Sentiment in the cryptocurrency markets improved slightly on Tuesday. Markets are getting a modest boost from the resumption of rates in China, as authorities there shift their focus to increasing vaccination against covid-19 among vulnerable groups.
This will be a long-awaited shift in policy, which some hope will be a prelude to a departure from the country's strategy to combat covid, which has been devastating for global markets.
The total market capitalization of the last cryptocurrency was just over 1.5%, slightly above $790 billion. Bitcoin last changed hands in the middle of $16,000 and is just below the 21-day moving average (DMAA) at $16,500, having risen about 1.0% on Tuesday. Ethereum, the second largest cryptocurrency in the world by market capitalization, approached 3.5% after exceeding the $1,200 mark.
However, the prices of major cryptocurrencies are still largely fixed within recent ranges as investors anticipate important major events later this week. Much attention will be paid to US economic data and the Fed's policy prospects, as Fed Chairman Jerome Powell spoke on Wednesday, and several key data on the US labor market and inflation are scheduled to be published by the end of the week. These cryptocurrencies are doing well despite the downturn in the market.
Dash 2 Trade (D2T)
Cryptocurrency investors interested in supporting a cryptocurrency trading platform at an early but very promising stage should consider investing in the pre-sale of the Dash 2 trading token. Dash 2 trade is a world-class cryptanalytic and social trading platform. The platform offers its users a number of unique tools, including social indicators, pre-sale analytics and a strategy testing kit.
Dash 2 trading could become one of the most popular cryptocurrency trading platforms in the coming years, which could create a huge demand for the d2t token that users need to have in order to access the platform's features.
At the moment, Dash 2 trade has sold more than 85% of the available Stage 3 pre-sale tokens at a price of $0.0513, which means that the platform has raised more than $7.4 million. The price of the d2t token will be raised to $0.0533 at the next stage of the sale, which is likely to happen in the near future.
Litecoin (LTC)
The Litecoin blockchain has performed strongly over the past few weeks, despite the ongoing fallout from the sudden collapse of FTX earlier this month. Since Bitcoin will end the month with losses of about 20%, it seems likely that Litecoin will make a profit of 40%.
LTC/USD last changed by about 76% over the symbolic mark, which is almost 10% lower than last week's highs around 83.8, but still almost 60% lower than the previous monthly lows around 48 monthly. Its latest rally last week confirmed a break above 200 DB. The fact that LTC managed to find strong support at its summer 2022 highs in the upper zone of $67-70 will probably open the door for a rally to the next important area of technical resistance, around $92.
RobotEra (TARO)
Against the background of the ongoing struggle of big names such as disentraland and the sandbox, cryptocurrency investors are seeking to support new alternative Metaverse projects based on blockchain. Robotera is one of the most important growing projects of 2022. Robotera is a sandbox-style planet reconstruction metaverse that includes many game features that can be earned.
Investors should consider taking a look at the recently launched pre-sale of robotera tarot tokens. If robotera gains significant popularity in the coming years, it could lead to an increase in demand for a token that acts as an in-game currency. As of November 29, robotera has raised almost $280,000. As soon as the volume of pre-sale sales of Taro reaches $ 1.8 million, the pre-sale phase will enter the second phase, while the price of Taro tokens will increase from 0.020 to 0.025 US dollars.
Chainlink (LINK)
The chainlink link token on Tuesday overcame 200 DMA at the level of $ 7.16, as a result of which its profit over the past eight days amounted to more than 30%. The cryptocurrency has surged over the past few days after finding support in the middle of $5.00 around previous annual lows. Technical specialists will now seek to retest the next key area of upward resistance in the middle of $9.0.
Calvaria (RIA)
Large blockchain-based games, such as axi Infinity, have significantly lost popularity in 2022. As a result, many investors interested in the crypto gaming space are looking for alternative ways. A good alternative could be Calvaria, a crypto game with battle cards for beginners. Calvaria aims to promote the adoption of cryptography by creating a bridge between the real world and cryptocurrencies, a fun and accessible crypto game.
Investors should consider the issue of a pre-sale token of the cavalaria. Currently, Calvaria has raised $2.1 million and is in the final stages of the fundraising process. Only 31% of pre-sale codes remain available.
