Dogecoin and Tradecurve tokens show bullish signs on daily chart
Investors are actively seeking profitable opportunities in the crypto market, which has been experiencing a bullish trend. On June 17, 2023, an analysis of the daily charts for dogecoin (DOGE) and tradecurve (TCRV) revealed that they are firm. If this momentum continues, these coins may soar and register new highs.
Let’s look closer at why analysts expect these tokens to perform well.
Dogecoin pattern bullish on the daily chart
Dogecoin gained significant popularity as one of the early meme-inspired cryptocurrencies. Despite its initial slow start and low value, it has attracted a large and passionate community of supporters. This community has played a crucial role in driving the value of DOGE forward.
Several notable celebrities, including Elon Musk, the CEO of Tesla; continue to support DOGE. The recent surge in celebrity endorsements and increased adoption of DOGE as a payment method on mainstream platforms has further contributed to its growth.
As of June 17, 2023, DOGE was trading at $0.062569. In the past week, it experienced fell to as low as $0.059487 and rose to $0.062845.
Over the last 30 days, the coin is down by 15.7%. However, in the weekly charts, DOGE added 5.5%, rising 1.8% on the previous trading day. It is worth mentioning that DOGE’s fluctuation and expansion trend is not exclusive, as other alternative cryptocurrencies have undergone the same process.
Overall, the recent positive performance has increased investor confidence in Dogecoin. However, it’s important to recognize that other altcoins have also demonstrated comparable growth.
Tradecurve outlook is bullish based on current charts and growth trend
Various altcoins have demonstrated positive performance and patterns, and DOGE is one of them. However, it is important to note that other cryptocurrencies have also exhibited similar trends. One such example is the TCRV token, the utility token associated with the Tradecurve platform.
Tradecurve is rising alongside the broader crypto market. While many digital assets have traded sideways, TCRV prices have been rising. In the past week alone, TCRV increased by 20%. As of its Stage 4 presale, it currently trades at $0.018.
Tradecurve is an upcoming hybrid platform designed to address issues common in cryptocurrency exchanges, such as security, privacy, high fees, and transparency. Popular exchanges like Binance, Kraken, OKX, and Coinbase have faced scrutiny and legal action from the United States Securities and Exchange Commission (SEC). As a result, many investors are seeking alternative platforms due to the uncertain future of these exchanges.
One notable feature of the Tradecurve exchange is that users are not required to complete know-your-customer (KYC) procedures. The platform also enhances transparency by implementing proof-of-reserves (PoR). Additionally, Tradecurve facilitates trading in various financial instruments beyond cryptocurrencies, including CFDs, Forex, indices, commodities, options, ETFs, and bonds.
Tradecurve aims to enter the $632 trillion over-the-counter (OTC) derivatives market and the $7.5 billion daily turnover Forex markets. This expansion positions Tradecurve as a potential major player upon its launch.
Many market experts hold a positive outlook on the future of Tradecurve. The weekly chart is bullish, leading some to believe that by the end of June, TCRV could edge higher, rising by approximately 40%.
Analysts anticipate more price gains for TCRV when it lists on tier-1 centralized exchanges and Uniswap on launch.
For more information about the Tradecurve presale:
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