Bitcoin Iwwer 27K RNDR Token Surges Tradecurve sammelt Momentum

The cryptocurrency sector constantly changes, with projects striving to compete in this cutthroat market. Recently, the spectacular rise of Bitcoin above $27,000 and the continuous rise of the Render Token (RNDR) have captured the interest of numerous investors.

However, one project currently in its presale stage has managed to take the crypto spotlight away from them as it increased by 20% quickly. That project is Tradecurve (TCRV) with potential to become a blue-chip token in the future; let’s find out why.

KEE TCRV TOKEN ELO

Bitcoin (BTC) breaks through the $27K level

In the last 14 days, the price of Bitcoin has remained fluctuating between $26,000 and $27,000, indicating a decline in volatility over that time. Over the previous day, Bitcoin saw a rise to $27,400, which is a significant increase.

Nevertheless, investors worry about ongoing crypto regulatory difficulties that have reduced market liquidity and macroeconomic uncertainty, such as the most recent deadlock over the United States debt ceiling. Because of this, Bitcoin could not maintain this momentum as it trades hands at $26,294.55 with a market cap of $509B, which is a fall of 3.75% in the past 24 hours.

The technical analysis of Bitcoin is also showing red, as both its moving averages and technical indicators are showing strong sell signals. Traders are currently debating whether the price of Bitcoin will see a bullish breakthrough once more or sink below $26,000 – only time will tell.

Render Token (RNDR) rises after new Render Network update

Render Token has gained attention over the past month as it jumped by 35.9%. A recent announcement from Render causes the present positive trend in Render Token.

Released on May 22, a new Render update impacted the C4D plugin for Octane, which now contains a brand-new feature, an ORBX export command designed specifically for Render Token Jobs, accessible through the live viewer. Due to this development, it is now much easier to create in C4D and export work to the Render Network for final frame rendering.

Render Token has a value of $2.46 and a market cap of $904M, dropping by 8.01% in the last day alone. On a positive note, the Render Token trading volume has increased by 33.44% in that same period and now sits at $$256,441,517. The technical analysis of Render Token also paints a bearish picture, as all moving averages are in red. This may cause some Render Token holders to look for new projects to diversify their portfolios. But analysts remain long–term bullish for Render Token as they forecast a rise to its resistance level of $2.52 soon.

Tradecurve (TCRV) on an upward trajectory

The Tradecurve presale, which is now in Stage 2, has recently boosted the crypto market as its value increased by 20% from its starting price of $0.01 and now sits at $0.012. This project will provide a private trading environment built on the Ethereum blockchain allowing users to trade all derivatives on one account.

Looking to disrupt the trading industry, Tradecurve will have no sign-up KYC requirements. Users can just create an account using an email, connect it to a crypto wallet and make a deposit – ensuring an anonymous trading experience. Subsequently, all features such as the metaverse trading academy, automated trading & AI bots, and high leverage will become available to them.

At the center of Tradecurve lie its utility token, TCRV, which will bring holders governance voting rights, staking bonuses, and exclusive access to rewards on your trading account. Additionally, with 1.8 billion tokens available, the Tradecurve market cap is now $21.6M.

Comparing Tradecurve’s market cap to that of Bitcoin and Render Token, which are $509B and $904M, we can see that Tradecurve will find it easier to increase in value. Due to the TCRV’s small market cap, analysts expect its value to increase 50 times as the presale advances and 100 times when listed on Uniswap or a known CEX following the launch.

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Source: https://thecryptobasic.com/2023/05/28/bitcoin-above-27k-rndr-token-surges-tradecurve-gathers-momentum/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-above-27k-rndr-token-surges-tradecurve-gathers-momentum