The positive performance of LINK and RCOF is attracting the attention of investors seeking growth, while TRX faces rising pressure for a rally.
Let’s find out what’s behind LINK and RCOF’s surge.
Chainlink Aims For $20 Amid Market Rebound
Layer-2 blockchain coin LINK has rallied to a critical support level, demonstrating a tendency for an uptrend. Despite the tussle between the bulls and the bears, LINK has fallen into the hands of the bulls. Hence, the asset has entered a consolidation phase and is looking for a breakout opportunity.
Technical indicators such as the Moving Average Convergence Divergence (MACD) support this notion, with the blue line of the MACD crossing over the orange line suggesting bullishness.
CoinGlass data also shows that the Chainlink coin recorded notable trading activities during recent trading sessions. LINK’s Open Interest is up 14% to $168 million, and its trading volume has risen by 75% to $402 million.
The increase in these vital metrics suggests investors are paying attention to LINK, and with sufficient buying activity, the asset may experience a significant rally.
Although Chainlink’s LINK faces resistance at the $12 region, a strong bullish push could launch the price to $15 and, finally, $12 if momentum persists. In the meantime, LINK is trading at $11.31, up 12.81% in the last seven days.
RCO Finance Records Boost Due To Interest In AI Trading DEX
RCO Finance is witnessing a bullish nudge from buyers turning to the AI trading decentralized exchange for an automated experience.
By incorporating an AI-powered robo-advisor, the Ethereum-based platform offers a passive trading system in which the robo-advisor conducts primary tasks automatically.
These tasks include recognizing investment opportunities, analyzing market data, monitoring price movements, managing investment portfolios, and executing trades.
The robo-advisor develops customized strategies that align with each investor's investment needs, preferences, goals, and risk tolerance.
This functionality enables it to trade the 120,000 digital assets listed on RCO Finance according to how the investor would but more effectively for increased returns. It can also recommend lucrative assets to profit from, eliminating the necessity of a financial consultant.
RCO Finance is a KYC-free trading platform that offers a debit card to enable investors to transfer funds between their local banks and the decentralized exchange.
It has also proven to be a safe custodian for digital assets, having integrated Fireblocks and undergone a full smart contract check-up by blockchain security company SolidProof.
Following its debut, the platform’s operations will be regulated globally by the provisions of the European Union’s Market In Crypto-Asset (MiCA).
CoinStat Partners With TronDAO To Provide Full Blockchain Support
Top cryptocurrency portfolio tracker CoinStats has announced a collaboration with Tron DAO, which aims to offer complete support for the blockchain.
Tron’s integration into CoinStats comes after the blockchain secures a top spot among the most significant players in the cryptocurrency diaspora, commanding the second-largest total value locked (TVL) of $8.06 billion, trailing Ethereum.
Also, TRX, Tron’s native volume, has recently climbed to the top 10 digital assets by market capitalization due to the ecosystem attracting significant interest.
Now, investors can easily track and manage their Tron-based assets along with other cryptocurrencies, and CoinStats offers smooth tracking of these coins.
By simply entering an address into the CoinStats search bar, investors can easily track any asset belonging to the Tron ecosystem, including meme coins or other ecosystems supported by the tracking firm. This functionality makes managing portfolios much easier and more effective.
A key feature of the integration is the advanced portfolio tracking mode, which enables users to keep an eye on costs, unrealized and realized gains and losses, and overall wallet performance over a specific period.
CoinStats also provides a full analysis of a particular coin's profits and losses to determine how it performed over time. Meanwhile, TRX has been trading in the red over the last seven days, tanking 2.53% to $0.14.
RCO Finance Sees Increased Buying Activity As Presale Attracts Interest
RCO Finance is also covering grounds in its presale of RCOF due to increased interest in the asset. Report shows that RCOF has generated $1.93 million from the sales of almost 20 million tokens while still in Stage 2 of its presale. As RCOF approaches the $2 million mark, the token is expected to experience a notable nudge northward.
Notably, RCOF is trading at $0.009 at a 50% discount to early buyers. Investors who buy the asset now will enjoy special perks such as quarterly dividends, tier-based rewards, and voting access.
The coin is preparing for a jump to the next presale stage at $0.0558, indicating a 63% increase in its current price.
RCOF will draw the curtains on its presale once the price lands between $0.4 and $0.6, delivering a 1,000% to 1,600% ROI to investors. However, this opportunity is Bets taken advantage of now!
For more information about the RCO Finance Presale: