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Portfolio Diversification Made Easy – 5 Essential Cryptos Recommended by Veteran Traders
As the crypto market continues to fluctuate and new opportunities emerge, it’s crucial for investors to maintain a diversified portfolio that adapts to changing trends. This article highlights five essential cryptos recommended by veteran traders, which can help you make the most out of your investment strategy.
With UNI trading between $14.40 and $19.33, showcasing a remarkable 63.09% gain over the past month, it’s clear that this token has significant growth potential. The RSI at 50.63 suggests neutral momentum, while a high Stochastic of 84.20 indicates potential upward movement. If UNI breaks the nearest resistance at $21.62, it could rally to the second resistance at $26.55, representing an increase of around 37%.
The Simple Moving Average (SMA) for both short-term and long-term time frames is also suggesting a strong uptrend. The SMA 10 at $14.74 approaching the SMA 100 at $16.07 hints at building bullish momentum.
Considering the global crypto bull run anticipated, UNI may capitalize on this momentum and continue its upward trajectory.
While SOL, SHIB, XLM, and UNI show limited short-term potential, it’s essential to consider long-term investment opportunities that align with your risk tolerance and financial goals.
Source: cryptonewsland.com
