Monero (XMR) and Cronos (CRO) Rises As Sparklo (SPRK) Price Expected to Skyrocket in 2023

2022 has been quite an eventful year for the cryptocurrency sector. The first half of the year was ugly as the crypto space was swept by several uncertainties, such as the Terra/LUNA collapse, the Russia/Ukraine war, and the recent FTX collapse.

Anyway, cryptocurrency is here to stay, but investors must learn to research the correct token for investment. Monero (XMR) and Cronos (CRO) are rising, but analysts predict that Sparklo would be the best investment for 2023 since it is expected to experience a price surge in the coming months.

Monero (XMR) Price Surging After The Recent Downtrend

In June, Monero (XMR) token had a false bearish breakout, leading to a rally resulting in an all-time high of $174.2 in August. Since the middle of July, the price of Monero (XMR) token has ranged between $135.2 to $167.5, with $154.1 as its midpoint. By November 9, the price of Monero (XMR) fell from this range, shifting the focus to a bearish structure.

The current price of the Monero (XMR) token is $134.29, and the Relative Strength Index is currently below the neutral level, which suggests a bearish market structure. Analysts predict that if a breakout to the downside continues, the Monero (XMR) could drop to a low of $104.1.

But, irrespective of these technicals, the Monero (XMR) chart shows that Monero (XMR) token has been on gains for the past weeks. According to data from CoinMarketCap, Monero (XMR) tokens had a 13.3% price increase in the past 14 days, followed by a seven-day price increase of 1.5%. Analysts predict that the Monero (XMR) token could experience a false bearish breakout, resulting in a rally pushing the price to around $151.4.

Cronos (CRO) Weakness Continues, But Analysts Predict Price Turnaround

The Cronos (CRO) token has been on a downtrend since November, when it lost more than 40% to currently trade at $0.066. Over the past seven days, Cronos (CRO) token lost 6.4% of its value, and the November chart of Cronos (CRO) token shows congestion of price between the $0.1020 and $0.1250 area. This was supposed to be a reasonable basis for a price rebound, but it didn’t happen.

Cronos (CRO) token is currently consolidating around its price level, and analysts believe that a positive price turnaround awaits investors of the token. Cronos’s (CRO) market capitalization is $1,653,801,379.38, and $20 million worth of Cronos (CRO) was circulated in the past 24 hours. Analysts put an average risk assessment on the token when Cronos (CRO) price movement is compared to the market cap and volume changes.

Sparklo (SPRK): Top Alternative Investment For 2023

Sparklo aims to be the first alternative investment platform to let users and investors trade in NFTs. Real-world luxury items like gold, silver, and platinum will back these NFTs. The NFTs will either be fractionalized or minted, and a complete purchase of an NFT would result in the delivery of the assets to the investor’s location.

To ensure the safety of investors, the Sparklo token was audited by InterFi Network. Sparklo will lock its liquidity for 100 years while ensuring that the team’s token will be closed for 1,000 days. Analysts believe Sparklo has a high growth potential making it a potential blue-chip cryptocurrency.

Analysts predict Sparklo to outperform many other top cryptocurrencies in the coming months. When you purchase Sparklo at its current price of only $0.013, it is possible to get immense gains in the coming months.

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Buy Presale: https://invest.sparklo.finance

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