2023-07-18 04:10:17 ET

AltSignals has raised nearly $1.2 million in its token presale, with strong narratives for crypto and artificial intelligence key to investor interest.

Meanwhile, the crypto market has faded some of the exuberance that saw bulls push prices higher after a US judges ruling delivered a partial win for Ripple in its case with the SEC. While XRP remains largely bullish with over 55% gains over the past week, Bitcoin , Ethereum are holding key levels.

Analysts say the V-shaped action seen across the crypto market could be the beginning of a slow grind amid choppy conditions. They see the next few months resembling the pre-bull market action of 2016 and 2019-2020.

Bitcoins dip to lows of $29,700 and Ethereum to $1,875 was mirrored across major altcoins. But the crypto market quickly rebounded to above key levels in V-shaped action fueled by buy-side pressure during Asian trading hours on Tuesday morning.

Market analysts at Greeks.live point to low liquidity, a scenario that has prices prone to spikes and V-shaped recovery. This is because with prices constrained in tight ranges, a little momentum in either direction can see significant dips or sharp bounces.

Axel Adler Jr., a data analyst at on-chain analytics platform CryptoQuant says about Bitcoin:

The price of Bitcoin has been lodged within a narrow corridor for the past three months, and this can be explained by several key factors: short-term holders, miners, and volatility. All these factors together form the current picture of the Bitcoin market, where the price appears to be stuck in a narrow range. However, as always with cryptocurrencies, changes can occur very quickly, so investors and traders should closely monitor on-chain metrics to stay informed about market changes.

On-chain and financial data platform Glassnode highlights that despite the current price outlook, a number of metrics suggest a slow but steady capital inflow into BTC. Even then, the prediction is for choppy market conditions that could resemble historical price movements during the bear periods in 2016 and 2019-2020.

What does this mean for AltSignals, a new project seeing huge interest in its token presale? The best place to begin is to understand what this project is and what it offers.

AltSignals is a trading platform that gives traders access to key trading signals so that they know when to buy or sell stocks , forex and crypto among other market assets. The company currently offers its trading algorithm to more than 50,000 traders and over 1,500 VIP subscribers.

The platform has been a success since its launch in 2017. However, the team is looking to add a new layer powered by artificial intelligence (AI), revamping the proprietary AltAlgo trading algorithm for what could become the new standard of AI trading.

ActualizeAI is that new layer, which will tap into machine learning and natural language processing to increase both accuracy and profitability of trades for holders of the native token $ASI. Token utility for $ASI includes opportunity to earn from staking, trading tournaments and rewards for governance support that helps the platform grow.

Talking of $ASI, the presale opened a few weeks ago and could be sold out within coming weeks as investors looking to tap into the AI layer pour into the project.

Learn more about $ASI and how to buy it here .

The scenario is that AltSignals sits at a key intersection of two hot trends in the market today crypto and AI.

With the latter projected to be at the start of what could be a technological leap and the former here to stay, predictions for AltSignals are that delivering on its ActualizeAI milestones could coincide with a period of huge gains for its AI-powered token.

Notably, price gains for ASI could tie in with projections such as that of Morgan Stanley, which recently predicted Microsoft ( NASDAQ: MSFT ) could see up to $90 billion in AI revenue by 2025. Meta, Google and Nvidia are all also betting big on AI.

While the ASI presale price will rise to $0.02274 by the end of the fourth stage, the period between Q3, 2023 and Q2, 2024 could see it trade higher and reach key levels. The highlighted dates are when ASI goes live on major crypto exchanges (historically tokens explode when listed on exchanges such as Binance and Coinbase) and ActualizeAI launches to the public.

If market conditions align and demand for ASI token remains high, its possible prices could hit $1 by end of 2023. From here, the targets of $5-$10 in late 2024 and early 2025 would materialize. This would mean a 5x, 10x move from the psychological $1 level, not uncommon in the crypto market particularly during a bull market.

The post AltSignals price prediction as Bitcoin, Ethereum see V-shaped action appeared first on Invezz .

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AltSignals price prediction as Bitcoin, Ethereum see V-shaped action - InvestorsObserver

Bitcoin (BTC) and Ethereum (ETH) are facing challenges to their long-standing dominance. As new projects emerge, the market dynamics shift, with potential gains to be found in alternative tokens.

Tradecurve, a rising player in the crypto space, will capitalize on these changing trends, promising investors significant returns.

>>Register For The Tradecurve Presale<<

Bitcoin has scheduled a halving event within the next six months. It led financial giants like Fidelity, BlackRock, and Valkyrie to file Bitcoin exchange-traded funds (EFTs). This scenario previously took place in 2020-2021 as the interest of these financial giants in filing Bitcoin ETF was lowered after the FTX collapse.

It led many crypto exchanges to face regulatory scrutiny causing Bitcoin, and many other cryptos to trade sideways. However, up to 7 institutional companies are seeking to get Bitcoin ETF in the USA.

Most investors still believe Bitcoin lost its charm after FTX collapsed. Currently, it is trading at $31,001.48, a 0.83% rise over the past 24 hours. Experts predict that Bitcoin can potentially trade at an average price of $36,658.70 for the rest of 2023.

One of the Ethereum (ETH) whales recently took out tokens worth millions from Binance (BNB) exchange. The blockchain tracking firm said that the Ethereum whale has taken up to 50,100 ETH since last month. The withdrawn Ethereum tokens cost more than $91 million.

The same whale later took out up to 8,500 Ethereum tokens again from Binance. The blockchain tracking firm also identified another Ethereum whale that bought huge token amounts.

The reports also tracked down an Ethereum whale with a repeated pattern of suspicious token trading. Currently, Ethereum is trading at $1,958.07, a 0.65% drop in a day. The 2023 prediction suggests that the token will likely trade at maximum and minimum prices of $3,904 and $1,607, respectively.

Investors tired of managing different trading platforms for various markets must pick Tradecurve. With a single account, this all-in-one platform allows users to trade in various financial markets like cryptocurrencies, forex, stocks, and commodities.

Most investors are choosing it over other exchanges like IG and Binance as the platform doesnt require lengthy KYC checks. Users only need to connect their trading account with their wallet to start transacting.

The most recent report suggested that 24-hour trade volume reached more than $200 billion across the crypto market. The introduction of this new platform is anticipated to boost this volume further.

The platform also offers advanced tools like copy trading and AI algorithms to enable automated trading and gain higher leverage. Users experience lightning-fast order execution, low trading fees, and a seamless trading experience like no other.

The excitement is palpable as TCRV has an ongoing public presale. Its current price is, $0.018. This price is already 80% higher than its starting price of $0.01.

Dont miss out on this remarkable opportunity, and sign up today.

To find more information about Tradecurve and the TCRV token, visit the links below:

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This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.

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Bitcoin and Ethereum Losing Their Dominance, Tradecurve ... - BeInCrypto

Bitcoin (BTC) price continues to move sideways with no signs of directional bias, leavingtraders guessing. The pioneer crypto's rangebound movementsuggests that volatility has dropped, which has held a majority of altcoin ecosystem hostage, including Ethereum (ETH) and Ripple (XRP) prices.

Also Read: Whales are secretly accumulating these two DeFi coins: LINK, UNI

Bitcoin (BTC) price shows a shrinking volatility, suggesting a big incoming price change to either upside or downside. The price is moving within a short leash, capped at $31,500 and $29,872 to the upside and downside, respectively. A decisive break and subsequent candlestick close above or below the range will decide the next direction.

With momentum indicators pointing to declining buying pressure, Bitcoin price could break below the lower support level at $29,872. Notably, much uncollected liquidity is underneath this level, which acts as a downside pull for BTC as traders wait for ideal entry positions.

Therefore, a decisive break below the crucial support at $29,872 could see Bitcoin price pull lower toward the $27,500 range. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators both point south, suggesting falling momentum.

BTC/USDT 1-Day Chart

The 50-, 100-, and 200-day Exponential Moving Averages (EMA) at $29,235, $28,130, and $26,562 all provide entry positions for sidelined investors or those looking to grow their portfolios. As Bitcoin price slides below the critical support, the ensuing buying pressure from these levels could provide more hind winds for BTC to restore north, potentially shattering the $31,500 level to confirm an uptrend.

Also Read: BTC traders brace for $30K loss Five things to know in Bitcoin this week.

Ethereum (ETH) price is testing crucial support as the downtrend continues. At the current price of $1,907, the largest altcoin by market capitalization is on the brink of breaking below its bullish consolidation along the uptrend line or continuing posting gains above it.

Momentum indicators, comprising the RSI and MACD, point to a drop unless bulls seize the current low-risk buying opportunity to reject the downside. If conservative trading prevails and bulls sit on their hands, a confirmed break below the ascending trendline could open the drains for ETH. This could see the altcoin tag the 50-day EMA at $1,868 or, worse, re-register the July 7 lows around $1,824. This is marked by the support confluence between the 100-day EMA and the horizontal line, making it a robust buyer congestion zone.

ETH/USDT 1-Day Chart

Conversely, buying pressure from the EMAs could facilitate a north swing, sustaining ETHs move along the uptrend line and ultimately breaching the $1,959 resistance level. In highly ambitious cases, the Proof-of-Stake (PoS) token could reclaim the mid-April highs around the $2,120 mark.

Also Read: Why Ethereums EIP-4844 could kickstart bull run for Optimism (OP), Arbitrum (ARB), Polygon (MATIC)

Ripple (XRP) price is filling up a pennant, trading in a steadily narrowing. With neither bulls nor bears giving way to their trading positions, the pennant decides which way this tug-of-war will go.

Notably, however, there are already small spillages below the support offered by the uptrend line of the pennant. This suggests bears might have a better and tighter grip on Ripple price.

This gloomy outlook is reflected by the RSI, showing a bearish divergence against the Ripple price. This comes as XRP records higher highs along the lower boundary of the pennant, while on the other hand, the RSI is showing lower highs.

The odds, therefore, favor the downside suggesting an imminent retest of the mid-July lows around $0.697. A decisive 4-hour candlestick close below this level will confirm the downtrend.

XRP/USDT 4-hour chart

On the other hand, if late investors buy the remittance token, the Ripple price could break the pennant to the north, making a run for the peak of the technical formation at $0.823. Such a move would denote a 15% climb from the current level.

Also Read: XRP ruling puts cryptocurrencies in nuanced position, industry experts weigh in.

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC to breakout as volatility sinks - FXStreet

How can one attain wealth in 2023? In a world where inheritance and exceptional contributions to society may appear to be the main routes to financial success, not everyone has access to these avenues. While becoming an influencer or content creator may seem like a viable option, it may not align with everyones comfort level or skill set.

However, there is another avenue that has proven to be profitable: cryptocurrency, specifically Ethereum (ETH) and Bitcoin (BTC). Investing in these established digital currencies has yielded significant returns for many individuals. Nevertheless, there is a rare opportunity offered by Signuptoken.com (SIGN) to enter the world of cryptocurrency without any risk, akin to the early days of Bitcoin and Ethereum.

The rise of cryptocurrency has transformed the financial landscape, with Ethereum and Bitcoin leading the way. These digital assets have demonstrated their value and generated substantial wealth for early adopters. Recently, Vitalik Buterin, the creator of Ethereum, has been advocating for scaling solutions in the cryptocurrency world. He believes that Bitcoin needs to explore additional scaling options in order to go beyond its current role as a payment system. Ethereum has been at the forefront of experimenting with various scaling solutions, such as Plasma and ZK Rollups, which have successfully increased transaction throughput.

On the other hand, Bitcoin has recently entered a phase of low volatility, reminiscent of previous historic bull runs in 2017 and 2021. This has generated optimism among investors and market participants. The decrease in exchange inflows and the selling of Bitcoin by long-term holders at profitable margins further indicate a positive market sentiment.

While investing in Ethereum and Bitcoin has traditionally required significant upfront financial commitments, there is now an opportunity to explore the world of cryptocurrency without risking your own capital. Signuptoken.com introduces a groundbreaking concept: a risk-free investment opportunity. This platform allows individuals to participate in cryptocurrency investing without any upfront financial commitment.

Signuptoken.com serves as a bridge between traditional finance and the decentralized world of cryptocurrencies. It provides a secure and accessible entry point for individuals who wish to venture into the cryptocurrency market without the pressure of financial risk. By offering a risk-free alternative to Ethereum and Bitcoin investments, Signuptoken.com opens doors for learning, gaining experience, and potentially profiting from the dynamic world of digital assets.

This unique opportunity empowers individuals to explore the cryptocurrency market, regardless of their financial means. The project enables hands-on learning, deeper market understanding, and the potential for financial growth. Signuptoken.com aims to democratize cryptocurrency investing and make it accessible to a wider audience.

Whether you are intrigued by Ethereums scaling solutions or enticed by the bullish indicators observed in Bitcoin, Signuptoken.com is the platform that can assist you in embarking on your cryptocurrency journey. It provides a safe and risk-free environment to gain exposure to Ethereum, Bitcoin, and other digital assets, all without the need for upfront capital.

Embrace the future of wealth creation by taking advantage of Signuptoken.coms risk-free investment opportunity. Discover the potential for financial growth, expand your knowledge in the cryptocurrency realm, and pave your own path to success in the exciting world of digital assets.

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Unlocking Wealth In 2023: Ethereum, Bitcoin, & Signuptoken.Com ... - Analytics Insight

If youre just stepping into the captivating world of cryptocurrencies and wondering what all the buzz around NFTs is about, youve come to the right place. In this comprehensive guide, well be looking at what Non-Fungible Tokens (NFTs) are and the role Ethereum plays in this exciting space.

Whether youre an artist looking to showcase your work, a collector seeking unique digital treasures, or simply curious about the recent Ethereum DeFi growth, you will need to understand Ethereums significance in the NFT landscape. So, lets get into business!

Lets start right out by showing you what NFT means in the first place. NFT stands for Non-Fungible Token. But unlike cryptocurrencies such as Bitcoin or Ethereum, which are interchangeable and have the same value, NFTs are unique and indivisible.

Think of them as digital certificates of authenticity that prove ownership of a specific item, whether its a digital artwork, a collectible, a video clip, or even virtual real estate.

Imagine owning a one-of-a-kind piece of art that cannot be replicated, forged, or replaced. Thats the power of NFTs. They provide a way to assign and verify ownership of digital assets using blockchain technology, which brings transparency and trust to the equation.

NFTs have gained immense popularity across various industries, from art and music to gaming and virtual reality. They offer creators a new avenue to monetize their work, allowing them to sell and license their creations directly to collectors, fans, and enthusiasts.

Traditional assets like physical artworks or collectibles rely on centralized systems for authentication, ownership transfer, and provenance tracking. NFTs, on the other hand, provide a digital alternative that eliminates the risk of counterfeit or fraud. They introduce a new dimension to ownership, where digital assets can be tokenized and traded freely, while maintaining a verifiable and immutable record of ownership.

In recent years, NFTs have gained significant attention, with high-profile sales and collaborations bringing them into the mainstream. From digital art selling for millions of dollars to iconic moments in sports being tokenized, the market for NFTs has experienced explosive growth.

NFTs are changing the face of the sports world as more and more athletes, clubs, and sports are getting on the crypto collectibles bandwagon. This surge in popularity has been driven by a combination of factors, including increased interest from collectors, artists, and celebrities, as well as advancements in blockchain technology.

Also Read: How NFTs are Benefiting Sportspeople?

Ethereum, the second-largest blockchain platform, has played a pivotal role in the development and proliferation of NFTs. Its flexible infrastructure and robust smart contract capabilities have made it the preferred blockchain for creating, trading, and owning NFTs.

Smart contracts form the backbone of Ethereums functionality. These self-executing contracts enable the automatic execution of predefined terms and conditions, eliminating the need for intermediaries.

In the context of NFTs, smart contracts are responsible for defining the ownership, transferability, and uniqueness of these digital assets. By leveraging Ethereums smart contract capabilities, creators can establish trust and enforce the rules governing the ownership and exchange of NFTs.

One of the key reasons for Ethereums dominance in the NFT space is its support for standards that define the structure and behavior of NFTs. The two most widely used standards on Ethereum are ERC-721 and ERC-1155.

The ERC-721 standard, introduced in 2017, laid the foundation for NFTs on Ethereum. It defines a set of rules and functions that enable the creation and management of unique tokens. Each ERC-721 token represents a distinct asset, such as a piece of art or a collectible, and has its own metadata and ownership information.

The ERC-1155 standard, introduced in 2018, expanded upon ERC-721 by enabling the creation of both fungible and non-fungible tokens within a single contract. This standard allows for greater efficiency and flexibility, as multiple tokens can be managed under a single smart contract, reducing gas fees and simplifying development.

If you are also wondering why Ethereum has become the preferred platform for NFTs, you are not alone. Many investors and enthusiasts also always ask the same question. So, heres the scoop!

First and foremost, Ethereum offers a robust and secure infrastructure for creating and trading NFTs. Its blockchain technology provides a decentralized and transparent environment, which ensures the authenticity and ownership of digital assets.

Yes, Ethereum embraces scalability better than most of the other cryptocurrencies, especially Bitcoin. Its new Ethereum 2.0 upgrades have shown to be really promising. They aim to address the networks congestion and high transaction fees. What these improvements will bring is that NFT transactions will become faster and more cost-effective, further cementing Ethereums position as the leading platform for NFTs.

One of Ethereums standout features that made it perfect for NFTs is its support for smart contracts. These are self-executing contracts with predefined rules that facilitate transactions between parties. Smart contracts enable the seamless creation, buying, and selling of NFTs by automating the entire process. This efficiency has made Ethereum the go-to choice for NFT marketplaces and creators alike.

Also, Ethereum has a vibrant and active developer community. This means that there is a wealth of tools, resources, and documentation available for building NFT projects on the Ethereum platform. The communitys innovation and constant improvements contribute to the growth and evolution of the NFT ecosystem.

Ethereums widespread adoption and recognition have led to its integration with numerous wallets, exchanges, and marketplaces. And this interoperability allows for easy access and participation in the NFT market, making it more accessible to both creators and collectors.

Also Read: Top 10 Blockchains for NFTs

While Ethereum has played a crucial role in the development of NFTs, it faces several challenges:

Ethereums transition to a proof-of-stake consensus mechanism with Ethereum 2.0 aims to address scalability and energy efficiency concerns. By replacing mining with staking, Ethereum will become more environmentally friendly and increase its transaction throughput, making it more suitable for handling the growing demand for NFTs.

Several marketplaces have emerged as popular platforms for buying and selling NFTs on the Ethereum blockchain:

Also Read: What Are The Top 10 NFT Marketplaces?

Several notable NFT projects have gained significant attention and popularity on the Ethereum blockchain:

Also Read: Top 10 Most Expensive Non-Fungible Tokens (NFTs)

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Ethereum's Role in NFTs: What You Need to Know - Crypto Times