Tron (TRX) and Gala (GALA) are losing steam and are expected to continue on their downward paths. Analysts believe their support zones could turn into resistance levels because both coins have yet to recover from the recent meltdown of the crypto market.
Leading cryptocurrency specialists have been blown away by Flasko, a new project expected to gain 2500% by the end of the year.
Tron (TRX) holders are now investing in Flasko (FLSK) presale
Tron (TRX), founded by Justin Sun, is an open-source cryptocurrency operating system with various decentralized finance (Defi) capabilities. Tronix is a cryptocurrency hosted on the Tron (TRX) network. Tronix is denoted by the sign TRX and has a total circulating quantity of 92 billion coins. The Tron (TRX) network's actions are protected by a consensus technique known as delegated Proof-of-Stake (dPoS). The delegated Proof-of-Stake (dPoS) consensus process is an alternative to the traditional PoS and PoW consensus mechanisms.
Gala (GALA) coins fell in value as the market was under bearish pressure
After failing to break through its resistance zone, the token trades below the 50 and 100 moving averages and rests at the long-term demand zone. Gala (GALA) bearish sentiment resulted in a price breakdown, culminating in a strong rejection of the moving averages.
After failing to hold in the upper band, its price is performing poorly near the bottom of the Bollinger band indicators. As a result of the breakdown, the Gala (GALA) fell below the 14-day simple moving average. Furthermore, the Gala (GALA) Relative Strength Index (RSI) curve crossed at 38.47, trailing the 20-day exponential moving average. This indication suggested a significant bearish bias in the next sessions.
Flasko (FLSK) is a secure and long-term investment that is expected to grow in 2023
Flasko wants to increase the demand for costly alcoholic beverages like premium champagne, fine wine, and rare whiskey to encourage interaction between the alternative investment and crypto sectors via NFTs.
Many cryptocurrency experts predict Flasko will thrive in 2022 despite difficult trading conditions. Because Flasko has passed audits with solid proof, it is a significant investment that should be kept an eye on until 2022 and beyond.
If you're seeking a token with high potential and a modest presale price, like Flasko's $0.04, you should consider the Flasko project. For more details on participating in the presale for this brand-new startup, kindly click on the links below.
You can take part in the Flasko presale by following the links below.