Following the suit of the Securities and Exchange Commission of the United States (sec) to exchanges Binance and coinbase and the persecution of certain cryptocurrencies considered “values”, investors have been cautious about the management of their assets and the way in which they will use the capital for the remainder of the year.
However, there are digital currencies that performed better or at least did not register such precipitous falls as is the case with Ethereum (ETH), DeeLance (DLANCE) or Cosmos (ATOM) that were ranked as the crypto with a positive outlook for the second half of 2023.
Below we detail the performance and perspective that these assets will have, according to the specialized medium Be In Crypto.
Space (ATOM)
This cryptocurrency It is nicknamed the “Internet of Blockchains”, when seeking to promote a network of supply chains cryptocurrency blocks designed to scale, communicate and interoperate together in a decentralized way.
$ATOM It is trading at $8.65 per token, with a stable trend but without cementing its bullish path; in fact, in recent months it has been below the simple moving average (SMA) of 3 days of 10.74 dollars.
However, Be In Crypto noted that the history of the digital asset market has shown its ability to recover from downtrends; $ATOM it was trading at $5.62 on August 22, 2020 and rose to $21.86 on August 23, 2021. Which means that the current cost of $ATOM may bring benefits to its buyers in the near future.
Deelance (DLANCE)
DeeLance is building an innovative metaverse, powered by cryptocurrencies and NFTswith the promise of transforming remote work and contracting, largely because the work economy is web 2 centric and DLANCE is directly focused on changing this fact.
The value of this asset is the big surprise, the presale of DeeLance it was a complete success obtaining more than 1.3 million dollars; $DLANCE will be listed on major cryptocurrency exchanges at $0.057 by the end of this year, which will open up the landscape for investors to obtain this type of crypto and thus consolidate profits.
According to information collected by Be In Crypto, DeeLance is organizing a massive token contest $DLANCE worth $500,000 as rewards, which will also benefit the top five wallets that buy the coin.
Ethereum (ETH)
Of the three cryptocurrenciesETH is the best known, currently trading at $1,742, but its outlook is not as positive as the previous two, mainly because in the eyes of the United States authorities and various investors, it is only a matter of time before the sec include it in the list of monitored currencies.
However, this scenario of declines also makes the currency attractive to buy, since ethereum faces an upside target an unbreakable short term frame (STF) resistance ceiling at $1,900 (+2.82%) reclaiming the position above the MA20.
The downside risk is more significant, with a return to $1,750 (-5.3%), which makes ethereum you face a risk-reward ratio of 0.53.
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