Investors and traders have taken note of three coins that are gaining traction and appear to be building upside momentum: bitcoin (BTC), XRP, and tradecurve (TCRV).
In their assessment, these cryptocurrencies may surpass expectations in 2023 and rally, benefiting investors expecting higher returns on investment.
To assess their possible growth, we’ll analyze each asset individually.
Bitcoin and its potential in 2023
BTC prices rose above $27,000 before the release of the Nonfarm Payrolls report in the US.
According to economic experts, the economy was expected to add 180,000 jobs in May, a decline from the 253,000 jobs added in April. Meanwhile, stocks saw a rise, with less focus on the debt ceiling issue.
Additionally, the price of gold has been increasing, and analysts predict that the jobs report could push the value of the metal market back up to over $2,000.
Recent events have impacted the value of BTC. As of June 2, 2023, bitcoin was trading at $27,098.80. In the past week, BTC prices have risen by 2.6%. However, in the last 24 hours, the upside momentum is fizzling, and the coin is up by 0.6%.
Although bitcoin hasn’t experienced a significant increase, it’s still in the green zone, and analysts predict that there will be upward momentum.
XRP price prediction and momentum
XRP prices remain on an uptrend after being initially rejected at $0.4. It has since rallied, rising above the $0.45 resistance level, and could rally to $0.60 in the coming weeks.
If XRP continues to rally and breach $0.60, it could signal the resumption of bulls that may drive the coin to $0.90 by the end of the year.
On June 2, 2023, XRP traded at $0.517045. In the past 30 days, the coin is up 14%, adding 10.9% in the last week alone. XRP also added 2.3% in the previous trading day; a pattern that could signal strength and the readiness for another leg up.
Tradecurve can dominate web3 in 2023 and beyond
Tradecurve is a trading platform that combines the best aspects of CEXs and DEXs.
It allows users to trade cryptocurrencies and derivatives from a single account without submitting personal information, aligning with know-your-customer (KYC) procedures. In this arrangement, traders completely control their coin’s private keys.
The platform aims to remove entry barriers and introduce a trading platform that provides a deep level of liquidity, anonymity, and quick execution.
Tradecurve also allows users to deposit crypto, use it as collateral when making trades, and utilize all decentralized finance (DeFi) capabilities.
The utility token for Tradecurve’s platform, TCRV, is currently trading at $0.015.
Over the past week, the price of TCRV has risen 25%. This increase is why experts maintain a positive outlook on the platform.
19,715,746 TCRV tokens have been sold in stage 3 of the Tradecurve presale. In stage 4, each TCRV token will be available for $0.018.
Visit the Tradecurve site or the links below to learn more about TCRV:
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