Cryptocurrencies are susceptible to many external factors. It’s no surprise that Ripple (XRP) and Waves (WAVES) are struggling after the market turned bearish. Fortunately, TMS Network (TMSN) was unaffected, and had a successful price rise.
TMS Network (TMSN) Is Revolutionizing the Crypto Trading Industry
TMS Network (TMSN) is the first decentralized trading platform where users can trade all derivatives using cryptocurrency. Stocks, Forex, assets, and more can be traded on TMS Network (TMSN) without creating an account or sharing personal information. TMS Network (TMSN) offers high-speed transactions without intermediaries or approvals to delay the process. Users can directly connect their wallets to TMS Network (TMSN), and start trading for a low transaction fee. Furthermore, TMS Network (TMSN) has a state-of-the-art platform and infrastructure that allow users to copy the moves of the best traders and earn the same kind of profits. The company has TMS Network (TMSN) native tokens, which give investors and token holders additional rewards. TMS Network (TMSN) token price increased from $0.038 to $0.06 during the presale. Users who hold TMS Network (TMSN) tokens can also earn a commission for the transaction volume on the platform.If you become an investor of TMS Network (TMSN) today, you stand a chance to earn a 10% deposit bonus.
Analysts Wonder If Ripple’s (XRP) Price Rally Is Coming to an End
Ripple (XRP) rose high in the last couple of weeks. Ripple (XRP) began to gain traction after March 18th, and shot up to $0.4897 on the 22nd. Then, Ripple (XRP) touched $0.5749 on the 29th before it began to slip downward. Analysts calculated that Ripple’s (XRP) moving averages denoted a bullish trend. However, things aren’t great for Ripple (XRP) as it has been unable to successfully break the resistance level at $0.55. This indicates a possible price correction for Ripple (XRP) token. $0.43 is marked as a potential support area. Experts believe that Ripple (XRP) is more likely to face a short-term setback based on its current movement. On 4th April, Ripple (XRP) was at $0.499 after losing 2.9% in 24 hours. While there has been less than a 5% loss in trading volume, Ripple (XRP) needs to rally harder to break the resistance and establish a bullish trend.
Waves (WAVES) Unable to Breach the $2.2 Resistance Level
Sasha Ivanov, Waves (WAVES) founder, has announced that the platform’s shortcomings will be sorted out shortly. It appears that the Waves (WAVES) price graph is aligning with the crypto market pattern. All major factors that turned the market bearish have also affected Waves (WAVES) in recent times. Waves (WAVES) began in 2023 on a tentative note but soon shot up, and gained momentum. In fact, Waves (WAVES) touched this year’s highest yet ($3.3152) on 20th Feb before falling below the $3 mark, and then further falling to less than $2.50. Unfortunately, it has been more than a month since Waves (WAVES) touched $2.50. Analysts noted that Waves (WAVES) is struggling at the resistance level of $2.2, and may have support at around $2. The Balance of Power indicator shows that Waves (WAVES) will continue to be bearish, and may even fall below the dollar mark. On 4th April, Waves (WAVES) was priced at $2.08 after gaining 0.49% in 24 hours.
Learn more about TMS Network here:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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