Chainlink (LINK) has been on a downward path since mid-February, with its current state not looking much different either. Additionally, Toncoin (TON) has lost some of its price gains from last week and continues to trade downward.
As a result, holders of both tokens have turned to Tradecurve (TCRV), looking for stable gains in an otherwise volatile crypto market.
What’s in Store for the Chainlink (LINK) Price?
Chainlink (LINK) recently announced that Coinbase Cloud would become a node operator on the Chainlink (LINK) system, joining the long list of prominent Chainlink (LINK) node operators, including Swisscom, Deutsche Telekom, and Associated Press.
However, this positive development has not done much to improve the situation Chainlink (LINK) is in. Since the beginning of May, Chainlink (LINK) has decreased by 6.6% and continues on this downward path.
The Chainlink (LINK) token is currently trading at $6.51, marking a 2.05% decrease in the past 24 hours. Additionally, the Chainlink (LINK) trading volume decreased by 4.56%, with its market cap also decreasing by 2.09% since yesterday.
Experts say the Chainlink (LINK) is undervalued at its current price, with an MVRV score of -2.74%. This, in turn, has analysts predicting that Chainlink (LINK) will continue on its bearish trend, possibly falling to the $5.35 level in the short term.
Which Direction Will Toncoin (TON) Head To?
Toncoin (TON) bears have taken over the token, recently causing the Toncoin (TON) price to drop from the $2 level it held since January 2023. Currently, the Toncoin (TON) token trades at $1.89, decreasing by 1.37% in the past 24 hours.
Additionally, since yesterday, the Toncoin (TON) trading volume went down 21.36%, alongside a 1.37% drop in the Toncoin (TON) market cap.
Moreover, the bearish trend that Toncoin (TON) currently faces was further confirmed as the token dropped below its 50-day SMA (Simple Moving Average). Also, the Toncoin (TON) token is moving out of the neutral zone and inches towards the oversold region 30, with its RSI currently being 42.65.
All of these factors have led experts to predict that Toncoin (TON) will continue to decline until it reaches its closest support level at $1.84 and the bulls gain momentum. However, if the price drops below the $1.84 support, Toncoin (TON) could further drop to $1.75.
Tradecurve (TCRV) Is Set to Become a Top-Three Global Trading Platform
Tradecurve (TCRV) has become the go-to investment for all investors looking for significant gains and a reliable place to trade on the blockchain. Namely, Tradecurve is a hybrid trading platform that perfectly combines the best elements of centralized and decentralized exchanges, creating a one-of-a-kind solution no one else offers.
On Tradecurve, users can leverage their crypto balances and trade commodities, stocks, bonds, forex, ETFs, indices, options, and crypto from one account. Additionally, due to its DeFi capabilities, Tradecurve will strive to remove all barriers to entry and provide global access to anyone that wants to trade. Moreover, it will not require users to undergo lengthy and invasive KYC procedures, allowing them total anonymity and complete privacy.
All you need to do is to create an account using a valid email (and nothing else), connect your wallet, choose the crypto you want to deposit, and start trading on thousands of different markets.
Tradecurve also plans to introduce many features to its platform, including AI algorithmic trading, high leverage starting at 500:1, VIP account service, and copy trading (which allows users to pay a subscription fee to traders with a good success rate and copy their trades).
Of course, some of these terms and features may seem overwhelming to new traders. Well, worry not, as Tradecurve is here to help everyone. Namely, it plans to launch its own metaverse trading academy where users can access courses to learn about trading strategies and techniques. These courses will also feature many crypto experts as guest speakers.
The native token of Tradecurve is TCRV, currently trading at $0.012 in Stage 2 of its presale. TCRV aims to raise $20 million during its presale to challenge the likes of Binance and Kraken. Moreover, experts believe the token will deliver 50x gains before the presale ends and rise by an additional 100x once it lists on tier-1 CEXs and Uniswap.
And, since the Binance BNB ICO started at $0.11 in 2017 and BNB currently trades at $309, the growth potential of TCRV is endless.
For more information about $TCRV presale tokens:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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