Best Crypto to Buy Now September 22 – ApeCoin, Stellar, Litecoin

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best crypto to buy now, best crypto to buy today, best crypto

Binance is pushing again on a lawsuit filed towards it by the Securities and Change Fee (SEC) in its personal authorized submitting made on September 21.

Within the authorized submitting, Binance and its founder Changpeng Zhao allege the SEC has overstepped its authority and failed to supply regulatory readability for the crypto business earlier than taking motion towards the corporate.

Contemplating these current developments with Binance, what’s the finest crypto to purchase now?

The 60-page petition accused the SEC of trying to retroactively impose its management over the crypto market by distorting securities legal guidelines.

It acknowledged that the SEC is unlawfully in search of to increase its jurisdiction globally to transactions on overseas cryptocurrency platforms.

Binance Holdings and Zhao contend that the SEC lacks the authority to impose legal responsibility for crypto asset gross sales courting again to July 2017, earlier than the company provided public steering on digital belongings.

They argue the SEC has no professional energy over cryptocurrency exchanges and have requested for the claims to be dismissed fully.

The SEC filed go well with towards Binance, its associates, and Zhao in June, alleging the illegal supply and sale of unregistered securities.

The criticism additionally claimed that billions in buyer funds have been comingled into an account managed by Zhao.

Since then, the SEC has elevated strain on Binance, citing a scarcity of transparency. A stipulation of a current deal prevented Zhao from accessing U.S. buyer funds.

The regulatory scrutiny has considerably decreased buying and selling exercise on the Binance U.S. exchange.

Volumes have dropped over 98% since September, and a 3rd of Binance.US workers have been laid off this month, together with its CEO.

The end result of the dismissal movement stays unsure because the authorized battle between the SEC and Binance continues.

Either side await the courtroom’s ruling on the complicated points surrounding cryptocurrency rules.

Following rejection on the 100-day EMA and a slide over the past two days, Bitcoin looks to have established a floor above the 20-day exponential moving average as it currently trades at $26,629, up by 0.22% so far today.

The full cryptocurrency market capitalization can be within the inexperienced, up 0.27% to $1.035 trillion.

Whereas Bitcoin reveals indicators of stabilization after current declines, different cryptocurrencies like Apecoin, Wall Avenue Memes, Stellar, Bitcoin BSC, and Litecoin are making their case as one of the best crypto to purchase now because of their sturdy fundamentals and/or upbeat technical analyses.

ApeCoin (APE) Worth Consolidates: Will Help Maintain or Additional Drop?

ape price, apecoin price chart
Supply: TradingView / APEUSDT

The APE worth continues its consolidation above the speedy help stage, exhibiting some stability after setting a brand new all-time low of $1.059 on September 17. ApeCoin (APE) has remained in oversold territory for the previous two weeks.

Regardless of this, there may be eager curiosity in whether or not the help stage will keep and set off a possible bounce for the APE worth, or if an additional drop is on the horizon.

The APE worth’s technical indicators paint a complete image. The 20, 50, and 100-day EMAs of ApeCoin stand at $1.213, $1.448, and $1.854 respectively.

These figures point out a downward pattern within the medium to long run, suggesting that the APE worth has been underneath persistent promoting strain.

APE’s RSI has been beneath 30 for 2 weeks now, indicating that ApeCoin is oversold. Yesterday’s RSI of 24.47 has barely elevated to 26.44 at this time. Traditionally, an RSI beneath 30 usually alerts a possible worth reversal, because it means that the asset is being undervalued.

The MACD histogram for APE is at present at 0.011, a slight enhance from yesterday’s 0.009. Whereas the MACD is in optimistic territory, indicating a barely bullish sentiment, this bullish sign ought to be seen with warning.

The MACD line will not be but firmly established in optimistic territory and will simply cross into destructive territory with additional downward worth motion. Different technical indicators are additionally portray a bearish image for APE.

A consolidation of the MACD line above zero and enchancment in different indicators could be wanted to offer stronger confidence in a possible bullish pattern reversal.

By way of quantity and market cap, ApeCoin’s market cap has elevated by 0.72% to $412.1 million, whereas the 24-hour buying and selling quantity has declined by 24.01% to $35.5 million.

This lower in buying and selling quantity may imply fewer merchants are keen to promote at present costs, presumably indicating a slowdown in promoting strain.

The APE worth is at present at $1.118, up by 0.72% thus far at this time. Although it is dealing with speedy resistance on the 20-day EMA of $1.213, a extra vital resistance zone lies between $1.280 and $1.333, converging with the reverse Fib 0.236 stage of $1.311.

ApeCoin is at present testing help within the $1.059 to $1.107 zone. This space represents a important technical stage, as a breakdown beneath may set off elevated promoting momentum.

If ApeCoin is unable to seek out shopping for curiosity on this zone, it dangers coming into worth discovery mode to the draw back with no clear help ranges beneath.

On the flip aspect, if ApeCoin can maintain help right here and stage a rebound, it might be a optimistic technical sign and will spark an upside worth reversal.

Bulls will need to see sturdy shopping for quantity are available to defend this space and stop a breakdown.

The flexibility of ApeCoin to carry above $1.059-$1.107 within the periods forward will give necessary clues as as to whether the current downtrend will proceed or if the bears could also be dropping management.

Meme Kombat: The Tokenized Area Sport That Combines Memecoin Nostalgia and P2E Gaming

The very best crypto to purchase now usually combines a number of standard ideas into one.

That is the case with the newly launched presale for Meme Kombat – a brand new meme coin that merges play-to-earn gaming, staking rewards, and meme coin nostalgia multi function decentralized software.

Meme Kombat’s token presale for $MK rapidly grabbed the eye of key gamers within the crypto business, together with the big Crypto Whale Pumps group on Telegram.

Meme Kombat seeks to distinguish itself from other meme coins that spike and crash by constructing a tokenized gaming platform with long-term enchantment.

Gamers can battle characters modeled after standard meme cash and wager $MK tokens on match outcomes.

Past betting, customers can stake $MK to earn yields of as much as 112% APY paid in further tokens. The extra a person engages on the platform, the upper their staking rewards. Of the 12 million $MK provide, 30% is allotted to staking payouts.

The mission is led by Matt Whiteman, Chief Operations Officer of NFT analytics platform North Applied sciences. The workforce plans to disclose itself totally over time and has handed a sensible contract audit by Coinsult.

Meme Kombat’s roadmap contains launching its full platform in This fall 2022 after the presale concludes, then introducing leaderboards, new battles, and rewards over seasons 1 and a pair of in 2023.

With meme cash sustaining power even amidst crypto winter, Meme Kombat presents a brand new twist by merging P2E gaming with meme coin nostalgia.

For those looking for the best crypto to buy now, Meme Kombat checks plenty of containers.

Visit Meme Kombat Now

Bearish Bias for Stellar (XLM) Worth because it Breaks EMA Ranges

xlm price, stellar price, xlm stellar price prediction
Supply: TradingView / XLMUSDT

Stellar (XLM) has been on a prevailing downward trajectory after dealing with rejection from the Fib 0.618 stage of $0.1342 on September 11.

The XLM worth has damaged down from key Exponential Moving Average (EMA) ranges and is at present buying and selling at a beforehand vital help zone.

This zone is in confluence with the Fib 0.786 stage of $0.1169, creating a possible pivot level for the XLM worth.

The XLM worth’s technical indicators present a deeper perception into the market circumstances.

The 20, 50, and 100-day EMA for Stellar stand at $0.1201, $0.1231, and $0.1198, respectively. The XLM worth is at present beneath these EMA ranges, indicating a bearish bias within the medium time period.

The RSI for the Stellar worth is at present at 38.54, barely up from yesterday’s 37.99. The RSI is at present within the impartial zone, although it’s leaning in direction of the oversold territory.

An extra lower in RSI could point out elevated promoting strain, whereas a rebound may sign a possible restoration within the XLM worth.

The MACD histogram stays unchanged from yesterday at -0.0007. The MACD is at present in destructive territory, additionally signaling a prevailing bearish momentum.

Stellar’s market cap has elevated barely by 0.21% to $3.15 billion, whereas the 24-hour buying and selling quantity has considerably decreased by 52.40% to $49 million.

This lower in buying and selling quantity suggests a slowdown in promoting strain and will probably point out a consolidation section for the XLM worth.

The present XLM worth is $0.1141, exhibiting a slight uplift of 0.26% thus far at this time. The speedy resistance for Stellar is the 100-day EMA of $0.1198, intently adopted by the 20-day EMA of $0.1201.

If the XLM worth can break above these ranges, it may probably set off a bullish reversal.

Stellar finds its speedy help on the horizontal zone of $0.1122 to $0.1168, which can be in confluence with the Fib 0.786 stage of $0.1169.

If this help stage fails to carry, the following potential help lies within the vary of $0.1069 to $0.1089.

Whereas the XLM worth is at present exhibiting indicators of bearish momentum, the technical indicators counsel a possible for a bounce on the Fib 0.786 stage.

Merchants ought to intently monitor these ranges and indicators to anticipate the following potential transfer for Stellar’s worth.

Bitcoin BSC Presale Raises Over $4 Million; Greatest Crypto to Purchase Now

Because the cryptocurrency market stays in flux, Bitcoin BSC has carved out its personal narrative.

The presale for this new BNB Good Chain-linked cryptocurrency swelled to $4.44 million, inching nearer to its tender cap of $6.063 million.

Bitcoin BSC seeks to deliver the strengths of Bitcoin, together with its model recognition and shortage, to the quicker and cheaper Binance Good Chain.

It makes use of a proof-of-stake mannequin that rewards token holders for staking their cash, reasonably than Bitcoin’s energy-intensive proof-of-work mining.

Crypto analysts have taken discover of Bitcoin BSC’s speedy presale success. The tempo has been described as “electrifying,” with over $300,000 added in simply 10 hours on September 20.

Buyers appear desirous to get in early earlier than the general public itemizing, hoping for vital returns post-launch.

Past potential income, Bitcoin BSC’s staking rewards are additionally attracting long-term buyers. Token holders can earn annual yields as excessive as 117% by staking their cash.

The presale worth of $0.99 mirrors Bitcoin’s worth again in 2011, main some to invest whether or not Bitcoin BSC can emulate even a fraction of Bitcoin’s historic development.

In fact, as with all cryptocurrency funding, rewards include dangers. Nevertheless, Bitcoin BSC’s staking mannequin and strategic launch on the Binance Good Chain could present benefits over different cryptocurrencies.

Because the crypto market heads towards the 2024 halving and with optimistic forecasts for Bitcoin, analysts predict renewed mainstream curiosity in Bitcoin and associated cryptocurrencies like Bitcoin BSC.

Visit Bitcoin BSC Now

Resistance Zone Forward: Can Litecoin Break By means of?

litecoin, ltc, ltc price prediction
Supply: TradingView / LTCUSDT

Litecoin (LTC) has been in a interval of consolidation for the previous 35 days. The LTC worth is at present testing the 20-day EMA for help.

An in depth beneath this stage may probably set off a retest of its vary low help between $57.74 to $58.83.

The 20, 50, and 100-day EMAs for Litecoin at present stand at $64.39, $69.50, and $75.80, respectively.

The LTC worth is at present on the similar stage because the 20-day EMA, indicating a important level for the cryptocurrency.

If the LTC worth manages to carry above this dynamic help zone, it may point out a potential bullish reversal. Nevertheless, an in depth beneath this stage would possibly counsel a continuation of the downtrend.

LTC’s RSI is at present at 46.94, barely down from yesterday’s 47.68. This implies that the promoting strain and shopping for strain are virtually balanced, and the LTC worth is in a state of consolidation.

The MACD histogram is at present at 0.77, down from yesterday’s 0.88. This implies a lower in bullish momentum for the LTC worth.

Merchants ought to watch this indicator intently as a result of an additional decline would possibly sign a rise in bearish momentum.

At the moment, the LTC worth stands at $64.39, down by 0.46% thus far at this time. The LTC worth faces speedy resistance within the horizontal zone of $68.88 to $70.70.

This resistance zone can be in confluence with the Fib 0.236 stage of $69.88 and the 50-day EMA of $69.50.

A break above this resistance zone would possibly point out bullish momentum for the LTC worth.

On the draw back, the speedy help for the LTC worth is the 20-day EMA at $64.39, the place it’s at present buying and selling.

If the LTC worth closes beneath this stage, it may probably retest the following help zone of $57.74 to $58.83.

The LTC worth is at a pivotal level, and the end result of the 20-day EMA will seemingly play a job in figuring out the longer term course of the LTC worth.

Merchants ought to hold an in depth eye on these ranges and the technical indicators to anticipate the following potential transfer for Litecoin.

Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You might lose your whole capital.

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