its strong fundamentals and technicals. The most important fundamental is that it powers industries like DeFi and Real-World Asset Tokenization. It also offers a high yield of between 5% and 6%.
LINK price has formed a cup and handle pattern, is supported by the 100-day moving average, and other technicals. Therefore, there is a likelihood that the Chainlink price will rise to $50 in this crypto bull market.
Source: TrandingView
Mantra (OM)
Mantra, a top Ethereum token in the Real World Tokenization, has continued to form a bullish pennant pattern on the daily chart. This pattern, which is shown below in black, is made up of a vertical line and some consolidation. Therefore, the OM price will likely have a strong breakout, with the first target being at $4.62, the upper side of the pennant.
Source: TrandingView