Home Community Insights Dogecoin (DOGE) and Shiba Inu (SHIB) Traders Worry over Death Cross Pattern as RCOF Moves Higher

Dogecoin (DOGE) and Shiba Inu (SHIB) Traders Worry over Death Cross Pattern as RCOF Moves Higher

Dogecoin (DOGE) and Shiba Inu (SHIB) Traders Worry over Death Cross Pattern as RCOF Moves Higher

Recently, Dogecoin (DOGE) and Shiba Inu (SHIB) encountered a death cross, a technical pattern indicating prospective price declines. As a result, investors question whether this poses a short-term or long-term threat to both meme coins. Meanwhile, RCO Finance (RCOF) remains unaffected by this ordeal, presenting itself as a lucrative investment.

Let’s find out more about this unscathed token.

Inkling Of Death Cross For DOGE And SHIB Investors

The emergence of a death cross implies the bears may control the market for a short timeframe. This is the case with Dogecoin and Shiba Inu. The death cross pattern appears when the 50-day moving average exceeds the 200-day moving average.

Meanwhile, DOGE’s four-hour chart reveals a golden cross, a bullish pattern suggesting short-term profit-making. Investors risk losing money whenever the death cross pattern materializes on the chart because traders tend to panic sell in its aftermath, inciting steep price dips.

Lately, Dogecoin (DOGE) has been trending lower due to bearish influence and may continue to do so in the coming days. A probable factor behind its continuous drop is the falling price of Bitcoin and other cryptocurrencies. As SHIB and DOGE tank further, RCOF emerges as a preferred option for investors.

RCO Finance: A Safe Haven From DOGE And SHIB’s Downturn

RCOF has proven to be a haven to DOGE and SHIB investors amid the downturn plaguing both assets. RCOF is the native token of a recently developed crypto-AI project on Ethereum named RCO Finance. RCO Finance is a decentralized trading platform that empowers users to invest in various financial instruments.

DOGE and SHIB investors prefer RCO Finance because of its fundamentals, utility, value proposition, and, more importantly, its AI capabilities. Its broad-gauge DeFi ecosystem empowers users to invest, stake, farm, and borrow assets. Users can invest in over 120,000 digital assets without paying huge fees.

For staking its native token RCOF, users earn a high staking APY and receive staking rewards and quarterly dividends that will be paid directly to their wallets. Holding RCOF entitles users to farming airdrops whenever they are available and promoted. Borrowing and lending assets on the platform attract low interest rates, making RCO Finance one of the most economical platforms in the DeFi sector.

Its AI tool, a robo-advisor, helps investors navigate the platform’s flurry of digital asset offerings and leads them to lucrative investment opportunities. As a personal financial consultant, it offers personalized investment strategies that position investors ahead of the curve.

The robo-advisor, using its machine-learning algorithm, can analyze an asset by studying past trends, price actions, and prevailing sentiment to determine its future behavior.

Whether it’s crypto, stock, shares, or real-world assets, the robo-advisor can accurately predict their future price actions, enabling investors to make informed investment decisions. RCO Finance also allows investors to invest in spot Bitcoin and Ethereum ETFs.

RCO Finance is a secure platform that has undergone thorough audits by the blockchain security firm SolidProof. Moreover, it is bound to the European Union Market in Crypto-Asset (MiCA) regulatory documentation provisions. Therefore, users need not worry about the safety of their funds and assets.

RCOF Price Surges As Presale Progresses

With over $19,400 raised in Stage 2 of its presale, RCOF continues to forge ahead steadily. After a successful run in Stage 1, investors are now sitting on a 169% profit. This gain will be extended by the end of the current stage, with experts hinting at an increase of 337%.

RCOF is available at $0.0343, opening investors to an opportunity to realize over 30X their initial investment when the token launches at the proposed price of $0.6. Compared to DOGE and SHIB, a potential 3,000% ROI in RCOF makes it a better option.

So, what are you waiting for? Join the RCOF token presale now!

For more information about the RCO Finance Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

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