Investors Crypto Picks September Edition: Solana, Cutoshi, and Binance Coin Top the List | Coinspeaker

Investors Crypto Picks September Edition: Solana, Cutoshi, and Binance Coin Top the List

September 25th, 2024 at 2:19 pm UTC · 3 min read

Investors Crypto Picks September Edition: Solana, Cutoshi, and Binance Coin Top the List
Photo: Cutoshi

/Cutoshi/ – The cryptocurrency market is rapidly evolving, and investors closely analyze the latest crypto trends and opportunities. Savvy investors are always seeking projects with high potential for growth and stability.

This month, Solana (SOL), Binance (BNB), and Cutoshi are in the spotlight. We will discuss the points that make these coins stand out, which will help both experienced and new crypto enthusiasts form their investment strategies.

Let’s dive straight into the factors driving investors towards these coins.

Solana (SOL) Breaks Short-Term Down Trend

Solana is consolidating with less than-average volume and taking support on the 50-day Exponential Moving Average (EMA) after breaking above a short-term trend line on the daily chart along with above-average volume, indicating a decent amount of bullish pressure.

Bulls coming at this point will increase demand and take the price higher to break the nearest resistance at $163.70, with the following significant resistance at $189. However, it could fall to solid support at $121.20 for a liquidity sweep before continuing back up.

Binance (BNB): Breaking Resistance to Reach ATH?

Technical analysis shows that Binance could reach its All-Time High (ATH) at $724, which it made recently before falling to its current price of $602.

Binance is taking support at the recently broken resistance level of $602 and the next resistance level of $632; further below is a support level of $526.2. The Relative strength index (RSI) at this point is 69.

Currently, Binance trades well above the short-term 10-day and 20-day EMAs, and its volume has increased by 15% over the last 24 hours, showing bullish momentum.

Cutoshi ($CUTO): The Hot New Challenger Taking on the Solana Memecoins

Cutoshi is the recent top trending utility token and memecoin. Inspired by the Chinese Lucky Cat, it aims to bring luck and prosperity to your assets and spread the teachings of the legendary Satoshi Nakamoto, the founder of Bitcoin.

Cutoshi’s vision is to incorporate decentralization, security, and privacy, which was Satoshi Nakamoto’s original aim in creating blockchain technology. The ecosystem consists of a decentralized exchange, Cutoshi academy, farming, NFTs, merch, and the $CUTO token, which will be the primary money in Cutoshi.

The Cutoshi DEX (Decentralized Exchange) allows people to swap crypto directly with others, a form of peer-to-peer trading. Eliminating third parties increases privacy and security.

Cutoshi DEX is cross-chain, meaning transferring assets across multiple blockchains is possible, ensuring smooth and easy operations.

Cutoshi has a detailed roadmap from day one to the end and is currently in stage one of presale with 1 $CUTO priced at $0.014. The aim is to bring DeFi to the masses through the meme community and the amazing tech of the Cutoshi ecosystem. Appealing to memecoin enthusiasts and the DeFi community, Cutoshi is the next utility memecoin set for 100x growth, providing a great opportunity for early investors.

For more information visit the Cutoshi (CUTO) Presale.

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