The altcoin market has experienced a recent increase in volume; however, the price rally has slowed down in the past 24 hours. Some tokens, including Binance Coin (BNB), which had a high trading volume in the previous days, are currently trading in the negative. Nevertheless, Tradecurve has set a new price target of $0.088.
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"Binance Coin price surges, targets $0.088. Will it bounce back?"
"Binance Coin price surges, targets $0.088. Will it bounce back?" The price movement of Binance Coin has formed a symmetrical triangle over the past few days, indicating uncertainty between bullish and bearish sentiments in the market. While this pattern typically indicates a continuation of the current trend, it can also signal a reversal in some cases.
If buyers successfully push the price above the triangle and maintain it, the trend reversal can hold. In such a scenario, Binance Coin could potentially rise to $265 and even reach the pattern target of $293.
Following XRP's win in the SEC lawsuit, there is bullish momentum in BNB coin and the crypto market. Investors are hopeful that Binance could also win its lawsuit against the SEC, as it was accused of similar charges.
Currently, BNB trades at $257.18, an increase of 6.52% over the past 24 hours, according to CoinMarketCap. For bears to gain control, they would need to push the price below the support line at 20-day EMA ($250).
Additionally, BNB Chain is preparing for a hard fork called “ZhangHeng,” scheduled to take place on July 19. This hard fork aims to enhance the security and overall functionality of the cryptocurrency.
Tradecurve (TCRV) Next Price Target $0.088
Tradecurve is a decentralized trading platform that offers synthetic versions of OTC financial derivatives. TCRV is currently in Stage 4 of its presale, priced at $0.018. The price is expected to increase to approximately $0.025 in the next stage of the presale, representing a growth of around 40%. Tradecurve's next price target is $0.088, which is a significant surge of 388% compared to its present value.
Join the TradeCurve Ecosystem and unlock amazing benefits with $TCRV 🤖 Get an edge with Automated Trading & AI 🎓 Enroll in the Metaverse Trading Academy 💰 Compete in Trading Contests 👥 Embrace Social Trading Don’t miss out on the #TCRV presale 📍https://t.co/uXZ4W6G6RE pic.twitter.com/fMEdagtbFt — Tradecurve (@Tradecurveapp) July 18, 2023
Tradecurve plans to launch its token on the open market, with the goal of attracting over 100,000 users within the first three months. The platform aims to compete with established centralized finance (CeFi) players such as Huobi and Robinhood.
Unlike traditional exchanges, Tradecurve offers access to various markets such as crypto, options, forex, stocks, indices, ETFs, CFDs, and commodities. The platform is designed by traders for traders, eliminating high commissions and utilizing transparent on-chain pricing models, making it a more cost-effective option.
Tradecurve operates in a fully decentralized manner, providing users with complete control over their assets. Additionally, there are no KYC requirements, allowing users to access and utilize the platform anonymously from anywhere in the world. The platform aspires to become a prominent global trading platform, challenging centralized firms like Coinbase, Binance, and Crypto.com.
Visit the links below to get more information about Tradecurve and the TCRV token:
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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