.png)
1 day ago
1
ARTICLE AD BOX
With Cardano (ADA) losing the psychological price of $1 and market correction taking center stage in Solana (SOL), FX Guys’ appeal to investors has skyrocketed as bullish momentum gets underway.
FXGuys ($FXG) Goes on a Charm Offensive as the Most Promising Crypto
By developing advanced products and tools with a touch of both decentralized finance (DeFi) and Traditional Finance (TradeFi), the FX Guys has set the ball rolling as the best crypto guide for beginners.
Having incorporated a Trade2Earn program that ushers in all traders from challenge phase to live trading, the FXGuys is in high gear to onboard more players into crypto trading.
How strategic is the Trade2Earn initiative? Well, its intended to cement traders’ prowess and confidence by enabling them to earn $FXG tokens irrespective of outcome.
This ensures wealth creation over time, whereas at the same time boosting trading talent.
Long-term consistent performance also doesn’t go unnoticed, thanks to the Trading Funding Program.
This initiative is meant for users who show impressive trading abilities as their accounts are topped up with $500,000, getting an 80:20 profit sharing ratio in their favor.
With FX Guys already attracting the best cryptocurrency to buy now tag, its out-of-the-box trading approach is creating a win-win situation, explaining why its elbowing Cardano and Solana.
Staking $FXG also comes to light with a 20% reward in place, making the FXGuys a formidable crypto trading platform.
Cardano’s Falls Below Major Support Zone
Cardano is among the top altcoins being outshone by FX Guys.
After dropping below the $1 price level, this price action is spelling doom for ADA, owing to heightened selling pressure.
Source: CoinMarketCap
In the past 24 hours, Cardano had shed off 16% of its value as it continues to traverse the $0.889 level.
The Relative Strength Index (RSI) also exited the overbought zone, signalling a price reversal to the downside.
ADA had been trying to breach the psychological price of $1 for three years in vain, but this fate was sealed recently after Bitcoin hit an all-time high of $99,645.
With ADA back to worrying levels, downside pressure might trigger further bloodbath as FX Guys enjoys bullish momentum.
Solana Paints a Bearish Picture
Solana finds itself in murky waters after losing 16.1% of its value in the past 24 hours, according to CoinGecko data.
Thanks to fragile investor sentiment, SOL is witnessing a momentum shift as bears continue to call the shots.
Market analyst MAC_D acknowledged, “This correction occurred due to leverage overheating, as open interest and estimated leverage ratio reached annual highs.”
Consequently, Solana’s trader behavior is being diverted as bearish divergence takes center stage.
Having lost the key zone of $250, Solana might experience intensified market correction despite the FX Guys stealing the show as a perfect guide to cryptocurrency trading.
Conclusion
Even though Cardano and Solana find themselves between a rock and hard place, FX Guys’ innovation is paying off as both retail and institutional investors join its ecosystem in droves.
For example, close to $3 million has been raised at presale, with the sky seemingly being the limit for the FX Guys.
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
English (US)