Monero (XMR) Price is underperforming, Tradecurve (TCRV) is a better option according to experts
Cryptocurrency is fast becoming an asset class in every major investor’s portfolio. The strong performance of the asset class has attracted a lot of attention from top investors lately.
However, several assets such as Monero (XMR) fell short of investor expectations. As a result, investors have begun to explore promising pre-sales like Tradecurve that offer tokens at a more affordable price while still demonstrating the potential for long-term growth.
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Monero (XMR) Price Loses Bullish Momentum
Monero has a reputation for putting privacy and fungibility first. While Bitcoin transactions are transparent and traceable on the blockchain, Monero uses advanced cryptographic techniques to hide transaction details, ensuring the privacy and anonymity of its users.
In recent times, the value of the token has faced a bearish trend due to regulatory action targeting privacy-focused cryptocurrencies. Notably, major crypto exchanges such as Kraken, Huobi, and Binance have even delisted Monero. However, the price of the token has since experienced an uptick. Analyzing the weekly time frame for Monero, it is clear that the price has moved up significantly after finding support around the $130 horizontal level during the week of June 5-12.
As of today, the price of Monero stands at $166.64. This reflects a 0.40% drop in price over the past 24 hours, while also pointing to a 13.10% increase over the past week. If the price of Monero falls below the USD 164 region, there is a possibility that the token will retest the USD 140 resistance line.
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— Tradecurve (@Tradecurveapp) June 29, 2023
Tradecurve (TCRV) will soon be increased by 40%
As bears have overtaken the Monero market, investors have diverted their attention to another crypto project called Tradecurve, which offers wider utility and access to trading derivatives.
The Tradecurve platform’s native token, TCRV, has shown impressive bullish performance and has passed quickly 80% from the original price of $0.010 to $0.018. Still holding on to the bullish momentum, analysts are forecasting a price increase of 40% the next few days.
The rapid growth of the Tradecurve project, with over 12,500 new users in recent weeks, is partly responsible for TCRV’s positive results. Tradecurve aims to address the challenges traders face when using centralized exchanges such as Kraken and Coinbase.
It promises unlimited access to additional markets such as commodities, indices, forex, stocks, ETFs and more, all in a single account. This borderless platform allows traders around the world to trade anonymously as it eliminates the strict Know Your Customer (KYC) requirements. Traders need to register using just their email and connect their crypto wallet to start trading.
The value of the platform is enhanced by other features such as automated and AI powered tracking bots, bot trading and a metaverse trading academy for traders to improve their skills. In addition, Tradecurve offers highly leveraged options from 500:1, Proof of Reserves (PoR), copy trading, a VIP account system and negative balance protection.
Currently, in phase 4 of the token presale, the TCRV token is being priced $0.018. With positive market sentiment and a range of compelling factors, it shows promising potential for more bullish price moves.
For more information about Tradecurve and the TCRV token, visit the links below:
Click here for the website
Click here to buy TCRV Presale Tokens
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