If you observe the crypto space for long enough, you will start to notice some patterns. Things like price movements, investor behavior, and coin trajectory all tend to follow certain repeated patterns based on identifiable variables. With the right analysis, you can also understand, anticipate, and predict these patterns to make the most out of them.
Smart investors from Solana (SOL) and Litecoin (LTC) appear to have noticed a pattern with a new coin, Kelexo (KLXO), and are trying to beat the curve and buy in early. We go into the variables behind this and see what patterns are visible from the early stages of Kelexo (KLXO).
Solana (SOL) holders looking the other way
Solana (SOL) is a huge blockchain claiming up to $38 Billion in market cap. However, investors in the token will be disheartened as Solana (SOL) declined to $83.32. In the last 24 hours, Solana (SOL) could only go as high as $87 while it sank as low as $79.
There is little doubt that this is reversible, but with its recent downtrend, fears are that SOL is completely out of gas after its rally from the end of last year.
Litecoin (LTC) holders breathe a sigh of relief after a sharp fall
Many portfolios will be left a little less valuable after Litecoin (LTC) took a hit today. LTC rose to $72 some days back but could only stay there for a short while, falling from yesterday to as low as $63.42. It has now seen some recovery, back up to $64.91 per Litecoin in the last few hours and investors will hope it continues upwards.
What do investors see in Kelexo (KLXO)?
There’s no doubt Kelexo (KLXO) is gathering a crowd of admirers in the crypto space but how much of it is actual value and how much is simply FOMO? With many experienced investors interested in the project, it’s unlikely to be just about the hype. More often, the best investors try to invest in promising new opportunities to reap huge returns and Kelexo (KLXO) looks like one of them.
Kelexo (KLXO) costs about $0.22, much cheaper than other established coins. With analysts suggesting it could go as high as 500 times its value shortly after launch, there looks to be some promise in Kelexo’s (KLXO) presale. Investors could also see regular payments from Kelexo (KLXO) based on their holdings for buying the coin in its presale.
The project itself seems solid and this is crucial for picking investments. Kelexo (KLXO) offers a new blockchain-based approach to lending and is the first of its kind.
It’s hard to judge Kelexo (KLXO) by patterns because there are only a few projects with as much value and potential. Analysts have said that Kelexo (KLXO) looks next in the line of blue-chip projects. From what we know, Kelexo’s (KLXO) trajectory points upwards and it is taking investors who step in now with it.
Find out more about the Kelexo (KLXO) presale at their official website.
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