Despite TON launching an entire ambassador program, its value has fallen and is maintaining this downward trend, scaring its holders. XRP also saw a significant level of pressure, and its future prospects appear pessimistic.
After forming a pullback, the cryptocurrency has begun to trend upwards but to generate demand in the market it still needs to overcome the pressure. Tradecurve, in its third stage of the presale, a lot of investors are watching it closely. Let’s find out why..
Toncoin and Its Downward Momentum
TON announced the launch of TON ambassadors, a program in which users could promote the network and the Toncoin cryptocurrency while getting access to exclusive monthly meetups, partnerships, internships, jobs, progression, and TON merch.
Despite the announcement, Toncoin trades at $1.92 as of May 28, 2023. In the last 30 days, Toncoin decreased in value by 12.2%, and in the last two weeks alone, the cryptocurrency declined by 2.4%. Based on this, investors are scared about its downward trend and momentum and are looking for opportunities for diversification.
XRP Gets Under Pressure
The XRP cryptocurrency trades at $0.473130 as of May 28, 2023. The 7-day low point of value for XRP was at $0.448277. However, its high point of value was at $0.475083. This marks a difference in the value of $0.026806, or by 5.98%.
This recent movement in its value indicates that buyers are aiming to breach the critical zone of its value at $0.56, and if they do, XRP is more likely to reach a long-term bullish rally. However, the cryptocurrency has currently found support at $0.47 and needs to break past this pressure in order to achieve new heights. XRP enthusiasts that are currently looking for growth are likely to look elsewhere; if the price of XRP does not overcome this resistance, it can dip to under $0.4.
Tradecurve Gets Attention From Investors
With cryptocurrencies like Toncoin and XRP facing downward momentum or pressure during the market, Tradecurve can be a substantial addition to anyone’s cryptocurrency portfolio, as the project has already climbed by 25% in the last week, and analysts believe it can climb 100x at launch.
Traders will diversify with multiple types of assets, from forex, CFDs, ETFs, options, and more, Tradecurve unites all of these assets in an on-chain trading platform that’s fully decentralized, offers privacy, borderless access, low fees, and allows each trader to maintain full control over their private keys. Users are not required to complete a KYC procedure to begin trading on top of the platform.
Tradecurve, currently at its Stage 3 presale, is worth $0.015. During its next stage, it will climb by 20% to $0.018. Over 3,200,000 TCRV tokens have already been bought, and analysts are bullish on the future of Tradecurve, as the platform will feature Proof of Reserves (PoR) and high leverage, starting at 500:1, with a dedicated Trading Academy intended to teach newbies everything they need to know.
Learn more at the Tradecurve site or the links below:
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