The post Crypto Analyst Forecasts XRP To Reach $1.88, Whales Continue Accumulating KangaMoon,  Chainlink appeared first on Coinpedia Fintech News

Crypto analyst Dark Defender is optimistic about Ripple’s XRP and has predicted a surge to $1.88. Meanwhile, whale investors have been on a buying spree, accumulating the top altcoins, Chainlink and KangaMoon.

Ripple (XRP) Price Prediction 

Dark Defender, a top crypto market analyst, has caused excitement in the crypto community with their bullish Ripple (XRP) price prediction. The analyst predicted that Ripple could reach $1.88. 

Dark Defender highlighted that the Fibonacci level ended exactly at $0.5286, as anticipated. According to him, this sets the stage for Ripple to hit wave three targets of $1.88 and $5.85.

Meanwhile, Ripple coin trades between $0.4995 and $0.5341 on the 7-day price chart. The DeFi coin price has increased 2.7% in the past week, although it failed to wipe the 9.9% loss on the monthly chart.

While Dark Defender has given a bullish forecast for Ripple coin, its technical indicators are currently bearish. Firstly, it trades below the 50-day SMA ($0.556665) and 200-day SMA ($ 0.557095). Also, its 14-day RSI is below the 50 mark.

Chainlink (LINK) Price Soars As Whale Amass 4,556,684 LINK Tokens

Chainlink (LINK) has caught the attention of whale investors, with a particular whale address amassing millions of LINK tokens. According to Lookonchain, this whale has been actively buying Chainlink coins over the last three days. 

The whale has amassed 4,556,684 LINK tokens worth around $83.6 million at the current price. This buying spree by the whale is seen as a bullish sign. It signals that the Chainlink price could continue to see more upward price movements in the coming weeks.

According to CoinMarketCap, Chainlink price has increased 4.8% in the past week. The DeFi coin soared from a low of $18.07 to a peak of $20.69. Analysts have predicted that Chainlink can rise to $30 if this bullish sentiment continues.

Whales Interest in KangaMoon (KANG) Spikes 

KangaMoon (KANG) has emerged as the best crypto to buy in the past week as whales stockpile large amounts of KANG tokens. This large accumulation is due to the features which KangaMoon promises to offer.

KangaMoon is setting the stage for a dedicated platform that unites meme coin fans under one roof. Its utility token, KANG, will be different from other memecoins like Dogecoin and Shiba Inu, which mainly thrive on the hype with minimal utility. 

KangaMoon’s KANG token will offer tangible benefits such as exclusive discounts and rewards, making it the best crypto to buy. Also, the platform is designed to be more than just a place for earning rewards; it aims to foster a vibrant community where users can share their enthusiasm for memecoins. 

Currently, the KANG token is priced at an accessible $0.005, with market experts forecasting a significant 35x increase in value post-launch. As a result, this is the best time to join the KangaMoon presale and be part of an engaging meme coin community.

Conclusion 

While Ripple continues to battle bearish pressure, Chainlink and KangaMoon have become the top altcoins for investors. Apart from their bullish price performance, both of them have unique features that will ensure they are relevant in the future.

Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Telegram Community: https://t.me/Kangamoonofficial

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Filed under: Bitcoin - @ February 13, 2024 6:44 am