The crypto market is experiencing a bullish resurgence as Cardano (ADA) and Sui (SUI) post remarkable double-digit gains, sparking a renewed surge of interest among investors. This impressive display has fueled speculation about FXGuys ($FXG), a prop firm presale token, being the next market mover to follow suit, taking advantage of the positive market movement.
Read to find out whether $FXG can live up to the hype and print similar gains.
Cardano Registers 12.2% Gains Amid Bullish Crossover
Cardano’s ADA increased in price over the week as its Exponential Moving Averages (EMAs) crossed over. Notably, ADA’s price rose 12.2% after its 21-week EMA crossed over its 55-week EMA at $1.09.
The last time something similar happened, during the 2021 bull market, ADA witnessed a 400% price surge. If history were to repeat itself, ADA’s value could spike to $5.45.
The EMA crossover indicates the sustenance of bullish sentiments. However, the Cardano coin must scale a resistance barrier at $1.20 to initiate a significant upward move.
Although historical trends favor ADA’s current outlook, external factors may likely chart its course. Cardano’s ADA trades at $0.94, up 12.54% this week.
SUI Smashes a New All-time High as Haedal Protocol Increases Liquid Staking
SUI has attained a new all-time high of $5.35, indicating a notable growth in its market performance. Its market capitalization is up 6.04% to hit $15.69 billion, and its trading volume has increased by 44.63% to reach $2.59 billion.
Sui’s feat coincides with a recent development surrounding the Haedal Protocol, a liquid staking platform built on the blockchain. Notably, Haedal Protocol amplified liquid staking on Sui, advancing its staking mechanisms and DeFi features.
Looking at SUI’s 4-hour chart, the asset is trading above key Moving Averages (MA), implying bullishness. The 9-day MA is currently crossing over the 21-day MA, suggesting that the ongoing uptrend will continue.
The RSI at 74.62 implies that the asset is overbought even though buying pressure remains high. Meanwhile, SUI is priced at $5.28, up 29.74% this week.
The FXGuys Prop Firm Enters Investors’ Radar in the Bullish Market
As the crypto market returns to a bullish state, FXGuys captures the attention of market participants with its DeFi-based prop firm. This prop firm features tools and resources that can help traders reach their financial goals.
For instance, the FX Guys Trader Funding Program is an initiative introduced to equip traders with the funds they need to trade financial instruments. Through the program, they can receive about $500,000 to trade stocks, shares, cryptos, and FX.
Also, the platform’s staking program has garnered notable interest from market participants as it promises double-digit returns. The FX Guys platform promises a 20% APY to stakers who stake their $FXG tokens.
Finally, FX Guys’ Trade2Earn initiative has also drawn notable attention because it is a scheme that rewards investors and traders for their market participation. This program ensures that traders receive $FXG tokens for every trade, irrespective of the outcome.
The $FXG Presale Token is Set For Triple-digit Gains!
While ADA and SUI boast double-digit gains, $FXG is set to trump them with triple-digit gains. The presale token has made early participants triple-digit profits and is poised to replicate the same.
Valued at $0.04 in Stage 2 of its public presale, $FXG will deliver a 150% ROI to Stage 2 investors after it hits $0.10 at launch. This projection has presented $FXG as an attractive investment option to even ADA and SUI investors.
More gains, however, await those who hold their tokens after its exchange debut, with experts hinting at a potential 10x profit. Buying $FXG now is the best way to benefit from this profit promise!
To find out more about FXGuys follow the links below:
Presale | Website | Whitepaper | Socials | Audit
- Crypto Expert Predicts XRP Price At $10, Says This $0.04 DeFi Gem Will Complete 70,000% Run Above $2.1 In Q1 2025
- Bitcoin Flashes Massive Buy Signal For The First Time Since Market Crash
- Will Pengu Overtake Shiba Inu As Top Crypto Analyst Predicts This New Altcoin To Rise 5X In January Alone
- BlockDAG to List on 10 Exchanges, XLM & XRP Remain Optimistic
- Experts Believe Dogecoin, SUI, And FXGuys ($FXG) Create The Perfect 100x Portfolio
@coinpressofficials
