Solana Breaks Out on Bitcoin Price Slump: Tradecurve Predicted To Grow 50x

This piece examines the recent rally in Solana (SOL) as it manages to thrive amidst the Bitcoin (BTC) price downturn. However, the focus is on Tradecurve (TCRV), a new contender that’s grabbing the spotlight with its predicted 50x pump. We’ll analyze these trends and what they mean for investors in the dynamic crypto market.

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Bitcoin (BTC) Price Slump

Bitcoin (BTC) has been on a tear lately, with a sharp pump from $24,800 to $31,000 in just two weeks. However, Bitcoin is now struggling to push past resistance levels at $31,000 and higher, leading to a price slump in the last few days.

The reason for this pump is the speculation surrounding a spot Bitcoin ETF — something that has been on the cards for a while now. If approved, this will open up new avenues of investment in Bitcoin for traditional investors who don’t have the technical expertise to purchase it directly from exchanges.

However, the uncertainty surrounding the approval of this ETF has caused volatility in Bitcoin prices. Some technical analysts are pointing to a bearish weekly divergence that shows a weakening bullish momentum.

With $30,000 acting as strong support, any move below $29,000 could spark more selling pressure and push Bitcoin down toward $25,000 or even lower before the asset sees buyers step back in.

Solana (SOL) Breaks Out: Capitalizing on Bitcoin’s Price Slump

Despite the Bitcoin price slump, Solana (SOL) is recording strong gains. The cryptocurrency has surged over 14% in the last week and has climbed above $20 to a current price of $22.10.

So, what caused this sudden Solana surge? The main catalyst for this price increase can be attributed to Solana being oversold due to bad news events that occurred within the last year. With those events now behind them, Solana is starting to see more attention from traders and investors.

Looking at the charts, we can see that Solana has just broken out of a descending triangle pattern that has held the Solana price down for over one year. The next key level that Solana traders are watching is $25, which if broken could lead to an even bigger pump toward $40.

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— Tradecurve (@Tradecurveapp) July 22, 2023

Tradecurve (TCRV) Predicted to Pump 50x

Tradecurve (TCRV) is a trailblazing trading platform with a unique hybrid model that marries the benefits of both centralized and decentralized trading arenas. Tradecurve offers a sweeping variety of financial instruments, such as commodities, equities, foreign exchange, and more.

What truly sets Tradecurve apart is its departure from the typically burdensome KYC (Know Your Customer) procedures. This shift empowers traders on the Tradecurve platform to seamlessly connect with and navigate the global financial markets, avoiding the often tedious and complex identity verification steps that are standard on numerous other platforms.

In addition to its pioneering structure, Tradecurve is packed with an array of innovative features. This includes AI-enabled algorithmic trading, trading leverage of up to 500:1, and access to copy trading services. Users can also enter a trading academy metaverse for an immersive trading education experience.

More than 100 million TCRV tokens have been sold since the presale began. The token has seen a significant 150% surge in value from $0.010 to $0.025. Market pundits hint at this being merely the start of Tradecurve’s promising voyage. This is with anticipation that TCRV might skyrocket to $1.00 following its listing on major exchanges later this year.

For more information about the Tradecurve (TCRV) presale:

Website: https://tradecurve.io/ 

Buy presale: https://app.tradecurve.io/sign-up 

Twitter: https://twitter.com/Tradecurveapp 

Telegram: https://t.me/tradecurve_official