As the crypto market anticipates the bull run, Ripple (XRP) and BNB (BNB) are facing a battle to stay afloat of the bear pressure. These top crypto coins have to contend with crucial resistance levels that may determine their next trajectories. Meanwhile, the available on-chain data has given a hint that KangaMoon may be the best new crypto to invest in. The on-chain data suggests that due to KangaMoon attributes, the token is expected to pump massively in the forthcoming weeks.
KangaMoon Price Set To Pump as Presale Eyes $7 Million
As Ripple and BNB face crucial resistance zones that can make or mar their progress, analysts believe that KANG may be the next in line to pump. Since its introduction some months ago, KangaMoon has created a crypto frenzy, attracting a wide league of investors. This has led to the project raising funding that is now getting close to $7 million.
Notably, KangaMoon community participants have surged past 25,000 with holders of its native token nearing 10,000. KangaMoon is a collection of both SocialFi and GameFI models, portraying the platform as friendly to users. Users are rewarded with huge amounts of KANG tokens for free by participating in community quests on Twitter and Telegram.
With these undeniable features, the token has raised an army of loyal enthusiasts, making it the best new crypto to invest in May. As the KangaMoon community is growing, the KANG token has also appreciated considerably, giving early investors a profit of 400%. However, analysts believe this is just the starting point and the token could give as much as 1000% ROI after its BitMart listing.
Through the KangaMoon staking dApp, users can stake their assets for certain days and earn multiple profits. As the bull market is around the corner, KangaMoon is predicted to pump in the coming months, making it one of the top crypto coins to buy.
Ripple Price Set To Battle $0.7 Resistance Level For Bulls to Emerge
While Ripple may have dipped continuously in the past months, the token is now edging closer to a key resistance level that may turn its fortune around for good. In its bid to reach $1 in this quarter, the Ripple token must break the $0.7 resistance threshold, which could give it the power to mount a serious bullish momentum.
Even though Ripple’s market cap has dipped below $30 billion, the Ripple trading volume has seen positive trends in the past few weeks which could help in the token resurgence. With the token general market sentiments looking neutral, indicating that it may go both ways, Ripple Bulls may have to do more to raise the price to $1.
BNB Coin Faces Crucial Resistance Zone In a Bid to Reach $700
BNB token traded above the $600 area before the bearish correction pulled it back to a little above $500 in April, based on market data. As the token buyers regroup to turn the tide, a critical resistance zone could prove a stumbling block. One importance of this threshold is that it holds the key to a retest of the $690 ATH price.
As the 4th largest cryptocurrency with a market cap of more than $83 billion, BNB has enough in its tank to surmount this resistance level of $600. By breaking out of this loop, BNB’s price may reach $700 in the coming weeks, putting it in the experts’ list of best cryptos to invest in 2024.
Conclusion
As Ripple and BNB look up to new price increases, the tokens have to break out of resistance challenges to actualize the dream. However, KangaMoon gives the best opportunity for profit amidst this market decline. With a low market cap, the token is good to go for a bullish surge.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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