Is the announced release of the Antelope Leap 3.1 consensus update enough for EOS to get back into bullish territory? Tradecurve’s trading platform addresses common issues faced by exchanges, such as limited accessibility, lack of transparency, and high fees, and offers investors a new way to enter the markets. Here, we explore what you need to know.
Developments in the EOS ecosystem
The token famous for its decentralized app creation recently saw a decline in market cap and is currently ranked as Nr. 47 by market cap. The EOS Foundation’s latest update incorporates partnerships with Block.one, Bullish, and Dotgems. The latter is famous for its NFT studio and creative agency and introduces the EOS roadmap for the upcoming NFT series.
The decentralized platform provided by EOS is known for developing and executing decentralized applications and is designed to solve issues like scalability and usability. With its delegated proof-of-stake consensus algorithm, EOS allows token holders to vote for block producers and is used to power the EOSIO software.
At the time of writing, EOS trades at $0.720430 after a bearish divergence, and further bearish pressure is to be expected. The bearish momentum has been continuously intensified, and the downtrend weighs on the price of the token. Bulls would need to step up around the support levels around $0.72, and if they could manage a pullback to strengthen their stance, there might be an uphill battle coming.
However, the constantly decreasing volatility is indicating that the bearish divergence is still weighing on the price, and the MACD indicator is also heading downwards while the RSI is still hovering around 50, which gives traders mixed signals. It has to be seen how the markets react to further announcements.
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Tradecurve shows a new way
Tradecurve’s native token, TCRV, sees growing appreciation from investors despite the insecurities in the market caused by the SEC.
Tradecurve’s goal is to redefine hybrid trading with its all-in-one trading platform engineered by traders for traders. Built on Ethereum, the platform offers a seamless solution for combining the best of centralized and decentralized exchanges.
Tradecurve’s main differentiator is accessibility to the markets for everyone, targeting the restricted access to varied asset classes for the average trader, by offering access to multiple markets, including cryptos, stocks, forex, commodities, indices, and more. With no minimum deposits and no KYC requirements, Tradecurve caters to users all around the globe, regardless of their financial background.
The simple onboarding process with just an email address allows access to the markets. By connecting a crypto wallet people are able to trade thousands of different cryptos and financial instruments.
The advantages of distributed liquidity and non-custodial storage that Tradecurve offers give traders security and cut down trading costs significantly. Transparency is key for Tradecurve and ensures fair pricing, asset security, and trade execution accuracy.
Tradecurve’s roadmap for 2023 includes platform enhancements and listings on Uniswap, CoinMarketCap, and CoinGecko, and the increasing user adoption paired with the platform’s utility and developments are set to boost market presence and the price of TCRV.
The provided metaverse trading academy is attractive for new and experienced users, and the integration of AI and algorithmic trading systems will fuel exposure and accessibility for Tradecurve’s token.
Currently in presale stage 4, TCRV is available at $0.018, and early investors have the chance to take advantage of the progressive price increases to come. Analysts estimate price gains up to 50X in the presale alone, followed by a possible 100X after listing on exchanges.
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