Apple stock (AAPL) recently reached an all-time high of $183.49, boosted by expectations for the announcement of iOS 17, new Macs, and its first mixed reality headset at the WWDC keynote. The stock has rebounded strongly this year, up 46%, as investors remain positive about the tech sector and overcome inflation and recession concerns.
With a market cap nearing $3 trillion, Apple is on the verge of a historic milestone. Resilient demand for iPhones and positive quarterly results have fueled investor optimism, leading to a 10% increase in the stock over the past month. Apple’s foray into augmented and virtual reality with Apple XR could potentially become a $20 billion business in the future. In this article, we examine whether you should invest in Apple or bullish cryptos like XRP (XRP), Avalanche (AVAX), or Caged Beasts (BEASTS).
XRP (XRP): On Its Way Back Up?
While XRP’s price recovery has been slow compared to other top cryptocurrencies, it is gaining institutional interest, potentially leading to new year-to-date highs. Despite a recent market pullback, XRP stood out as the preferred asset among institutional investors, with inflows of $1.1 million. Bullish signals from the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) further support the possibility of price gains. Retail investor interest in XRP has decreased, making institutional support crucial for future growth. Breaking out of a downtrend, XRP surpassed $0.50 and aimed for its local high of $0.5658. The resolution of the SEC lawsuit against Ripple could revive retail investor interest and propel XRP’s price upward.
Avalanche (AVAX): Could it Reach the $15 Recovery Level?
Avalanche (AVAX) is predicted to recover and potentially reach $15 as Bitcoin rallies (at the time of writing). To reach this level, AVAX needs to break out from its primary resistance level at $12.65. The price has started its recovery from the demand zone at $11.08 and has gained 1.16% during the day’s trading session, with increased trading volume. AVAX aims to sustain itself above the 20-EMA and move beyond the 50, 100, and 200-day Daily Moving Average. Technical indicators, such as the RSI and MACD, show upward momentum and suggest a positive trend. Investors are advised to be patient and monitor the breakout of the primary resistance level before making investment decisions.
Caged Beasts (BEASTS): The Next Big Meme Coin?
Caged Beasts (BEASTS) is an innovative meme coin that introduces the concept of ‘Caged Liquidity’ and focuses on community involvement and transparency. The project donates a portion of its profits to charities combating animal cruelty, demonstrating its commitment to social impact. Participants in the presale can enjoy exclusive bonuses and referral rewards. Freshly in its presale stage, Caged Beasts, engages the community through competitions and giveaways, fostering brand loyalty. With its unique storyline and community-oriented approach, Caged Beasts distinguishes itself from other meme coins. The project’s potential success lies in its captivating concept and the anticipation of witnessing the growth of its genetically mutated creatures.
What Should You Invest In?
Investing in Caged Beasts during its presale stage offers the opportunity for potentially high returns on investment. Unlike established assets like Apple, XRP, or Avalanche, Caged Beasts is at an early stage, presenting the potential for significant growth. Additionally, the project’s unique concept of ‘Caged Liquidity,’ commitment to transparency, and dedication to combating animal cruelty through charitable donations make it an appealing choice for those seeking a socially impactful investment. The presale bonuses and referral rewards further enhance the potential returns for investors.
Learn more about Caged Beasts:
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS
