Ali Martinez Bearish on Bitcoin’s Future – Traders Turn to Uniswap and KangaMoon After Recent Spikes

The post Ali Martinez Bearish on Bitcoin’s Future – Traders Turn to Uniswap and KangaMoon After Recent Spikes appeared first on Coinpedia Fintech News

Bitcoin (BTC) has recently seen a downward trend, resulting in a price correction, and this has caught the attention of crypto analyst Ali Martinez. Worried investors and traders have already begun to diversify their holdings and have turned their attention to Uniswap (UNI), as despite price correcting as-well, is still up 91% year-to-date (YTD).

Those looking to profit in this ongoing market are now turning to KangaMoon (KANG), as it’s raised over $4.2 million with its presale and has increased in value by 290%. To see why this is the case, we will go over each crypto in-depth. 

Bitcoin (BTC) to Experience Multiple Price Corrections – Can It Still Reach $100K?

Bitcoin (BTC) has recently undergone a price correction period which has left many traders and investors worried about its future. Specifically, crypto analyst Ali Martinez recently went over the TD Sequential indicator which indicates a sell signal on the Bitcoin crypto’s weekly chart, anticipating one to four corrections. 

Moreover, during the past year, the Bitcoin price USD saw a spike of 133%, which pushed its value briefly over the $71,000 range before it corrected again. Yet, according to the Bitcoin price prediction, it can end 2024 at $110,203.

Uniswap (UNI) Grows to Above $13 After 91% YTD Spike

Uniswap (UNI) has been one of the go-to cryptocurrencies for diversification for those looking to regain some of the losses. Despite its recent correction, the Uniswap price saw a spike of 91% year-to-date (YTD) as-well.

Moreover, during the previous week, the Uniswap crypto moved from a low point of value at $11.31 to a maximum value at $13.28. As a result, $15 is now the next major price barrier that it needs to pass in order to reach new heights. According to the Uniswap price prediction, it can end 2024 at $19.80.

KangaMoon (KANG) Reaches Stage 5 of Its Blockchain ICO

KangaMoon (KANG) can experience a remarkable level of growth and is pushing towards new heights, fueled by massive optimism and appeal in its presale. The catalyst for this growth has been its unique ecosystem which integrates Social-Fi elements, Play-to-Earn (P2E) features and a community-driven approach.

Moreover, on top of the KangaMoon platform, anyone can access tournaments and complete challenges. Those who do not want to actively participate can also just spectate and place bets. By doing so, they are rewarded in the form of KANG tokens or NFTs. 

The presale raised over $4.2M, and could soon reach $5M according to projections. The token’s value spiked 290%, and is now at Stage 5 of the blockchain ICO. At this rate of growth, analysts project that it can spike by 50x at launch, making it the best crypto to invest.

Summary

It’s clear that Bitcoin is undergoing a price correction phase, and that Uniswap could be affected as-well, despite many traders diversifying with that crypto. As a result, KangaMoon is positioned to provide the most significant returns in 2024 and beyond, positioning KANG as the best crypto to invest.

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

Website: https://KangaMoon.com/

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