The crypto space is never short of surprises as the recent fluctuations in the market show. Fantom (FTM) and Polkadot (DOT), are two of the well-known projects that have suffered at the hand of the bears, canceling out previous gains.
The recent downturn has created uncertainty in the minds of Fantom (FTM) and Polkadot (DOT) investors. As a result, many have turned to Tradecurve, an upcoming cryptocurrency platform that has been gaining traction among investors.
Polkadot (DOT)
The price of Polkadot (DOT) has been on a downward spiral, as shown by the hourly and daily analysis. Besides, the past week saw bearish momentum push the price of Polkadot (DOT) to exceptionally low levels.
Despite a significant correction, Polkadot (DOT) remains under bearish pressure, reaching its lowest point of the month at $5.87. If selling pressure persists, further declines may occur. According to CoinMarketCap, Polkadot (DOT) is trading at $5.87, a decline of 1.45% in the past 24 hours.
Polkadot (DOT) has not been without significant developments, with the Mandala Metaverse recently launching on the blockchain. However, Polkadot (DOT) will need more bullish momentum to break out of the downtrend.
Fantom (FTM)
In January, Fantom (FTM) broke the $0.40 resistance area and reached a new yearly high of $0.66 in February. However, since then the price of Fantom (FTM) has been on a free fall, reaching lows of $0.398 on April 25th.
Despite the plummeting price of Fantom (FTM), it remains within the same area now acting as support. This is a common occurrence where a horizontal resistance level, when broken, can provide support on the way down.
Fantom (FTM) now trades at $0.3983 and could fall even further. According to daily time frame technical analysis and Elliott Wave theory wave count, Fantom (FTM) is at a critical level. If the price validates the $0.38 support, Fantom (FTM) could rally above $0.48, before attempting to reclaim $0.66. If the support is broken, Fantom (FTM) could fall to $0.32.
Tradecurve (TCRV)
Tradecurve.io has created a platform that will provide users the opportunity to trade; stocks, shares, currencies, cryptocurrencies, commodities and indices all from a single account and without the need to complete a KYC procedure.
In addition to building an all-inclusive trading platform, Tradecurve is a hybrid exchange, meaning that users will get the best benefit of centralized and decentralized exchanges all from one platform.
These are some of the reasons why Tradecurve is a platform to watch out for and why investors believe that as momentum builds, it could replace the likes of Binance, Coinbase, and Kraken. The team announced that Tradecurve will list on both CEXs and DEXs upon its launch.
Tradecurve’s native utility token $TCRV has also been audited by Cyber Scope, whilst a team KYC was carried out by AssureDeFi further providing security and transparency to investors.
Currently in its presale stage $TCRV is trading at $0.01, analysts predict that Tradecurve will surge 40x-50x once the token launches, the surge of activity surrounding Tradecurve’s presale and the innovative ground-breaking movements of the initiative has enticed investors to purchase this crypto gem.
Check the following links for more information about Tradecurve (TCRV):
Buy presale: https://app.tradecurve.io/sign-up
Website: https://tradecurve.io/
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
