Bitcoin has succeeded in trading above $45,000 since April 2022. The largest cryptocurrency by both market cap and price is the most anticipated cryptocurrency right now. Many investors are waiting to see where Bitcoin price could settle after halving this year. However, Bitcoin is currently trading below its support level today, while Immutable is still on a struggle to reach another all-time high. In other news, Meme Moguls’ price increases as it begins a new presale stage.
Bitcoin (BTC) Trades Below Support Level Today With a Comfortable Price Above $45,000
Bitcoin (BTC) has increased optimism in the general crypto market as it has maintained a price above $45,000. This hasn’t happened since 2022 so a lot is expecting another bull run from here onwards. Subsequently, the Bitcoin price remains bullish for the new year.
While Bitcoin shows a further bullish tendency, the recent below-support price of BTC might turn out unfavorable depending on market dynamics.
As of today, January 3rd, Bitcoin is trading a little over $45,100 but if Bitcoin doesn’t cross its support price of $45,740, its price may not improve significantly this month. But on the upside, Bitcoin is anticipated to increase exponentially before April, maintaining its value as one of the best cryptocurrencies to invest in.
Immutable (IMX) Make Resilient Struggle as it Aims Another All-Time High
The last time Immutable saw an all-time high was 26 November 2021, reaching a peak price of $9.52. Ever since then, the IMX price has struggled to make another all-time high but to no avail.
It’s the start of a new and Immutable is trading a little above $2. Since the IMX price dropped from $9.52 to $1.40 in February 2022, it has been unable to reach $3 up to date. However, Immutable does show promise this new year.
The Immutable ecosystem is a dynamic one that supports Web3 games at its core. Considering the possible high surge of Web3 game adoption this year, Immutable may be able to get halfway into reaching a new ATH.
Meme Moguls (MGLS) Increase Native Token Price Amid New Presale Launch
Meme Moguls is a new crypto gem, a meme coin set to revolutionize the stereotype of meme coins by ushering in an avenue for meme coins to be used for various utilities that enable trading and gameplay, posing it as the new best crypto investment.
The platform, despite not being launched yet, shows a lot of promise, it is selling out at record speed, now entering its 4th presale. From its first stage, Meme Moguls’ native token, $MGLS has moved from its initial price of $0.0019 to $0.0027 now.
Meme Moguls’ 4th presale just commenced but is already selling out fast. What invites investors and the likes to this token is its uniqueness as a play-to-earn token.
What stands MGLS out as the new best crypto investment is how it revolutionizes the learning of investment strategies through interactive simulated trading games, creating a vibrant community where users can challenge friends in exciting head-to-head contests.
Meme Moguls stands out from typical meme coins by incorporating $MGLS as both an in-game currency and a governance token, adding depth to the ecosystem and increasing the potential for Meme Moguls to become the new best cryptocurrency to invest in when it launches.
