Chainlink (LINK) has been hovering below $10 for over a year now, but analysts are now predicting that this price level will finally be crossed. Elsewhere, Tradecurve (TCRV) and Ethereum (ETH) remain investor favorites as prices rise, with Tradecurve leading the way after investors bought 40 million tokens during this presale phase. Let’s take a closer look at the growth potential of these cryptocurrencies in 2023.
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Tradecurve – The Future of Crypto Trading?
Unlike most trading platforms that require intrusive KYC checks and complicated user onboarding processes, Tradecurve allows users to create an account with just an email and a DeFi wallet. Tradecurve’s approach ensures user anonymity and a seamless trading experience across the global markets.
Moreover, Tradecurve is much more than a standard trading platform. It offers unique features, such as copy tradingAI tools to automate trading strategies, and even a Metaverse-based training academy to help Tradecurve users become better traders.
The TCRV token, native to the Tradecurve platform, adds an extra layer of utility to the platform. By holding TCRV tokens, users benefit lower costs, rewards for passive income and more. This has led to significant demand for TCRV tokens during the Tradecurve presale, with over 50 million pennies sold during phase four only.
Market analysts predict that Tradecurve could replicate Binance’s phenomenal growth from just $0.11 during the ICO to over $300 in recent times. As Tradecurve brings even more innovation to the table, there is a strong case for TCRV to reach $1.00 by 2023.
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— Tradecurve (@Tradecurveapp) June 29, 2023
Will Chainlink (LINK) Surpass $10 This Year?
Chainlink (LINK) performed extremely well in the crypto markets during the 2020/21 bull run, with prices rising from around $2.25 to over $50 at its peak. The remarkable achievement followed increased interest in decentralized finance and growing demand for Chainlink’s (LINK) oracle services.
However, after this impressive spike, Chainlink (LINK) went through a period of market correction, with a current trade value of around $6.40. The bear market can be blamed for most of this Chainlink (LINK) pullback, but lack of adoption also played a role.
Chainlink (LINK) appears to be making a U-turn in this regard, with Swift now using Chainlink (LINK) to connect multiple blockchains in the financial industry. This is a huge milestone for the project and could potentially lead to greater adoption of Chainlink (LINK) services.
Against this backdrop, market experts are already predicting that Chainlink (LINK) will successfully break the long-standing USD 10 resistance level. Such a prolonged breakout could propel Chainlink (LINK) to new highs this year, possibly as low as $25.
Ethereum (ETH) ETF Inbound?
The ripple effects of the Bitcoin (BTC) ETF announcement have permeated the entire crypto market, with Ethereum (ETH), the leading layer-1 blockchain project, rising from $1.6K to a recent high of $1. 9K jump.
As institutional investors delve into Bitcoin (BTC), it is likely they will turn their attention to other legacy cryptos such as Ethereum (ETH). With more than $26 billion locked into the Ethereum (ETH) ecosystem, the leading layer-1 blockchain project appears to be a safe bet for major investors.
With the prospect of a Bitcoin (BTC) ETF nearing reality, market analysts are now keenly watching for signs of a potential Blackrock Ethereum (ETH) ETF. The global asset manager may follow in the footsteps of HSBC, which recently received approval in Hong Kong to launch the world’s first Ethereum (ETH) ETF.
The charts show that the $1,920 area is a strong resistance for Ethereum (ETH) bulls. The current price of USD 1,909 shows that Ethereum (ETH) is about to break out of resistance. A successful break would propel Ethereum (ETH) to $2,120 within days.
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