Ethereum on the Brink of Hyped Resistance, VeChain and Tradecurve Prices on Upward Swing
Photo: Tradecurve
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Ethereum, the second most popular cryptocurrency, is on the cusp of an eagerly anticipated resistance level. Meanwhile, VeChain, known for its blockchain-based supply chain solutions, and Tradecurve, an emerging hybrid exchange, have gained momentum with their price surges. Keep reading as we dive into the latest developments surrounding Ethereum’s resistance, VeChain’s upward swing, and Tradecurve’s promising growth.
Ethereum could reach a resistance level which may determine its future
VeChain skyrockets by 24.9% in the last week alone
An upcoming Coinbase rival, Tradecurve shows excellent upside potential as it soars by 80%
Ethereum (ETH) to Reach a Resistance Level
Ethereum has long been a frontrunner in the cryptocurrency ecosystem, driving innovation and fostering the development of decentralized applications and smart contracts. The recent surge in Ethereum’s price has placed it in a crucial position as it approaches a critical resistance level of $1,936.
Market analysts and traders closely watch this level as it could determine the short-term direction of Ethereum’s price action. The cryptocurrency community awaits a potential breakout, which could trigger a new wave of bullish momentum for Ethereum pushing its value past $2,000.
At the moment, Ethereum is trading hands at $1,880.67 with a market cap of $226B, a drop of 2.10% in the past 24 hours.
VeChain (VET) and Its Impressive Surge
VeChain, a blockchain platform focused on supply chain management and product verification, has been making headlines with its notable price surge of 24.9% in the past week alone.
This surge occurred as the general cryptocurrency market turned bullish following the Bitcoin rally past $30,000. Moreover, VeChain’s technology, which enables businesses to track and authenticate products throughout the supply chain, has gained significant traction in various industries. The recent surge in price reflects the market’s recognition of VeChain’s potential to revolutionize global supply chains.
VeChain has a value of $0.01838 with a market cap of $1.3B, going down by 0.95% in the last day alone.
Tradecurve (TCRV) Shows Promising Growth
Tradecurve, a hybrid exchange combining centralized and decentralized features, has generated buzz within the online trading community alongside VeChain and Ethereum. The platform’s unique approach offers users the benefits of centralized and decentralized exchanges, such as self-custodial portfolio management, low latency, fast order execution, slippage-free trading, and access to multiple asset classes.
The presale for this project has witnessed impressive growth, with its prices surging by 20% in the past week alone and capturing the attention of traders seeking innovative trading options. The platform’s innovative advanced trading features and commitment to privacy have contributed to its growing user base, which has already surpassed 12,500 registered users – and for a platform that is still not released, this number is very high.
Tradecurve aims to lower the entry barriers to online trading by allowing users from all over the globe to create an account using a working email only. This means no sign-up KYC requirements that are intrusive or time-consuming. Instead, users can connect a crypto wallet to this account and choose a cryptocurrency for collateral. This ensures an entirely private trading environment where users can remain anonymous.
Another differentiating factor from traditional trading platforms such as Coinbase and E-trade is that Tradecurve allows the trade of all derivatives on one account. Because not too many exchanges allow cryptocurrency, as well as stocks, bonds, indices, ETFs, options, and more, to be traded on a single account, Tradecurve could become a fan-favorite for millions of traders. All of these traders will have complete control over these assets since the decentralized nature of Tradecurve eliminates all third-party intermediaries.
Features are also essential for trading platforms, and Tradecurve also has that area covered. High leverage starting at 500:1, subscriptions to AI-driven & automated trading bots, a metaverse trading academy, and a copy trading feature allowing beginners to subscribe to veterans and replicate their trades are only some notable features that Tradecurve will implement.
These features will be powered by its native token, TCRV, now in Stage 4 of its presale with a value of $0.018 – a surge of 80% from its starting price. Market analysts claim that TCRV has excellent long-term growth potential as the platform taps into many booming financial markets, such as the cryptocurrency market, which has a current market cap of $1.1T. Tradecurve offers governance voting rights, trading fee discounts, and passive income through staking for TCRV holders to incentivize purchase.
Countless individuals have flocked to this presale as over $2.5M have been raised already, and with predictions that the TCRV token could surge by 50x by the time its presale finishes, those who have bought it early on are set to make incredible gains. If interested, sign up for the presale below and earn a 25% deposit bonus.
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