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Portfolio Diversification Made Easy – 5 Essential Cryptos Recommended by Veteran Traders
As the cryptocurrency market continues to fluctuate, it’s become increasingly crucial for investors to diversify their portfolios and reduce risk. In an effort to make this process easier, we’ve gathered insights from veteran traders and compiled a list of five essential cryptos that are highly recommended for those looking to diversify their holdings.
1. UniToken (UNI)
UniToken, which has been trending between $14.40 and $19.33, demonstrates a remarkable recovery with a 63.09% gain over the past month. While the RSI is neutral at 50.63 and the Stochastic is high at 84.20, indicating potential upward movement, it’s essential to keep an eye on this asset as it nears its nearest resistance at $21.62.
Breaking this level could propel UNI to its second resistance point at $26.55, representing a roughly 37% increase. Additionally, the SMA 10 and SMA 100 are converging, indicating building bullish momentum, which may support further growth.
With altcoin season on the horizon and a global crypto bull run anticipated, it’s possible that UNI could capitalize on this momentum and continue its upward trajectory.
Remember to always do your own research before making any significant decisions.
Source: cryptonewsland.com
