.png){kind=logo}
XMR looks prepared to rally upward, with the latest forecast suggesting a $400+ price by Q1. The altcoin is among the promising cryptos to buy currently, alongside 1Fuel, which is tipped to surpass Filecoin soon. The 1Fuel token is new to the crypto space, but it's already gaining prominence. 1Fuel presale is on the verge of raising $1 million, and investors can still gain big from it by joining now. 1Fuel looks poised for greatness, with experts tipping it as a better crypto buy ahead of Filecoin.
Experts believe 1Fuel can take over the DeFi space due to its multiple and essential functions. 1Fuel will provide secure asset storage facilities; it will position itself as a top pick for peer-to-peer and cross-chain transactions while providing anonymity for users.
The crypto solution will facilitate better portfolio performance by providing market insights, risk assessments, and helpful suggestions. Thus, 1Fuel will be an ideal DeFi solution for users of all experience levels.
Market observers say 1Fuel's core functions address popular concerns amongst crypto users, making it poised for mass adoption. 1Fuel high usage will make the demand and value of its token skyrocket. Hence, the 1Fuel token is among the top altcoins to consider purchasing right now. The new token is on presale — a potential high-rewarding point of purchase.
Crypto investors with an interest in XMR may have something to cheer on soon. Analysts say XMR is likely to reach the $400 milestone in Q1, predicting a $428 valuation. XMR currently trades at $220.11 after a 20% surge in the past week. The privacy token is determined to return to its $231.48 yearly high and make a play for $300 afterward.
Chart review suggests that XMR is on hand to rally above the current resistance point, with experts predicting a sustained uptrend after that. XMR investors will need to maintain bullish sentiment and sustain buy action to help the altcoin maintain its run. XMR could reach $300 as early as January, but the surge towards $400+ is expected in the latter part of Q1.
Regardless, the altcoin is one of the promising cryptos to buy currently, and investors could benefit from having a sizeable amount of XMR in their portfolio.
Filecoin is gaining adoption due to its efficient decentralized storage solutions. The increasing prominence spells hope of positive price action for Filecoin, but a chart review suggests otherwise. Filecoin has been unable to maintain a prolonged momentum, as it keeps repeating a bullish and bearish cycle.
At press time, Filecoin is fighting hard to defend its position at $6, as bear pressure looks increasingly likely to push it down. Filecoin pumped in the last month, rallying from $4.56 to $8.38 between late November and mid-December. However, the altcoin currently trades at $6.07 and may dip further if it fails to overcome bear pressure. Analysts believe Filecoin can still turn the tides before the new year, but it's not among the top altcoins to consider purchasing right now.
XMR could be on its way to a new price milestone, while Filecoin's outlook seems uncertain. 1Fuel, on the other hand, is a presale token showing a very promising sign and may boom soon. Join the presale early to benefit from the potential boom.
If you would like to find out more information about the presale:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
