Best Coins to Buy Today 14th January - SOL, MEMAG, COMP, FGHT, ADA, CCHG, COMP, RIA, AVAX
The cryptocurrency market increased by 7.50% in the last 24 hours as it began to ride a wave of economic data, reaching a total capitalization of $974.43 billion.
The currency's value has risen by 11% in the last week due to recent improvements in US inflation data and signs of economic growth in Europe, raising hopes that the worst of the world economy's downturns in 2022 may be over.
Even though today's market movements are encouraging, a few cryptocurrencies have outperformed. Anyone looking to invest in cryptocurrencies and earn long-term returns is in luck.
The best alternative currencies to buy right now are SOL, MEMAG, COMP, FGHT, ADA, CCHG, COMP, RIA, and AVAX.
The SOL/USD pair is trading at $22.20 on January 14, with a 24-hour trading volume of $2 billion. The current market capitalization is $8 billion, and the present position is 11. Solana (SOL), a blockchain with two independent validator clients, recently reached a significant milestone.
According to a statement issued on January 12, Firedancer is the ecosystem's new validator. By reducing congestion in Solana's parallel VM, the new approach will increase block production efficiency.
Furthermore, users could control their validators using one of two Firedancer software components with independent dependencies. After reaching a new high, the SOL/USD pair may continue to rise.
Solana has completed a 50% Fibonacci retracement at $23.65, and closing candles below this level suggest that the bullish trend is tiring. However, if SOL fails to break through the $23.65 resistance level, it may experience a slight drop until the next support level of $19.50 or $17.50.
The pair SOL/USD is trading above its 50-day moving average, with support near $15. Alternatively, if SOL
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