Bitcoin (BTC) and Maker (MKR) Move Past Major Resistance Points, KangaMoon (KANG) Disrupting Memecoin Market

• Bitcoin is facing resistance but can surge as high as $71,373.32 by the end of 2024
• Marker has moved above the $1,900 support and can spike as high as $3,254.15 by the end of Q4
• KangaMoon is introducing a unique, community-driven approach and is making a mark in the Web3 space

Bitcoin (BTC) could soon see a significant spike in its value, and Maker (MKR) has showcased bullishness on the charts. While both of these altcoins are building momentum, the KangaMoon (KANG) blockchain ICO has captured the attention of the crypto market with a unique, community-driven approach. Today, we will uncover the future price potential for each one of these cryptocurrencies and determine just how far they can spike.

Bitcoin (BTC) Faces Resistance at $42,900 – Price to Reach $71,373.32

Bitcoin (BTC) is now facing a short-term decline, as its value has jumped from a crucial support region, leaving it at the 100-day EMA. Yet, the Bitcoin price is now embarking on a bullish retracement, and if successful, the crypto can reclaim its annual high at $48,000.

According to the on-chart data for the Bitcoin crypto, its value has led to a phase of consolidation with minimal volatility. It’s now at the $42,900 resistance, and BTC needs to regain momentum from bulls in order to reach new heights. Despite all of this, based on the Bitcoin price prediction, it can climb as high as $71,373.32 by the end of 2024.

Maker (MKR) Moved Above $1,9000 – Targets $3,254.15 Next

The Maker (MKR) price momentum is bullish and indicative of the crypto’s future momentum. Its value is respecting the 200-day EMA support and has succeeded in pushing the price above the 50-day EMA. 

The Maker price is showcasing a solid short-term trend and is heading in an upward direction. Bulls seem to be returning back on track to the Maker crypto, and at this rate, it could achieve a value above its current $1,900 support. According to the Maker price prediction, it can end 2024 at $3,254.15.

KangaMoon (KANG) Introduces a Community-Driven Approach and Social-Fi elements

KangaMoon (KANG) is getting a lot of attention as it has captured significant appeal from the Web3 community. This is due to its unique, community-driven approach, as its also integrated Social-Fi elements into its ecosystem as it aspires to take on meme coins such as Shiba Inu and Dogecoin.

These projects are typically driven through community support and activity. Yet, KangaMoon is allowing meme coin enthusiasts to monetize their time using the platform. The more a user engages with the ecosystem the greater rewards they can get.

Moreover, KANG hodlers are empowered to earn additional tokens through an array of different activities, including ones that occur weekly, monthly or quarterly. The innovative approach has made a major mark in the industry. Now, the cryptocurrency is in its blockchain ICO period, where a single KANG token trades at $0.005. However, analysts predict a price upswing of 100x following its launch. 

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