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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected
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Breaking News: Expert Alleges Bitcoin Under Siege Again, ETFs And BlackRock Suspected

TMS Network (TMS) Is Riding a Bullish Wave as Chainlink (LINK) and Render (RNDR) Get Affected by the Market Slump

Bitcoinist
by Bitcoinist
Last Updated: May 12, 2023 12:29 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The recent crypto market crash has affected Chainlink (LINK) and Render (RNDR), delaying their possible bullish trends. Fortunately, TMS Network (TMSN) is unaffected by these developments, and is going steady during the presale.

TMS Network (TMSN) Raises More than $5.2 Million During Presale

TMS Network (TMSN) is the first crypto platform to trade derivatives without fiat currency. Backed by powerful AI algorithms, TMS Network (TMSN) offers a multitude of features to users. From price aggregation in milliseconds to using trading bots to make better decisions, TMS Network (TMSN) ensures that users can generate more profits by copying the trading decisions of experts.

Another beneficial aspect of TMS Network (TMSN) is non-custodial portfolio management, where users have full control over their assets. TMS Network (TMSN) token holders can also earn a commission from the revenue generated by the trading volume.

TMS Network’s (TMSN) native token is currently in its presale stage, and has raised over $5.2 million. Buying TMS Network (TMSN) during presale provides additional benefits like voting rights and membership in an exclusive VIP club. TMS Network (TMSN) token is priced at $0.088. Analysts say that TMS Network (TMSN) is displaying a strong bullish trend.

Can Chainlink (LINK) be Successful in Reclaiming Area Above the Trend Line?

Chainlink (LINK) had ups and downs during the last seven days. Based on the price hike between May 4th and 6th, analysts predicted that Chainlink (LINK) would try to reclaim the important area above the trend line. They say that Chainlink’s (LINK) price may go even higher if bulls get back into the game. Users hoped the Chainlink (LINK) token would break above the $7.50 mark. The news about Chainlink’s (LINK) partnership with AWS (Amazon Web Services) to support its entry into the Web3 market seemed to bring favorable developments. Chainlink (LINK) will assist AWS in building a robust framework for Web3. However, the changes in the crypto market trends might affect Chainlink’s (LINK) bullish rise. Early morning on 8th May, Chainlink (LINK) fell from $6.91 to $6.82. Currently, Chainlink (LINK) is priced at $6.71, after losing 3% in the last 24 hours. We’ll have to see if the bulls will try to push the Chainlink (LINK) price upward or give in to selling pressure.

Render (RNDR) Is Still Facing Rejection at $2.314

Though it seems like Render (RNDR) had a good graph last month, the token couldn’t cross the $2.314 mark last week. Render (RNDR) touched $2.57 on 28th April but couldn’t sustain the price. Analysts noted that Render (RNDR) has been trading above the key exponential moving averages, and has a noticeably strong position to go bullish. The increase in Render’s (RNDR) trading volume was considered a positive sign. However, the crypto market saw a sharp downward movement in May. Render (RNDR) followed the pattern, and crashed by 5.23% to touch $1.938. Nevertheless, with Apple planning to use Render (RNDR) technology in its product line, and the developer’s team working on making it more user-friendly, traders are hopeful for a price rise. Importantly, Render (RNDR) rose by 87% in 2023, proving that it has captured the investors’ attention. Yet, analysts recommend users wait a while before entering their trading position on Render (RNDR).

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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