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Bullish
Top Cryptos to Buy November: XLM, SAND, TIA
After reaching an all-time high of $99,609 on November 22, Bitcoin's four-day retreat has shook the cryptocurrency market.
This profit-taking wave liquidated $250 million in leveraged bullish bets, a substantial but non-panic occurrence.
During this pullback, Stellar (XLM), The Sandbox (SAND), and Celestia (TIA) are the best cryptocurrencies to purchase.
Stellar, which facilitates rapid and cheap cross-border payments, has done well throughout the cryptocurrency surge.
After a 30% drop over four days, the token rose 16.97% in 24 hours to $0.4997.
Stellar's Open Interest (OI) fell from $339 million to $209 million, according to derivatives data.
This signals speculative activity is waning, which might affect short-term prices.
Technically, the token's overbought RSI suggests consolidation. Stellar's next move hinges on resistance between $0.45 and $0.48.
Stellar's ability to alter financial transactions makes it a top crypto for long-term investors despite short-term volatility.
SANDbox: Leading the Metaverse Revolution
The Sandbox, a metaverse platform for creating and monetizing virtual experiences, has grown in popularity as blockchain-based games and virtual worlds gain popularity.
SAND has gained 143.12% in the last month, but it has down 4.27% in the last 24 hours.
As its market value fell to $1.46 billion, so did its trading volume.
For purchasers, SAND's consolidation offers a good entry point.
Selling pressure might send the token near $0.56, so be cautious.
Celestia, a modular blockchain for scalability and interoperability, also excels.
Celestia broke over its declining trendline to trade at $8.05, up 4.45% in 24 hours.
The token's breakout over $7.27, a Fibonacci retracement level, reinforces its upward momentum.
Its RSI is overbought, signaling a cooldown, but optimistic investors may target $9.20, the next substantial obstacle.
#celestia #SAND #XLM $XLM $SAND
$TIA
After reaching an all-time high of $99,609 on November 22, Bitcoin's four-day retreat has shook the cryptocurrency market.
This profit-taking wave liquidated $250 million in leveraged bullish bets, a substantial but non-panic occurrence.
During this pullback, Stellar (XLM), The Sandbox (SAND), and Celestia (TIA) are the best cryptocurrencies to purchase.
Stellar, which facilitates rapid and cheap cross-border payments, has done well throughout the cryptocurrency surge.
After a 30% drop over four days, the token rose 16.97% in 24 hours to $0.4997.
Stellar's Open Interest (OI) fell from $339 million to $209 million, according to derivatives data.
This signals speculative activity is waning, which might affect short-term prices.
Technically, the token's overbought RSI suggests consolidation. Stellar's next move hinges on resistance between $0.45 and $0.48.
Stellar's ability to alter financial transactions makes it a top crypto for long-term investors despite short-term volatility.
SANDbox: Leading the Metaverse Revolution
The Sandbox, a metaverse platform for creating and monetizing virtual experiences, has grown in popularity as blockchain-based games and virtual worlds gain popularity.
SAND has gained 143.12% in the last month, but it has down 4.27% in the last 24 hours.
As its market value fell to $1.46 billion, so did its trading volume.
For purchasers, SAND's consolidation offers a good entry point.
Selling pressure might send the token near $0.56, so be cautious.
Celestia, a modular blockchain for scalability and interoperability, also excels.
Celestia broke over its declining trendline to trade at $8.05, up 4.45% in 24 hours.
The token's breakout over $7.27, a Fibonacci retracement level, reinforces its upward momentum.
Its RSI is overbought, signaling a cooldown, but optimistic investors may target $9.20, the next substantial obstacle.
#celestia #SAND #XLM $XLM $SAND
$TIA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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