Today Crypto Picks – BEAM, LUNC, STX for December 2nd

Overnight, the cryptocurrency landscape witnessed a notable shift, and for today’s investment opportunities, the top choices include Beam (BEAM), Terra Luna Classic (LUNC), and Stackes (STX).

Today Crypto Picks – BEAM, LUNC, STX for December 2nd

The global crypto market is currently displaying a bullish trend, experiencing a 1.4% increase in the last 24 hours, primarily driven by the dominance of Bitcoin. The total trading volume for cryptocurrencies in the preceding day amounted to $61.1 billion. Bitcoin commands a significant market share of 49.7%, while Ethereum holds a 16.5% market share.

Beam (BEAM) Price Prediction

Fueled by the Merit Circle DAO, BEAM stands as a gaming platform strategically investing in the web3 gaming sector, aligning with the recent surge in Web3 gaming and NFTs that has brought numerous projects to the forefront. Beam has emerged as one such project.

The recent uptick in the price of BEAM can be attributed to the successful launch of its Havens Compass game on the Epic Games platform. Making commitments to its user base, Beam has announced forthcoming features such as Free NFT minting, Token sales, and On-chain integration with the game.

This development has sparked excitement among investors, leading to a notable rally in the BEAM price. Within the past 24 hours, BEAM has broken an upward trend, reaching towards the $0.012 resistance level. The Relative Strength Index (RSI) stands at 77, indicating an overbought condition, which raises the possibility of a bearish sentiment triggering a potential price correction.

Terra Luna Classic (LUNC) Price Prediction

Terra Luna Classic (LUNC) is currently navigating substantial price fluctuations, largely influenced by a significant burning of LUNC tokens in recent events. In the latest development, the renowned crypto exchange, Binance, executed the burning of approximately 4 billion Terra Luna Classic (LUNC) coins in its 16th batch, triggering a notable 20% surge in the LUNC price and delivering profits to investors.

The recent momentum has propelled Terra Luna Classic (LUNC) out of a falling flag pattern, marking a substantial uptick with an ascent toward the $0.00014 threshold. The Relative Strength Index (RSI) stands at 82.73, positioning it firmly in the overbought region. This elevated RSI suggests a degree of caution, hinting at the potential for a corrective move in the price.

Stacks (STX) Price Prediction

According to crypto analyst Kaleo, Stacks (STX) is on the brink of a potential surge once it surpasses the $0.80 mark. In anticipation of this breakthrough, Kaleo suggests that there may be a potential pullback before achieving this milestone, creating buying opportunities for investors. The Relative Strength Index (RSI) is currently at 66, signaling the approach to an overbought zone.

As of the latest update, the price of Stacks (STX) stands at $0.784431, with a 24-hour trading volume reaching $90,134,775.80. This indicates a substantial 11.85% price increase within the last 24 hours and an impressive 20.02% surge over the past 7 days.