Several digitalย currencies, including already-listed and yet-to-list cryptocurrency projects, are gaining today, May 24.ย ย
Seeingย as some of their price profits and theย pastย few performance of the cryptoย tokens on presales, these digitalย currencies mayย be potential financing options for investors.
The top gainers today are Kava, RNDR, AiDoge, Launchpad, yPredict, DLANCE, TON, ECOTERRA, and SNX. In addition to their current profits, plentyย of indicators hint at potential price growth in the nearest future.
Kava (KAVA)
Kava (KAVA) asย ofย now shows an increase of 2.42 percent at the time of publication, pushing itsย value to $1.1960.
As a layer-1 blockchainย tech merging the interoperability and speed of Cosmos and Ethereumโs developer power, Kavaโs solutions to the developer community mayย be one of the factors driving this price performance.
KAVA Price Analysis
KAVAโs price in theย previousย day shows an increase from May 23.ย Furthermore, KAVA is trading over its 50-Day Simple Moving Average (SMA), an indicator representing its daily closing price plots in the last 50 days. Asย aย result, KAVA is prone to a short-term positiveย tendency market in the future.ย
Similarly, KAVAโs RSI is at 67.32, representing a neutral market position and the likelihoodย of entering the overbought zone. The Relative Strength Index (RSI) indicator represents the coinโs market position, whether oversold below 30, neutral, or overbought below 70.ย
A tendency reversal occurs when it reaches the overbought or oversold level. The RSI points downward, indicating a movement to the oversold region.
KAVAโs Moving Average Convergence/Divergence (MACD) indicator is over the signal line. This indicator is a momentum oscillator for monitoring trade trends. Asย aย result, KAVA could experience plentyย of green trades in the coming days.
Render Cryptoย Token (RNDR)
Render Cryptoย Token (RNDR) is trading today at $2.50, a 5.35 percent price increase at the time of writing.ย The bears are mounting pressure on RNDRโs price, causing it to fluctuate.ย Nonetheless, plentyย of indicators tip at RNDR, maintaining its $2.5 level in the short and long term.
RNDR Price Analysis
Render Cryptoย Token (RNDR) is drawing a red candlestick regardlessย of having positiveย tendency indicates on plentyย of indicators. RNDR is trading over its 50-Day and 200-Day Simple Moving Average (SMA), which signifies a short and longstanding positiveย tendency market for the cryptocurrency. Consequently, the RNDR price growth potential is high.
Source: TradingViewSimilarly, its Relative Strength Index (RSI) is at 60.98, a neutral market position. Nonetheless, severalย more BUY trades in the assetโs market can send it to the overbought zone over 70, causing a tendency reversal.
The Moving Average Convergence/Divergence (MACD) is likewise over the signal line, representing the tendency for more price profits for RNDR in the coming days.
Inย theย meantime, the faded green bar on the histogram signifies the investment price fluctuation.
AiDoge (AI)
raised so far is $12,924,771, an addition of $694,812 in less than a day.
The price of 1 $ Artificialย Intelligenceย (AI) has likewise increased from $0.0000328 to $0.0000332.
Itโsย worthย notingย that, AiDogeโs cryptoย token presale is 95 percent sold out, with severalย days left before it lists on its initial exchange at $0.0000336.
Given the projectโs plans to revolutionize the Memeย Coin sector with the combination of artificial intelligence and digitalย currency, AiDoge could become a big project in the cryptocurrency space.ย
AiDoge provides numerous ways of earning in digitalย currency on the platform. Asย aย result, numerous users, traders, and investors may flood AiDoge to make the most of it once operations begin.
Launchpad XYZ (LPX)
Launchpad XYZ (LPX) presale has increased to $585,159, with 1 $LPX selling for $0.0445. The price will increase to $0.046 in theย following few days, representing a new presale stage for the LPX token.
Inย theย meantime, Launchpad XYZ is a revolutionary cryptocurrency project that aims at eliminating losses in trading activities in Webย 3.0. Asย aย result, it provides all the necessary tools cryptocurrency enthusiasts must make the most out of Webย 3.0 products and services.
Users can learn everything about trading via plentyย of podiums like Alpha and Trading Edge. Similarly, they will peek at new cryptocurrency projects that could explode soon, keeping them ahead in the cryptocurrency market.
Furthermore, is building an all-encompassing Webย 3.0 hub for users toย participate in profitable activities like play-to-earn gaming, trading, joining early presales, and lots more. Asย aย result, they can make the most of their cryptocurrency experience without leaving the platform.
Given the developments and solutions Launchpad XYZ brings to the Webย 3.0 space, the project could see more adoption once it commences operations.
yPredict (YPRED)
yPredict leverages blockchainย tech and secures smart contracts to secure transparency, security, and transaction speed for all activities on its platform.
The platform establish an advance and inclusive platform for accurate forecasting by developing different analyzing tools and algorithms.
The yPredict tokens ($YPRED) have reached the Sixth presale stage, with over $1.6 Million raised so far.
The tokenโs presale price is up by 40 percent selling for $0.09. Itโs set to increase by 28.57%, taking the price to $0.1 in severalย days. Followingย the YPRED presale, it will be listed on numerous exchanges for $0.12.
Only 3 presale stages are left before listing. Interested investors can join this presale by visiting the official site.
DeeLance (DLANCE)
(DLANCE) is an innovative project aiming to empower freelancers and clients through blockchainย tech and secure smart contracts. DeeLance native cryptoย token presale (DLANCE), selling at $0.33 per cryptoย token, has raised over $1 Million. The price of DLANCE will increase progressively after each stage of the presale.
The DeeLance cryptoย token is anticipated forย listing on plentyย of trading exchanges at the price market of $0.057. This will provide a huge opportunity for investors who utilize this current price.
The presale is progressing massively and has reached a milestone of $1,016,858.25 since its inception.
Toncoin (TON)
Recently, the price of TON showed a positive price gain causing investors and traders to be optimistic about the assetโs potential. The strong momentum from the market bull has contributed to price profits, increasing positive market sentiment.
Presently, the investment is up by today 3.53 % representing a value of $1.99, accompanied by a volumeย ofย trading of $17.08 Million. Note that the investment has been on an uptrend for the last 7 days representing an increase of 0.43%.
TON Technical Overview
The Moving Average Convergence/Divergence (MACD) has crossed over the signal line, suggesting positiveย tendency pressure from the bulls.ย TONโs Relative Strength Index (RSI) is asย ofย now at 50.55, indicating a neutral market.
Source: TradingViewNonetheless, itโs criticalย to note that the RSI line is approaching the overbought region over 70. This suggests a likelihoodย of increased buying pressure and a potential overvaluation.
The Bollinger Band suggests a growing momentum as the price of TON is approaching the Upper band (overbought). Note that as the Bollinger Bands widen, it signifies an expansion of volatility, suggesting tendency toย continue or increased price momentum.
Ecoterra (ECOTERRA)
Ecoterra is a project aiming to revolutionize the industry of digitalย currency through a strong commitment to environmental sustainability, aiming for a greener world for all.
The native cryptoย token has achieved a financing milestone, surpassing $4 Million in their presale. The presale is in stage 7, with ECOTERRA cryptoย tokens selling at $0.00850 per token.ย
Itโs criticalย to note that the price of ECOTERRA cryptoย tokens will increase as the presale progresses. In stage 8, which is set toย start in theย following few days, the price is projected to boost to $0.00925 per token.ย
Once the presale phase concludes, ECOTERRA cryptoย tokens will be listed on numerous digitalย currency exchanges at $0.01 per token.
Synthetix (SNX)
The price of Synthetix (SNX) has been showing positive market sentiment, resulting in a 24-hour price increase of 3.56%. The investment has gained over 15 percent within the last 7 days, indicating strong positiveย tendency momentum. Theย present price market of SNX is $2.54, with an estimated volumeย ofย trading of $57.8 million.
SNX Technical Overview
The Moving Average Convergence/Divergence (MACD) is over the signal line, suggesting a strong positiveย tendency momentum.ย This signifies that the bulls control the market and a potential buy signal.
Source: TradingViewSimilarly, the Relative Strength Index (RSI) of SNX is at 60.04, suggesting a growing momentum and an boostย in buying pressure. The price of SNX has hit the Upper Bollinger Band, which impliesย that the investment has high positiveย tendency pressure.ย
It likewise signifies a potential tendency reversal as the price of SNX approaches the overbought zone. Note that as the Bollinger Bands widen, it signifies an expansion of volatility, suggesting tendency toย continue or increased price momentum.
