Recently, Algorand and Near Protocol experienced a significant drop in their prices, causing concern among investors. However, amidst market turbulence, Tradecurve stands out as a promising cryptocurrency, expected to surge by 50% in June. Keep on reading as we will explore the recent price movements of Algorand and Near Protocol and look at the potential for Tradecurve’s upcoming bullish run.
Algorand (ALGO) price dips
Algorand, the decentralized and scalable transactions platform, has lost nearly 20% of its value in the past week alone. The Algorand price has broken through the $0.1500 support and is steadily falling by generating lower low swings.
The weekly chart shows that the Algorand price has fallen for eight weeks. There are still indicators of decline and no evidence of Algorand’s recovery. Additionally, the general market mood is shifting downward, accelerating Algorand’s downward trajectory.
Currently, Algorand has a value of $0.1147 with a market cap of $831M, a rise of 2.45% in the last 24 hours. With a bearish technical analysis, many experts also predict that Algorand may fall to its support level of $0.0976 soon.
Near Protocol (NEAR) is down 18.5% on the weekly charts
Similarly, Near Protocol, a decentralized application platform, faced a similar price decline, reflecting the market’s overall sentiment. Near Protocol went down by 18.5% in the last seven days.
Recently, Near Protocol announced that it would bring token proof to its Blockchain Operating System, enhancing the user experience on web3 by making it safer and more effective. This news caused a slight rally for Near Protocol as it now trades hands at $1.21 with a market cap of $1.1B, increasing by 0.55% overnight.
However, the moving averages for Near Protocol show a strong sell signal, which could cause the selling pressure to grow. With this in mind, market analysts forecast a drop below $1.20 for Near Protocol in the near future.
Tradecurve (TCRV) seen as the most promising investment opportunity
While Algorand and Near Protocol are experiencing price corrections, Tradecurve shows strong bullish signs and is expected to surge by 50% in June. Tradecurve is a decentralized trading platform that could become a market disruptor as it allows the trade of forex, stocks, indices, bonds, options, and ETFs on one account. Additionally, the platform’s focus on privacy, elimination of sign-up KYC checks, and allowing traders to utilize their cryptocurrency assets as collateral make it a very appealing option.
Tradecurve’s innovative features, such as the ability to enroll in a metaverse trading academy, high leverage starting at 500:1, and negative balance protection, make it an attractive option for traders.
One notable feature of Tradecurve will be the ability for traders to subscribe to automated & AI trading bots. Automated trading bots can simultaneously execute trades across multiple cryptocurrencies or trading pairs, enabling beginners to diversify their portfolios. Additionally, these bots often incorporate risk management tools such as stop-loss orders, which help limit potential losses and protect capital.
Furthermore, Tradecurve’s hybrid nature, combining the advantages of centralized and decentralized exchanges, provides users with high liquidity, low latency, and a seamless trading experience. This unique approach positions Tradecurve as a strong contender in the cryptocurrency market, making it an attractive investment opportunity.
The platform’s native token, TCRV, can potentially deliver substantial returns for investors as it currently costs only $0.015, and each purchase comes with a 25% deposit bonus. But this is the Stage 3 presale price, and as it advances, it will not be available. With some experts even forecasting a 50x jump by the time its presale finishes, a 100x growth is not out of the question since TCRV looks to be listed on Uniswap or a Tier-1 CEX following its launch.
Countless individuals have flocked to this presale with benefits such as governance voting rights, staking bonuses, and discounts on trading bot subscription fees. If interested, follow the links below and purchase this token set to surge by 50% in June for an affordable price.
For more information about the Tradecurve presale:
Click Here To Buy TCRV Presale Tokens
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