Analysts have identified a key technical indicator, the “golden cross,” for Bitcoin (BTC), signaling a potential bullish trend. Significantly, Ethereum (ETH) is anticipated to mirror this trajectory.
With the Golden Cross potentially propelling these assets towards all-time highs, other promising altcoins like RCO Finance (RCOF) are poised to reap the benefits.
Let’s explore this ‘golden cross’ and why you should consider joining RCOF’s token presale to capitalize on the rally.
Ethereum’s Golden Cross: Why RCO Finance is Gaining Attention
Since Ethereum is about to enter a major “golden cross” similar to Bitcoin, promising altcoins such as RCO Finance (RCOF) are attracting attention for their seamless fusion of artificial intelligence with blockchain technology. At the core of this surging interest lies its groundbreaking Robo-Advisor, designed to assist traders in making informed decisions.
Upon entering the platform for the first time, users are prompted to complete a comprehensive questionnaire regarding their financial goals, investment preferences, and risk appetite.
This assessment is crucial for the Robo-advisor to determine each user’s needs and goals and provide the best recommendations.
Based on these inputs, the robo-advisor, with the help of AI, creates investment portfolios for each user to achieve the best trading results in accordance with their financial objectives and tolerance to risk. This approach makes trading easier and prepares both new and old traders to deal with the unpredictable cryptocurrency market.
For those who take privacy and security very seriously, RCO Finance offers an anonymous trading platform, meaning users do not have to go through the KYC process. RCO Finance’s smart contracts are also regularly audited by a top security firm, SolidProof, making it a reliable and safe platform for even big investors.
Bitcoin (BTC) Price Expected to Hit $90,000
A prominent crypto analyst, Titan of Crypto, recently announced on X that Bitcoin (BTC) is forming a Golden Cross, where the 100-day moving average exceeds the 200-day moving average.
This unprecedented signal suggests that a successful crossover could significantly increase the Bitcoin price, potentially starting a major bull run.
Adding to the optimism, analyst Crypto Jelle confirmed this Golden Cross, indicating it’s a positive sign for the overall markets. Jelle speculates that Bitcoin (BTC) could rise to $90,000 if the crossover succeeds, setting a new all-time high.
This is encouraging news for the crypto community, especially as Bitcoin’s token price has been down by 4.4% in the last seven days and is still trading below $60,000.
Bitcoin Golden Cross Fuels Ethereum Accumulation
As of September 4, Ethereum’s (ETH) price has declined 15% over the past 10 days. Despite this downturn, whale investors have been actively buying since August 16.
According to IntoTheBlock, wallets holding at least 120,000 ETH added 333,740 ETH on September 3, valued at approximately $800 million.
Analysts say whales are accumulating ETH due to Bitcoin’s ‘Golden Cross,’ potentially benefiting the altcoin market. Despite short-term selling pressure, whale support around $2,400 may hold. The Keltner Channels show Ethereum nearing support at $2,316.70; staying above this could enable a breakout above $2,571.77.
RCO Finance: Following the Footsteps of BTC and ETH
As Ethereum surges towards potential new all-time highs, the spotlight is on RCO Finance, which is emerging as the Ethereum altcoin to watch. With an impressive uptake of over 95 million presale tokens and close to $2 million in revenue already secured, RCO Finance is making waves.
Currently in its second presale phase, RCO Finance (RCOF) offers tokens at a discounted rate of $0.0344 per token. Its deflationary token model, devised to appreciate at each presale stage, promises investors a potential return exceeding 20x upon its launch at the anticipated altcoin price of $0.6.
With RCOF poised to mirror the bullish trends of BTC and ETH in 2021, seizing this opportunity is a must!
For more information about the RCO Finance (RCOF) Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
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