There are over 23,700 blockchain and cryptocurrency projects, making it the perfect industry for investors looking for opportunities with great returns. MultiversX (EGLD) and WOO Network (WOO) once fit that description.
However, due to the ongoing bear market, investors are now looking for better opportunities. One project that has caught their attention is Tradecurve (TCRV), which is bringing the traditional finance market to the blockchain. This heightened interest shows that Tradecurve (TCRV) has huge potential as a token that offers staking rewards better than even Ethereum.
MultiversX (EGLD)
MultiversX (EGLD) is a highly scalable, fast, and secure platform for dApps. Since February 13th, the price of MultiversX (EGLD) has been falling beneath a descending resistance line. A recent attempt to break out of this trend occurred on April 27th. Unfortunately, the breakout was unsuccessful, resulting in a long upper wick.
This signals bearish sentiment, as it indicates that buyers could not maintain the price level, allowing sellers to take control and push the price of MultiversX (EGLD) downward. If a breakout should occur, MultiversX (EGLD) could potentially rise to $50.
However, if the resistance line continues to prompt rejections, MultiversX (EGLD) could drop to $38. At press time, MultiversX (EGLD) is $43.90 with a 24-hour trading volume of $151,823,843. The token’s price has declined by about 1.03% in the past 24 hours although it has increased by 11.38% in the last week for MultiversX (EGLD).
WOO Network (WOO)
WOO Network (WOO) has been trading within an ascending parallel channel since the start of the year. On April 15th, Woo Network (WOO) faced rejection at the channel’s resistance line, leading to a subsequent decline.
However, WOO Network (WOO) rebounded at the $0.26 horizontal support level on April 24th and began an upward trajectory.
If WOO Network (WOO) can hold this trajectory, it could potentially reach the channel’s resistance line at $0.36. However, if the rally loses steam, WOO Network (WOO) may retreat to the $0.26 zone once more.
Currently, the price of WOO Network (WOO) is $0.294173 today with a 24-hour trading volume of $69,142,592. This represents a 5.51% price increase in the last 24 hours and an 8.73% price increase in the past 7 days for Woo Network (WOO).
Tradecurve (TCRV) Presale continues to gain ground
Tradecurve has distinguished itself from other cryptocurrencies exchanges as one that has the potential to change the face of the industry. Tradecurve is one of the first exchanges that allows users to seamlessly trade crypto, stocks, forex, and commodities with a single user account.
The Tradecurve.io exchange is built on the Ethereum blockchain offering traders a permissionless wallet, which allows them to deposit cryptocurrencies and trade the financial markets.
There are several reasons why Tradecurve is set to compete with top exchanges like Coinbase, Kraken, and Binance. Tradecurve will launch via an ICO and the native utility token TCRV will offer a range of use cases that provide numerous advantages for investors and holders including; discounts on subscription fees, trading fees, signals, and AI trading bots.
Tradecurve token presale is in progress, giving investors a chance to acquire tokens at a price of $0.01 per token. Analysts predict that the presale could see a 50x increase before its conclusion and a 100x increase following its launch, making it essential for investors to closely monitor the ongoing presale.
Check the following links for more information about Tradecurve:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official