Technical analysis (TA) has been a fundamental part of investment research for some time. While it has its critics, TA can still be used to predict which investments might be gearing up for significant moves or price gains. Technical analysis tends to ignore market conditions and sentimental research ideas to focus on chart patterns. Many of these patterns indicate that an investment is about to change direction, and fortunes have been made from technical analysis alone.
There’s one token that analysts have been looking at closely, and they believe it could be due a change in fortune soon. They think that Cardano could be gearing up for a surge and may reach a price point of above $5 in the coming year. Other experts also believe that Uniglo could enjoy a similar future and become one of the next breakout stars in the crypto world. Here’s why:
Uniglo (GLO)
You don’t have to do too much technical analysis to know that Uniglo is primed for future price success. That’s because it’s already gaining traction and is up in price considerably during its final pre-sale phase. There’s still time left to add GLO to your portfolio at discount pre-sale prices, so now might be the time to act before it officially launches in a few weeks.
GLO has the best deflationary measures ever seen in crypto, with a secure price base thanks to an asset-backed store of value, alongside ultra-burn mechanics. No matter what the investment charts say, Uniglo could be a great pick for your portfolio.
Cardano (ADA)
Technical analysis has suggested that Cardano might be primed for growth. While this veteran altcoin has enjoyed many ups and downs, experts still think it has a future as the heart of the smart contract world. This means it could be a good addition to your portfolio, especially if the technical analysis is correct.
Conclusion
GLO and ADA have room to grow, and surges might be on the horizon, but Experts like GLO the most and think it could be the best addition to your portfolio over the coming months.
Find Out More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
