Crypto expert explains why NEAR is one to avoid and ADA & Kelexo (KLXO) are on the move in 2024
The post Crypto expert explains why NEAR is one to avoid and ADA & Kelexo (KLXO) are on the move in 2024 appeared first on Coinpedia Fintech News
An increasing number of crypto observers are tipping Kelexo (KLXO) as one of the best investment opportunities of the year. With its unique value proposition in a lucrative niche, Kelexo (KLXO) has been touted as the next presale gem that could go on a parabolic growth run in 2024. Near Protocol (NEAR) and Cardano (ADA), meanwhile, are projects that have already had their day in the sun, making them less attractive opportunities this year.
NEAR Protocol (NEAR) Down 87% from All-Time Highs
NEAR Protocol (NEAR) is on the wrong end of a bad run. NEAR Protocol (NEAR) token prices are down 14.4% in the past month and 11% in the past week as it traded at $2.71 in the past 24 hours. Currently, NEAR Protocol (NEAR) is trading 87% below its all-time high of $20.44, which it last achieved in January 2022. NEAR Protocol (NEAR) has been virtually stuck in reverse since, with no respite for token holders even as 2024 brings with it the promise of a coming bull run.
Cardano (ADA) Locked in a Struggle With Bulls and Bears
Cardano (ADA) is currently stuck in a tug-of-war between buyers and sellers, hovering near the key support level of its 20-day EMA (Exponential Moving Average) at $0.50. This sideways movement is reflected in the flat 20-day EMA and an RSI (Relative Strength Index) around 50, indicating neither overbought or oversold territory. As of this writing, Cardano (ADA) is dangerously close to breaking support at $0.48, currently trading at $0.4807 as of this writing—indicating Cardano (ADA) bears are winning thus far in February.
Kelexo (KLXO) Ready to Make Big Strides in 2024
Kelexo (KLXO) is a presale project on the verge of a major breakout year in 2024. Thus far, over 5,000 presale participants have joined stage 1 of Kelexo’s (KLXO) presale launch, taking advantage of discounted Kelexo (KLXO) token prices at $0.022. Crypto observers predict Kelexo (KLXO) could generate substantial returns on investment with its innovative decentralized P2P lending marketplace protocol. Moreover, Kelexo (KLXO) is expected to play a major role in the DeFi scene, with the sector expected to undergo a renaissance in 2024.
How? Kelexo (KLXO) is taking peer-to-peer lending to a whole new level by allowing lenders and borrowers to take full control of lending and borrowing without intermediaries. All lenders need to do is to set their desired loan terms, amount and long-term value and list them on the platform, while borrowers simply have to shop for the most adequate loan for their needs.
Market analysts believe Kelexo (KLXO) could trade around the $0.60 range later in 2024, representing a solid 30x gain for stage 1 investors. Prospective investors are advised to act soon since token prices are expected to rise in succeeding stages. Join the Kelexo (KLXO) presale today for a chance to sit on profits even before Kelexo (KLXO) launches on major exchanges.
Find out more about the Kelexo (KLXO) presale by visiting the website here
Filed under: Bitcoin - @ February 13, 2024 6:53 am