As the year ends, the altcoin season is coming, and this is the time that investors must search for cryptocurrencies that would boost their portfolios after a challenging year. Year ends are unusually quite volatile, so investors must be careful in choosing tokens that would provide gains for them in the coming year.
Many cryptocurrencies and altcoins will have substantial price swings. To help out, market analysts have analyzed the top three cryptocurrencies that every investor must have in their portfolio for 2023, which are Uwerx, Hedera (HBAR), and Chiliz (CHZ).
Hedera (HBAR): Analyst Expect Price Increase After A Downtrend
The Hedera (HBAR) token has been under pressure over the past months as the market was filled with uncertainties to give it a trade value of $0.05. Two days back, the Hedera (HBAR) token fell to its all-time low of $0.00564668, causing it to rank among the underperforming tokens of the year 2022. On the daily chart, the Hedera (HBAR) token has been on a bearish trend this year since there are fewer holders and demands for the coin.
But, earlier in November, the Hedera (HBAR) token moved below the support level of $0.005, which was its lowest. Also, looking at other moving averages shows that the coin moved below averages. This has resulted in analysts having a bearish outlook for the Hedera (HBAR) token. Analysts are not sure if Hedera (HBAR) can break its next key support, but if it does, it will plunge, but a move above its resistance will result in a bullish trend.
Chiliz (CHZ): Analyst Hopeful Of A Price Increase In The Coming Months
Chiliz (CHZ) gave investors gains during the market crash while other altcoins were declining, with a current trade price at $0.10 after a one-day price decline of 2.2%. In October, Chiliz (CHZ) achieved a peak of $0.28, but it dropped after a correction occurred.
The Relative Strength Index of the Chiliz (CHZ) token is above the neutral level of 50. This tells investors that the Chiliz (CHZ) would experience a bullish trend after a reversal in the coming weeks or days.
Uwerx (WERX): Analyst Expect The Token To Rank Among The Top Altcoins Of 2023
Uwerx is a revolutionary decentralized freelance platform built on the Polygon blockchain network. It is poised for immense growth and is considered a promising investment opportunity for 2023. With the gig economy and freelance industry growing consistently even during market volatility, Uwerx presents itself as a beneficial addition to the industry.
Compared to competitors like Upwork and Fiverr, Uwerx offers lower fees, with only a 1% fee instead of 20%. The blockchain-based platform provides transparency and security for all data stored on it. The platform has also received audit approval from both InterFi Network and Solidproof, ensuring trust and reliability for users. Additionally, the project’s liquidity is locked in for 25 years after the presale concludes.
Uwerx is undoubtedly emerging as a compelling investment opportunity with the promise of significant growth in 2023 and beyond. Not only is its potential already evident with the unveiling of parts of the Alpha Version, but the upcoming Beta version is another exciting development that underscores its forward momentum.
Take note, the current advantageous WERX price of $0.0315 is set to rise to $0.041 on Friday, 2nd June at 15:00 UTC. Alongside this, the bonus on orders will also see a reduction from 20% to 15%. This precise moment offers a unique window for you to capitalize on the current price and bonus rate.
By opting for WERX at its present value of $0.0315, you will also be benefiting from a generous 20% purchase bonus. Such opportunities are fleeting, and it’s the forward-thinking individuals who will seize them.
So, delve deeper, explore more, and make an informed decision about investing in Uwerx today. The links below will guide you on this journey. Don’t let this promising opportunity pass by unnoticed. Your future self might just thank you.
Please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. CryptoMode is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.