Top 5 Cryptos Expected To Pad Investors’ Portfolio With Gains
KAVA
Although last week was painful for investors, KAVA saw gains in both TVL and price. According to , the Kava ecosystem’s TVL grew by over 3% in the past 24 hours with steady gains since last week. KAVA itself is experiencing bullish pressure, with the up more than 43% in the past seven days.
Source: DefiLlama
The token’s current momentum seemed to be slowing down, showing signs that KAVA may face losses in the short term. However, a rebound from $0.782 will open the path to $1.46 as investors gain confidence along with the general market rebound.
LDO
After Lido V2 in February, Lido has exempted itself from the general market downturn in the past few weeks. According to CoinGecko, the price of LDO rose by nearly 23% since last week. This shows investors’ strength along with a strong to ensure Lido’s dominance in the DeFi industry.
Calling all frens 📢 Wallet Web Extension is now integrated with 🤝 Stake your ETH, manage your funds seamlessly, and enjoy the multichain benefits via OKX Wallet with just a few clicks 🖱️ — OKX (@okx)
LDO bulls are currently trying to flip the $2.08 resistance to support opening up a path toward $2.8. LDO’s rise to this price point is inevitable, but this can only happen if the current momentum of the market continues its bullishness. Monitoring the price movement of the major cryptocurrencies will give investors an edge over the bears.
BGB
With the of its cartoonified ETFs, Bitget’s BGB gained dominance in the crypto market. CoinGecko data reveals that the token gained 15%, going against the grain of the market decline. This makes BGB a great token to hold at the moment.
BGB has found support on $0.46. This will be the crucial support in which the token will find higher highs in the long run. With BGB following the current wave of the market, investors and traders will enjoy gains in the medium to long term.
RPL
Rocket Pool has been creating buzz recently as they their horizons. Along with their Atlas upgrade, RPL gained the confidence of investors to manifest gains in the long run. According to CoinGecko, the token is up nearly 12% in the past few days following the rise of the major cryptocurrencies.
🚀 Things are heating up for . The protocol now has more than 500K staked. That’s an 11% increase since the Atlas upgrade went live on April 17. Rocket Pool is now the 5th largest staking provider. 🔗 reports: — The Defiant (@DefiantNews)
With the bulls targeting $53.67 resistance, a flip to support on this level will open up the path toward $58.88. However, this can only continue if the market keeps up the momentum. Thus, monitoring the current market sentiment will be beneficial for investors and traders.
Crypto total market cap slightly above $1 trillion on the daily chart at
BSV
With the recent noise by proponents that Bitcoin SV’s bigger block size and lower transaction fees make it a better BTC alternative, BSV in value by 16% according to CoinGecko. Along with the listing on Bitforex, this coin will certainly continue to ride the bullish wave in the market.
🤩More will be added to BitForex: , and ⏰Starts soon! 🔗More details: ✈️TG Community: — BitForex (@bitforexcom)
The coin has a big potential to regain ground on the $55.18 resistance in the long term. With the coin being marketed as a better alternative to Bitcoin, more investors may put capital as time goes on. Once $55.18 becomes support, $81.64 resistance should be targeted by investors and traders.
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk)
-Featured image from GreenBiz
