Be alert!
Keep an eye on these coins.
Currently, most of the DeFi coins are experiencing a rally, as whales are heavily investing in the DeFi sector, causing their prices to surge. In this month, all of the most pumped coins are from the DeFi sector, for example, TRB, Ray, Hifi, Osmosis, etc.
But if you have missed out on these tokens, you can consider the following coins:
1. #BNT
In the last two months, there has been a high buying volume in this coin, and last month it surged 50% two times.
2. #BIFI
Bifi is not showing upward momentum; instead, it is forming a round top and bottom pattern, indicating a potential price decline to around $288. You might want to consider a short position.
3. #Multi
It is forming a symmetrical triangle on the 1-day time frame, and the RSI is at a moderate level. If it provides a breakout signal in an upward direction, it might be a good candidate for a long position.
In this analysis, I've focused on three coins that seem promising, but remember to also examine other coins in the DeFi sector. If you'd like technical analysis for any other coins, feel free to ask.
