FITFI Is Set For a Year-End Triumph Amid Mixed Signals For MATIC And ARB

The recent crypto market trends have sparked renewed interest and speculation with Bitcoin leading the overall resurgence and experiencing an spectacular rally to a new yearly high of around $44,500 unseen since April 2022. As BTC edges closer to the critical $48,000 resistance level, anticipation is building, particularly around the January 5-10 period when the SEC might green-light a batch of BTC-spot ETFs, potentially boosting the crypto king towards that dreamy $60,000 target. Despite the hurdles, Bitcoin’s journey upwards seems undeterred, hinting at a possible return to its peak glory days.

Simultaneously, the altcoin scene, often in Bitcoin’s shadow, is making some serious moves. The TOTAL2 market cap, a measure of the altcoin universe, has broken out of a pattern that’s been holding since last May, aiming to hit the $1.2 trillion mark. Ethereum (ETH) is at the forefront of this bullish surge, with some coins like Polygon (MATIC) and Arbitrum (ARB), up by 9% and 5% since December, turning heads with their potential. Notably, the market is also witnessing a surge in the move-to-earn (M2E) sector: Step App (FITFI) has risen a remarkable 57% in the last month and its trading volume is currently surpassing its market cap – a clear sign of strong investor interest and vibrant market activity.

These unfolding events signal a shift towards diversification: emerging altcoins are stealing the spotlight led by the likes of MATIC, ARB and particularly FITFI, thanks to its robust economy, lucrative returns, and unblemished reputation. The M2E model, exemplified by Step App (FITFI), is reshaping investor perspectives, promising much more than just financial gains. 

Step App (FITFI): Unlock Earnings with Every Step

If you’ve ever thought about pocketing $5 to $50 for each jog, Step App might be just what you’re looking for. Since 2022, the project has been financially rewarding its health-focused users, firmly securing its leading position in the move-to-earn market. Being the first application where FitFi meets smart AI workouts, Step proves to have a stable economy and impressive ROI as shown by its resilience throughout 2023 and an ever-growing user base. Even if you’re new to Web3, managing earnings in the app is easy, which contributes significantly to the overall adoption of the M2E model. Notably, Step’s esteemed market reputation is further boosted by rave reviews from sports superstars like Usain Bolt.  

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Turn Each Step into Real Money – Try Step App Today!

As 2024 rolls in, Step App jubilantly marks its first anniversary with the vibrant launch of Step 2.0 – a major rebranding that injects innovation and simplicity to its expanding ecosystem through a fresh and more inclusive visual identity. In celebration of this exhilarating milestone, they’re hosting a not-to-be-missed $10,000 giveaway in FITFI! Along with KCAL, earned from jogs to spruce up your workout gear, FITFI forms the backbone of the Step experience and opens up exclusive app features. Both assets hold promise for future growth and, with the FITFI public vesting ending on January 26, now is an ideal time to snag some tokens before their value takes off. To dive into the giveaway fun, follow Step’s socials, download the app, start the trial, and leave a review in a preferred app store. Inviting at least three friends to join Step App is another key term, entering you into a special bonus raffle for a chance to win one of three annual subscriptions designed to bump up rewards and customize in-app adventure.

The Giveaway Is Already Live – Take Your Chance!

Step App (FITFI) Technical Analysis

A closer look at the Step App (FITFI) technical charts reveals that FITFI is now hovering between $0.0065686 and $0.0085054 – a key spot that could signal a shift towards a bullish run, especially with some exciting developments around the corner. The asset has been in the green zone 57% of the time in the past month, and with the Fear & Greed Index showing a hefty 72, it looks like the market is leaning towards optimism. This mood can often push prices higher as more investors jump in, hoping to ride the wave of upcoming gains.

The Relative Strength Index (RSI) is sitting at a comfortable 43.24. That’s like saying Step App (FITFI) is in a ‘Goldilocks’ zone – not too hot, not too cold – possibly attracting more buyers who’ve been waiting for just the right moment. Adding to this, the Stochastic %K points to 25.61, hinting that FITFI might be undervalued at its current spot – a sign for those looking for a good deal. The Average Directional Index (ADX) is pretty low at 18.89, suggesting that there’s no major trend right now, but with the upcoming end of public vesting for Step App (FITFI) and some cool new features on the horizon, this could be the quiet before a positive price storm. The Commodity Channel Index (CCI) dipping to -115.001 also whispers about a potential upswing soon.

Step App (FITFI) Price Forecast

What’s more, the short-term moving averages (the 10-day SMA at $0.007232 and the 10-day EMA at $0.0071551) are dancing above the long-term ones (the 200-day SMA at $0.0062468 and the 200-day EMA at $0.0064882), showing a bullish crossover in the short game – a potential green flag for those looking to make quick gains. Investors might find this an opportune moment to engage with FITFI, as the stars seem to be aligning for a broader bullish run. 

Should Step App (FITFI) break through its first resistance at $0.0085054, catching the market’s attention, this initial success could set off a chain reaction, pushing the asset towards the second barrier at $0.0095211. And if FITFI manages to hit the high note of $0.0114579, the most ambitious resistance level, we’re talking about a significant leap from where it’s at now.

Polygon (MATIC) Technical Analysis

Analyzing Polygon (MATIC) in the current market, it’s nestled between $0.592 and $0.9577. This spot is pretty crucial, painting a picture of how MATIC is responding to the latest buzz around its major upgrade to Polygon 2.0. 

The RSI, hovering at 60.5, gives off a vibe of cautious optimism, while the Stochastic %K, which is high at 83.56 means overbought conditions possibly leading to a short-term pullback. But the ADX and the CCI suggest things aren’t swinging too wildly in any direction. The MACD level at 0.017, along with the 10-day SMAs and EMAs both above their 200-day counterparts, are leaning towards a gentle positive trend.

Polygon (MATIC) Price Forecast 

On the bullish side, with all the exciting changes like Polygon 2.0 and the zkEVM Mainnet Beta upgrade, Polygon (MATIC) could start climbing up past $0.9577 and this possible breakout could draw in even more interest. The dream scenario would be reaching the second resistance at $1.1527, showing a solid vote of confidence from the market. And if MATIC hits a home run to $1.5184, the most desired target, that would be a huge nod to the project’s strategy and the market’s thumbs-up.

However, if things take a bearish turn and Polygon (MATIC) slips below $0.592, it could be a sign of waning confidence, maybe due to wider market trends or specific worries about Polygon 2.0’s updates. If it falls to the second support at $0.4213, it would suggest a deeper bearish mood, making investors think twice about the recent moves of MATIC and the new POL token. A drop to the lowest support at $0.0556 would be a major red flag, indicating some serious challenges within the Polygon (MATIC) network or the broader market.

Arbitrum (ARB) Technical Analysis

Arbitrum (ARB) is weaving its way between $0.878 and $1.1809, driven by the latest buzz around its Orbit mainnet launch. The technical indicators are giving us a bit of a mixed bag, painting a narrative of cautious optimism.

With the RSI chilling at 55.42, ARB is in a comfortable zone, not too hot with buying and not too cold. The Stochastic %K at 67.57 is whispering hints of bullishness, though not screaming overbought just yet. The ADI at a low 17.8 suggests that Arbitrum (ARB) isn’t riding any strong trend waves at the moment, however, the CCI at 105.101 points towards a modest bullish nudge. The MACD level, hovering around 0.0148, aligns with this mildly positive outlook.

Arbitrum (ARB) Price Forecast

The SMA and the EMA for 10 days both hover around $1.06, slightly above their 200-day counterparts at around $1.03, signaling a bullish trend. If ARB decides to dance with the bulls, we could see it breaking through the $1.1809 resistance. This could be just the start, with eyes then set on the $1.3546 mark. Should this positive momentum get a firm grip, fueled by the excitement of Orbit enabling new layer-2 and layer-3 network developments, Arbitrum (ARB) might even flirt with the $1.6575 resistance level, marking a strong confidence boost in the market.

However, if ARB takes a bearish turn, perhaps due to a hiccup in the Orbit launch or a shift in market sentiment, it could slip below that $0.878 support. A dip like this might see ARB testing the waters at the second support level of $0.7488 and, if the bears keep pulling, the asset might find itself diving towards the deeper end at $0.4459.

Closing Thoughts

Bitcoin, ever the trailblazer, is nudging the market towards new highs, reigniting dreams of its peak days. At the same time, there are altcoins which are stepping out of its shadow. Among these, Step App (FITFI) is marrying fitness with earning in a way that’s never been seen before, with its chart analysis hinting at a bright future following the launch of Step 2.0. Meanwhile, Polygon (MATIC) and Arbitrum (ARB) are scripting their own success stories: the former is riding the wave of its Polygon 2.0 upgrade and the latter is fueled by the excitement around its Orbit mainnet launch. Both assets are teetering on the brink of something big, albeit with the usual mix of market risks and rewards.

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• Source: https://thecryptobasic.com/2023/12/06/fitfi-is-set-for-a-year-end-triumph-amid-mixed-signals-for-matic-and-arb/?utm_source=rss&utm_medium=rss&utm_campaign=fitfi-is-set-for-a-year-end-triumph-amid-mixed-signals-for-matic-and-arb