Best Crypto to Buy Today 6th January – FGHT, XMR, D2T, LRC, CCHG, HNT
US unemployment applications declined to the lowest amount in more than three months today, January 6, displaying an incredibly robust job market despite the Federal Reserve's efforts to reduce high inflation by moderating economic activity.
The Labor Department revealed that applications for unemployment assistance decreased by 19,000, settling at 204,000 for the last week of December. In addition, the payroll processing company ADP reported that the US gained 235,000 jobs, surpassing predictions.
The latest jobs data for December has caused an uptick in U.S. stock futures so far today, as the economy added more jobs than anticipated. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite have all seen increases in futures, with the S&P 500 and Dow rising by more than 1.6% and the Nasdaq climbing by 1.7% as of writing.
Meanwhile, the day has been slow for the cryptocurrency market with Bitcoin and Ethereum prices at $16,775 and $1,250 as of writing, down by 0.52% and 0.05% respectively for the day.
As unpredictable macroeconomic factors continue to drive markets, investors must diversify their portfolios to survive sudden changes in market sentiment such as labor market data releases. The following are the five best cryptos to buy today January 6, to diversify your crypto portfolio, based on their strong fundamentals and technicals.Fight Out (FGHT)
Fight Out is an in-development blockchain-integrated move-to-earn (M2E) app and gym chain that will incentivize users to get active and healthy while earning rewards and creating socially motivated fitness communities both locally and online. The Fight Out app will allow users to create personalized workout plans, track their progress, and join challenges with other members of the community.
Fight Out could alter the fitness tracking landscape through its innovative use of a real-time avatar as well. Users can track their progress in strength, cardiovascular endurance, and other categories--all represented through their digital counterpart in the Fight Out .
By introducing a real-time avatar feature, Fight Out offers an interesting spin on M2E. Users can track their progress in strength, cardiovascular endurance and other categories by seeing it represented through their digital avatar within the Fight Out metaverse. These avatars will level up as users reach their fitness goals and can then be used to battle other players to earn rewards.
Fight Out will open the world's first Web3-integrated gyms, with the first one set to launch at the end of the year. These gyms will offer amenities such as workout stations, health bars, studios, and co-working spaces for members of the community to use. With Web3 integrated features like 'mirrors', Fight Out's gyms will enable users to bring their digital fitness profiles into the real world. Members will be able to monitor and track their workouts, giving them insights into their fitness progress. Experienced boxers and other renowned athletes have also teamed up with Fight Out for exclusive events at the gym locations as well as masterclass workout sessions.
As noted in the project whitepaper, the Fight Out token powers the platform by rewarding its users for performing actions such as completing workouts, growing the community, or contributing content. The tokens can then be used to purchase products, access premium content, or can be exchanged for other cryptocurrencies or fiat.
The Fight Out app will provide users with access to a wide range of personalized workout plans created by experienced health professionals tailored to their specific goals, abilities, and needs. The app also includes tools such as performance analytics and progress tracking to help keep users motivated as they work towards their fitness objectives. The app will provide content creation opportunities for members of the community so that everyone can share their stories with others.
By providing users with a fun and rewarding way to stay active and healthy, Fight Out seeks to drive wider adoption of Web3 technologies and create a more active and healthy world.
Fight Out is currently holding its presale for its FGHT token, with investors already contributing nearly $2.66 million.
This project is backed by LBank Labs, Cryptonews.com, Transak and BlockMedia Labs who are providing financial and operational assistance. With a presale bonus of up to 50% and ground floor pricing in its first presale stage, FGHT is an excellent crypto to buy today before the presale price increases in its second stage.
Visit Fight Out NowMonero (XMR)
XMR has been on a healthy uptrend for the past few weeks with the cryptocurrency up by 8.19% since December. Checking its weekly timeframe charts reveals that the RSI is making a move to finally break above the significant level of RSI 50. The last time it was around this level was back in May 2022.
If it successfully closes above by the end of the week, more bullish action for the cryptocurrency is likely in the short term at least. Taking a closer look at the daily timeframe also reveals that the EMAs for XMR are currently in a bullish alignment, with XMR price trading above the short to long-term 20-day, 50-day, and 100-day EMAs.
XMR's price is trading at $153.8 as of writing. Its next target price is the previous resistance of $160 where the price was rejected back in November, with $150 being its immediate support.Dash 2 Trade (D2T)
Dash 2 Trade's upcoming release in early 2023 is considered a game-changer for crypto trading. From its comprehensive range of features that allows traders to have full observation and supervision over their investments, to its invaluable resources that guide users in making savvy decisions to maximize returns on investment, Dash 2 Trade stands out from the competition with a comprehensive suite of tools.
Dash 2 Trade's platform not only gives novice traders the power to make informed decisions, but also offers more experienced investors a chance to hone their strategies and capitalize on automated trading with exchange APIs. Additionally, all users can be confident in investing early in some of the most promising tokens thanks to its token presale scoring system.
Dash 2 Trade stands poised to revolutionize cryptocurrency trading, with its real-time surveillance of sentiment, automated trading tools, and advanced analytics. The platform will also have an impressive following from the get-go due to parent company's existing Learn 2 Trade's international membership base - comprising more than 70 000 traders. To ensure that Dash 2 Trade continues to provide a highly user friendly experience; they solicit feedback from customers on an ongoing basis. Get ready for a revolutionary new way of crypto currency trading!
Dash 2 Trade's presale has already sold out but because of high demand and the opportunity to raise more funds for additional exchange listings and quicker product rollouts, they are offering up to an additional $2 million worth of tokens until the launch of the exchange listing. Thanks to this presale success, Dash 2 Trade will have a healthy runway for their platform to take off, having raised nearly $14 million and counting.
Visit Dash 2 Trade NowLoopring (LRC)
LRC is off to a great start this year with the cryptocurrency up by more than 5% for the week. LRC's price is trading around the level of support that was established back in July 2021 as traders are looking for a possible bounce around this area and reversal to the upside.
LRC is trading at $0.2008 as of writing and is up by 0.86% in the past 24 hours. It's trading around the previous support area turned resistance between $0.1982 to $0.1989. If this area holds as a support, the next immediate resistances are the 20-day EMA at $0.2037 and the resistance range of $0.2090 to $0.21.C+Charge (CCHG)
Investors have a unique opportunity to join forces in the fight against climate change through C+Charge's public presale. This peer-to-peer payment and charging information platform will provide users with carbon credits, making electric vehicle charging more accessible, convenient and efficient for all drivers. By investing now, you can be part of this cutting-edge solution that is working towards mitigating global warming effects before it’s too late.
By leveraging blockchain technology and EV charger network information, the C+Charge Network is helping bridge the divide between autonomous charge points and electric vehicles. Not only are they addressing issues such as inadequate charging points, complicated pricing models, and lack of information but they're also enabling a more efficient charging system that will allow EV drivers to access emissions-free travel more easily while earning rewards.
Investors can take advantage of C+Charge's presale and purchase tokens at a discounted rate starting at $0.013 USDT per token. Prices will begin rising in the following three stages up to their eventual cost of $0.02350--so now is your chance to snap them up before they become more expensive later on.
Visit C+Charge NowHelium (HNT)
HNT has experienced an increase in volatility in the first trading week of the year as the cryptocurrency is up by 19.46% as of writing. HNT is trading at $1.804 after it once again made an attempt to break the psychological resistance of $2 earlier today.
After having long wicks yesterday and today, it is evident that the selling pressure for this crypto is strong around the $2 area. The price must hold above the daily 20-day EMA and the support area of $1.76 to $1.78 if HNT is to continue its move to the upside. Otherwise, the next immediate support is at $1.60.