Home Analysis Crypto price prediction: Kava, Cardano, Render Token

Crypto price prediction: Kava, Cardano, Render Token

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  • Cryptocurrency prices have plummeted this week, partly because of Bitcoin congestion.

  • KAVA, the protocol that generates DeFi, was one of the highest performing tokens.

Cryptocurrency Prices had a tough week as concerns continued for the industry. Bitcoin fell below $27,000 and the market cap of all digital currencies plummeted to $1.1 trillion. In addition, memecoins such as Pepe, Milady Meme Coin, Mrs Pepe and Pepe AI have also plunged in recent days. This crypto price prediction considers Kava, Rendertoken, and Cardano.

Hippopotamus price prediction

Hippopotamus The price has become one of the best performing cryptocurrencies this week. It briefly rose to $0.9353, its highest since April 19. It surpassed the 38.2% retracement level on the 4H chart.

Kava also outperformed the 25- and 50-period Exponential Moving Averages (EMAs) while the Relative Strength Index (RSI) and MACD rose sharply.

Therefore, the outlook for Kava token is bullish and the next major resistance level to watch will be $1. This view will be confirmed if the price breaks out of major resistance, the April high of $0.96. The stop loss on this trade is at Friday’s low of $0.84.

How to buy a hippopotamus


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Render Token Price Prediction

render token Prices soared in April as investors supported a vote to move to Solana. But this month, the token has rebounded, dropping 34% from its all-time highs. Rendering moved to the 50% retracement level, below the 25- and 50-day exponential moving averages.

The RNDR also retested the key support level at $1.6100, the April 21st low. Therefore, the token has rebounded moderately over the past few days, but we expect the bearish trend to resume as sellers target the critical support at $1.400.

How to buy RNDR


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swap zone

Swapzone is a cryptocurrency exchange aggregator that acts as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, a secure user flow, and crystal clear data for users to find the best exchange rates from across the cryptocurrency market.

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Cardano price prediction

CardanoLike other major cryptocurrencies, it has been on a downward trend over the past few weeks. Selling intensified on April 20 after the coin broke below the lower side of the rising channel marked in red. It is also below the 25- and 50-period exponential moving averages and the April 25 lows of $0.3786.

Therefore, we suspect ADA price is about to bounce back to retest the $0.3786 resistance and then resume the bearish trend. Further downsides will be confirmed if the price breaks below this week’s low of $0.3500 support.

How to buy Cardano


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