The crypto market is very volatile and price changes are bound to occur at any time. As a result, investors are always keeping an eye on the market, monitoring price changes, and knowing which project has great potential. Meanwhile, three crypto projects have caught the attention of investors and they include Polkadot, Ethereum, and Tradecurve.
Todays analysis of the Polkadot price reveals a positive trend as it has regained a significant portion of its lost value. At the time of writing, the price of Polkadot (DOT) is $5.27, with a trading volume of $117,875,366 over the past 24 hours. This is a 0.90% increase in price within the last 24 hours.
The current strongest resistance level is found at $5.49 while the strongest support level stands at $5.23. However, DOT/USD has recently dipped below the Moving Average (MA) curve, which is considered a bearish signal in the market for Polkadot (DOT). This suggests that Polkadot could see more downward price movements if bulls fail to hold the $5.23 support.
Ethereum (ETH) started the year on a bullish note but over the last six weeks has been subject to bearish sentiment. However, Ethereum (EH) is back on track, recently crossing the $1,870 resistance level. Ethereum currently trades above both $1,870 and the 100-hourly Simple Moving Average. Additionally, there are indications of a potential short-term inverse head and shoulders pattern on the same chart.
According to CoinGecko, Ethereum (ETH) is trading at $1,887.94, a 1.74% price increase within the last 24 hours. The altcoin has already surpassed the $1,880 resistance level and is heading for $1,900. If the bulls fail to maintain the current level, the tokens price could drop to the $1,870 support level and further to $1,855 and $1,840 if more bears enter the market.
Despite the latest price uncertainty surrounding Polkadot and Ethereum, investors are still bullish on cryptocurrencies with a large number of them moving to Tradecurve whose utility token just surged 25% as it entered the third phase of its token presale.
Decentralization, security, privacy, and advanced trading features like AI trading and copy trading are the primary focus of Tradecurve. Unlike traditional centralized platforms like Kraken and Huobi, which require users to complete a KYC registration, traders can trade anonymously on Tradecurve.
This innovative approach will allow users to trade forex, cryptocurrencies, stocks, and commodities while utilizing cryptocurrency as collateral. Given the booming nature of the foreign exchange market, analysts forecast a 50x increase as the TCRV presale progresses.
Furthermore, a 100x surge can be expected after the platforms launch and subsequent listing on a Tier-1 CEX.
To enjoy trading fee discounts and staking rewards, users must buy and hold Tradecurves utility token, TCRV, which is currently in Stage 3 of its presale and priced at only $0.015. Smart investors can jump on Tradecurve exchange now by clicking on the links below.
Click Here For Website
Click Here To Buy TCRV Presale Tokens
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Excerpt from:
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