While the crypto market is witnessing massive retracement, KangaMoon has continued to witness massive growth. With early buyers already gotten 290% ROI, KANG is no doubt one of the top cryptos to invest in now. Meanwhile, top crypto analyst Ali Martinez believes that the price of Bitcoin (BTC) faces a potential short-term dip. Another top analyst, Jesse Oleson, thinks that Filecoin (FIL) will witness bullish momentum soon based on the recent movement of key technical indicators. More details below.
While Bitcoin and Filecoin are witnessing price correction, KangaMoon (KANG) is taking the market by storm. When launched, the KangaMoon platform will integrate the social-fi community with Play2Earn to foster a vibrant community for meme enthusiasts. KangaMoon is all about empowering its community members. That means users can compete in weekly, monthly and quarterly challenges and earn prizes.
Also, token holders will earn more tokens when they participate in community activities such as sharing tweets and commenting on posts aimed at promoting the project on social media. The surging momentum has led to over 20,000 registered community members. Also, more than 5800 traders have bought the token and that has helped the platform raise over $4M so far.
The KangaMoon native token KANG is currently in the 5th stage of the presale with the token sold for just $0.0196. Early buyers have gotten 290% returns, making it one of the top cryptos to invest in now. As the team gears up to list the token in a major CEX exchange in Q2, some analysts have projected 100x returns in the coming months.
The games market is worth over $176B and KangaMoon is on its way to opening the market for people to benefit from the billion-dollar market. Overall, now is the best time to buy the token at a very good price point. As smart investors know, early investment in projects like KANG is where significant gains are made.
Ali's TD Sequential indicator for Bitcoin on the weekly chart warns of a potential price dip in the coming weeks. According to Ali, if Bitcoin price falls below $68,300, it could tumble to the $65,250-$63,150 zone, a significant support area holding a large number of investors.
However, there's a silver lining. If Bitcoin can hold above $70,320 and turn it into support, it could be the launchpad for a price increase, Ali suggests. So, key levels to watch are $68,300 for downside risk and $70,320 for upside potential.
Filecoin enthusiasts are buzzing after a monthly buy signal emerged for the top crypto coin. Jesse Oleson, a crypto analyst, suggests a potential price increase in the coming months. The top analysts believe if Filecoin mirrors Bitcoin's past performance with 4x growth phases, it could see a staggering 1400% increase.
Jesse Oleson's analysis shows that there's a potential for a Filecoin price increase in the coming months. Meanwhile, the Filecoin trading volume is experiencing an uptrend and that could trigger a resurgence and possibly a rally in the coming days.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.