I usually leave around 30% usdt to buy btc and then wait for the price to rise nicely before swapping back to paxg. the paxg-btc pair. that way my bag gets a bit thicker.
RippleRose
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Bullish
📢Buy $PAXG Date: Golden Opportunity at Bottom Price $PAXG (Paxos Gold) – the cryptocurrency backed by gold – is an attractive investment opportunity during times of instability. With the current price of 3,313 USDT, lower than the lower Bollinger Bands (3,315 USDT), and the potential to reach 4,000 USD, this is the ideal time to buy and hold long-term. Here are the reasons you shouldn't miss out!
1. Price Below Bollinger Bands: Bottom Buying Opportunity The price of PAXG is below the Bollinger Bands, indicating a clear oversold condition. This is a technical signal that the price may soon reverse upwards, opening up a low-price buying opportunity.
2. Oversold RSI: Price is Undervalued The RSI(6) is at 16, below the oversold threshold of 30. Selling pressure has been excessive, and the price is likely to rebound as the market realizes its true value.
3. High Trading Volume: Market Interest The 24-hour trading volume reached 110 million USD, demonstrating strong interest from investors. This often signals a significant price volatility event, likely upward.
4. Potential of 4,000 USD: Safe Haven Backed by real gold, PAXG is the ideal asset during financial crises. If the price of gold hits 4,000 USD, you could achieve a profit of about 20.7% from the current level.
5. Supporting Technical Indicators MACD gives a convergence signal, indicating a bullish crossover. The EMA lines are clustering, a sign of accumulation before a strong trend – very likely upward. Take Action Now!
With low prices, oversold RSI, high trading volume, and great profit potential, PAXG is the perfect choice to protect and increase assets. Don't miss this opportunity! Note: Investing carries risks, please consider carefully. #PAXG $PAXG
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