Crypto

Biggest Crypto Gainers Today December 24

12/24/2022
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‘Tis the season and as families gather around the world to spend the holidays together, crypto investors are hoping that the market would present a Santa rally. Bitcoin (ETH), Ether (ETH) and other major crypto assets are trading close to key resistance levels. The global crypto market cap is up 0.01% to $810.5 billion over the last 24 hours.

The pioneer cryptocurrency Bitcoin has risen 0.18% in the last 24 hours to trade at$16,838. The largest altcoin by market capitalization Ethereum was up 0.17% to $1,219.53 over the same period. 

Leading the biggest crypto gainers today were Osmosis (OSMO), Decentraland (MANA) and Stacks (STX) which were up 4.73%, 4.48$ and 3.37% respectively. 

Biggest Crypto Gainers Today

Biggest Crypto Gainers Today
Source: CoinMarketCap

Other altcoins such as Fightout (FIGHT), Dash 2 Trade (D2T), Calvaria (RIA), and RobotEra (TARO) are performing well in presales with a possibility of delivering 20x gains in 2023. Market participants could look at these top performers for a chance to multiply their investments.

Biggest Crypto Gainers Today Show Upside Potential

Stacks (STX) 

The first amongst out biggest crypto gainers today is Stacks whose price bounced off the $0.22 psychological level on December 20 as bulls sought to recover last week’s losses. The latest uptick saw the Layer-1 token rise to a high of $0.262 during the Asian trading hours on Christmas eve. 

STX’s recovery has been noticed by crypto Twitter with one anonymous user identifying himself with the pseudonym @ey_pablo saying that Stacks was the most bullish project at the moment. 

Such positive sentiments around STX are likely to propel the price higher. As such, the Stack price may rise from the current levels to confront resistance from the 50-day simple moving average (SMA), currently sitting at $0.25. Overcoming this barrier could see the altcoin rise to tag the 100-day SMA at $0.284 before climbing higher to tag the $0.32 range high.

Such a move would bring the total gains to 36.81%. If this happens, it would mean a total retracement to $0.32 with bulls recovering all losses incurred since December 13. 

STX/USD Daily Chart

Stacks Daily Chart
TradingView Chart: STX/USD

On the downside, the moving averages were facing downwards and the Relative Strength Index (RSI) was positioned in the negative region. The price strength at 44 suggested that the bears were still in control of the price.

The bears will now attempt to pull the price toward the $0.22 psychological level with the downward target set at the $0.21 support floor. 

Osmosis (OSMO)

Similarly, the Osmosis price bounced from a critical support floor and now trades in a third straight bullish session at $0.731. The recent uptick took the OSMO price 26.53% high to reach a high of $0.92 on December 24. 

The RSI was moving upwards away from the oversold region, an indication that the downtrend may have run out of steam. Even though Osmosis is bullish, it would need support from the wider market to overcome overhead pressure from a stubborn supply zone defined by the 50-day SMA at $1.01, the 200-day SMA at $1.028 and the 100-day SMA at $1.13. 

Traders would motive that the dynamic resistance from these moving averages has been suppressing the price since November 12, in the aftermath of the FTX/SBF/Alameda Research fiasco. Overcoming this resistance would see a return to the $1.2 psychological level.

OSMO/USD Daily Chart

Omosis Price Chart
TradingView Chart: OSMO/USD

Conversely, the moving averages were facing down and the RSI was still positioned in the negative region, an indication that there were still more buyers than sellers in the market.

As such, a daily candlestick close below the immediate resistance at $0.73 would see the Osmosis price lose a support line that held strong for the past 6 months. If this happens, it would trigger massive sell orders that could see OSMO record lower lows.

FightOut

FightOut is committed to dominating the move-to-earn (M2E) space through the provision of intensive workout routines that keep the player “fighting fit.” A wide selection of workouts is available on FightOut, giving you options to participate and excel.

Gamers can earn FightOut’s in-app currency, $REPS, by completing routines remotely or at local FightOut gyms. The earned tokens can be traded for membership discounts, a health bar, or training gear. Another way to earn $REPS is by purchasing using $FGHT tokens, which are available in FightOut’s ongoing presale event.

FGHT makes our list of biggest crypto gainers today because the ongoing presale is taking place at an affordable price of $0.01665002 per token with the FightOut team raising $2.3 million in just a few weeks since launching its public presale. 

As it stands, FightOut is coming up as one of the greatest presale success stories of 2022. More is expected from the team in the year 2023.

Visit Fightout here

Dash 2 Trade ( D2T)

Dash 2 Trade introduces an amazing ecosystem offering a myriad of tools and features targeted at simplifying users’ trading experience while at the same time improving their results. Based on the project’s roadmap, Dash 2 Trade will go live in Q1 of 2023 providing a crypto trading platform offering features like crypto trading signals, technical indicators, and a backtesting tool.

D2T is the native token of the Dash 2 Trade ecosystem and is used for backtesting, contests, and rewarding users. Moreover, the D2T tokens are tax-free, which eliminates any entry charges into the platform, or penalties when you want to leave. 

The project presale is fast approaching its end, having raised $10.36 million so far with less than 12 days left in the presale. This sets it close to the target of $13.5 million. Less than two weeks left before the presale window closes, the Dash 2 Trade team has so far raised $10.36 million in the presale with 66.8m tokens left in the fourth and final stage.

Visit Dash 2 Trade here

Calvaria (RIA)

RIA is one of the best play-to-earn (P2E) cryptocurrencies for blockchain gaming enthusiasts. The native token for Calvaria: Duels of Eternity is RIA. The game, which takes place in a metaverse with an afterlife theme, aims to aid traders in buying non-fungible token (NFT) trading cards.

Players can build strategies to help them win battles directly. The platform’s native token, RIA, enables NFT purchases and other in-house transactions.

RIA is currently in presale and the project team has so far raised $2.54 million and is now in the fifth and final stage of the presale where less than 13% of the tokens are left. Once the presale is complete RIA will be listed on major crypto exchanges including LBank exchange and BKex IEO.

As the presale for RIA concludes, go to calvaria.io to participate.

Visit Calvaria Here

RobotEra (TARO)

Another token among our biggest crypto gainers today is RobotEra, a new play-to-earn (P2E) blockchain platform that allows for blockchain-based gaming, non-fungible token (NFT) ownership, and building and monetizing metaverse land plots. The project was launched in 2022 and its native token TARO is still in stage 1 of its presale with over $599,000 raised so far. 

Participating in the TARO presale presents investors with an opportunity to be part of the growing RobotEra community around the globe. 

For more information Visit RobotEra here.

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FightOut token
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FightOut token


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Source: https://insidebitcoins.com/news/biggest-crypto-gainers-today-december-24-stx-osmo-fght-d2t-ria-taro