Despite the Bullish Sentiments Engulfing the Crypto Market, Toncoin (TON) and Chainlink (LINK) Might Find Themselves on the Receiving End Thanks to Profit-Taking Tendencies

Nevertheless, FXGuys ($FXG) is emerging as an ideal investor choice whose aim is to revamp and decentralize crypto trading.

As bullish sentiments continue to engulf the crypto market, Toncoin (TON) and Chainlink (LINK) might find themselves on the receiving end thanks to profit-taking tendencies. However, a closer look at FXGuys ($FXG) reveals an ideal investor choice whose aim is to revamp and decentralize crypto trading.

Toncoin Presents a Bearish Outlook

With TON’s Market Value to Realized Value (MVRV) indicator turning into the negative zone, caution should not be thrown to the wind. This trend suggests that early investors might be eyeing to cash their profits.

Toncoin’s selling pressure is brewing as the Relative Strength Index (RSI) stares at the overbought zone.

Being known for their profit-taking traits, short-term traders may lead this charge as Toncoin continues to traverse a slippery path.

Chainlink Gets Engulfed in a Descending Channel

Despite Chainlink witnessing a significant leg up that saw the $15 zone breached, things have started to cool off for the eighteenth-largest cryptocurrency as it now finds itself in a descending channel.

LINK has been making lower highs and lower lows, signalling the materialization of a downtrend.

Moreover, the user defined price indicator (UDPI) is showing heightened risk in the Chainlink market.

Why is FX Guys Surfacing as One of the Top Altcoins?

By showcasing itself as one of the innovative crypto trading platforms, FXGuys is stamping its authority in the digital assets space.

For example, the groundbreaking Trade2Earn program enables traders to earn $FXG tokens irrespective of the outcome. In the process, it fosters confidence in traders of all walks of life.

FXGuys acts as a stepping stone toward enhanced crypto adoption through its friendly trading approach.

As a decentralized platform, FX Guys makes trading a plug-and-play affair since No KYC is required. Users are only needed to connect their wallets for a seamless trading experience.

The FXGuys also presents various earning opportunities through the staking of $FXG tokens.

At Stage 1 of its presale, FX Guys is witnessing growing demand with more than 138 million $FXG coins having been purchased. $FXG is retailing at $0.03, making it a good crypto to buy.

The high adoption rate is from both retail and institutional investors as FX Guys resonates well with them when it comes to offering real-world solutions of breaking trading entry barriers.

Having been anchored by the prowess of traditional finance and innovation of decentralized finance, the FX Guys is deemed a game-changer that expands users’ knowledge base through approaches, such as simulated trading challenges.

Based on FXGuys’ quest to enhance trading talent worldwide, the sky’s the limit for the platform.

Promising to be a major player in the global forex trading market projected to be worth at least $11.3 billion, the FXGuys network should be given a watchful eye.

Conclusion

Positioned to be a revolutionary platform, FX Guys intends to bridge the crypto trading gap with the help of cutting-edge tools.

This explains why investors are jumping on the FXGuys bandwagon at the expense of Chainlink and Toncoin, which are facing more downside pressure.

To find out more about FX Guys follow the links below:

Presale | Website | Whitepaper | Socials | Audit