Cryptocurrencies, including Bitcoin, are currently experiencing a downturn despite reaching a 13-month high last week. The stock market has seen positive sentiment, while cryptocurrencies have been affected by varying outlooks for interest rates and recession risks. However, some cryptocurrencies, such as Chainlink, Chimpzee, Compound, DeeLance, and Stellar, are still considered good investments due to their strong fundamentals and/or technical analysis. Chimpzee's presale has surpassed $1 million, while DeeLance has raised over $1.59 million in its presale and is considered one of the most promising crypto presale projects of 2023. Meanwhile, Stellar is experiencing a slight cool-off in its recent price action, with traders advised to keep a close eye on the Fib 0.382 level for potential buy opportunities.
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