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Crypto investments always require a vigilant eye, sorting through projects with high potential for growth. Polkadot (DOT) and Ethereum (ETH) investors are currently getting ready for market recovery. Meanwhile, Kelexo's (KLXO) presale, which is positioned as the possible game changer in the lending market, is going forward.
Kelexo (KLXO) whispers a transformation of lending through the use of blockchain technology.
Polkadot (DOT): Charting course amidst resistance and support
Polkadot (DOT) enthusiasts are closely monitoring its price movements as it teeters near key resistance and support levels. Within the range for the resistance at $9.26, Polkadot (DOT) traded at $9.59. It would be able to build a case for higher ground, targeting the $10.25 level if it breaches the hindrance. Conversely, solid support sitting at $6.91 points to some resiliency in the price, although an incursion might send it down toward the $5.55 price point. On the technical front, there emerges a very delicate crossroad wherein at least a 10-day moving average of around $9.37 signals some continued buyer interest. Additional upward confirmation of the long-term trends was taken from the 100-day moving average pegging at $8.21 and pointing to a robust trajectory.
Ethereum (ETH): Navigating price swings and market liquidity
Ethereum's (ETH) price has been highly volatile in March 2024, with a number of notable peaks and troughs on the way up. Even with the post-upgrade fall, Ethereum (ETH) was up 10% over the previous month as of March 28th. Given recent increases in trading activity, the data indicated a volume of transactions that imply market liquidity or long-term investor interest. Increased liquidity of $3,000 is positioning it for possible breakthrough peaks above $4,000 amidst the current bullish mindset. On the downside, IntoTheBlock data supports a strong area of support around $3,500, implying that the bullish impulse can be extended further toward $5,000. Some substantial buying demand may emerge on a decline towards $3,300, damping optimistic expectations.
Kelexo (KLXO): Future of lending?
Kelexo (KLXO) is a new entrance point for investors into the shifting DeFi world. Kelexo (KLXO) is reinventing blockchain-based Web3 lending platforms by harnessing technology to create an ecosystem that delivers innovation to lending through decentralized governance, making the loan and borrowing experience frictionless by eliminating intermediaries.
With Kelexo's (KLXO) presale currently underway in Stage Two, there is an opportunity for interested investors to participate in the loan industry's change. Each of their tokens is offered for any investors who are ready to take expected risks tied to the presales market.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
Arman Shirinyan
Mushumir Butt
Alex Dovbnya
