Ethereum price breaks resistance, ETH altcoins eye 54% rally

ETH surges 13.5% to $3,300, sparking a 54% rise in altcoin prices and renewed interest in Ethereum amid bullish market expectations.

Ethereum (ETH) recently crossed a significant resistance level that ignited expectations of a 54% surge in ETH altcoins prices, which has renewed interest in the altcoins.

Ethereum has increased by 13.5% in the last 24 hours and is trading above $3,300. This bullish momentum comes after BTC recovered a new high after being in bearish territory for over a month.

Ethereum has rallied dramatically in its market performance, posing a great threat to Bitcoin’s long-term supremacy. With this latest rally, analysts believe that ETH will reach $5,000 in the coming weeks. This would be significantly higher than its current price, giving investors more reasons to look forward to Ethereum.

Ethereum’s breakout sparks altcoin frenzy

These months of Ethereum have been a turning point for the cryptocurrency market as a whole. Having traded sideways around $3200 for several weeks, ETH has finally breached the level, reaching $3369.192 on July 15, 2024.

This breakout has not only boosted the confidence in the ETH’s long-term fundamentals but has also sparked a mania among investors desperately looking for the ETH altcoins to make a killing.

ETH altcoins to capitalize on this surge

As the Ethereum price soars, a group of ETH altcoins is set to benefit. Within the Ethereum ecosystem, these altcoins may soon see their prices surge by up to 54%.

1. RCO Finance: RCOF is the native altcoin on the RCO Finance platform, which enables the trade of over 12000 RWAs. Altcoin sales volumes have been increasing rapidly in line with the rise in Ethereum’s price. RCOF has high potential, and the number of presale RCOF ETH Altcoins sold on the platform is steadily rising.
2. Lido Staked Ether (STETH): Considering that STETH is the flagship liquid staking product, we can expect increased demand for Ethereum staking rewards. With a market capitalization of $32.94 billion, staking in STETH will be beneficial if the Ethereum price increases.
3. Chainlink (LINK): Chainlink empowers the Ethereum ecosystem as the most significant decentralized Oracle network among its peers since it helps smart contacts access real-world information. With a market capitalization reaching $8.5 billion, LINK is expected to benefit from increased activity and adoption within the Ethereum network.
4. Uniswap (UNI): Uniswap, being the biggest DEX on Etherscan, is set to gain more traffic as more people trade with ETH, creating a direct correlation with Ethereum price. Since the platform currently has a market capitalization of $6.38 billion, Uniswap is said to receive significant support from the ecosystem, pushing its growth.

RCO Finance: Top ETH altcoin capitalizing on Ethereum price surge

Among the ETH altcoins, RCO Finance (RCOF) stands out as the top altcoin for benefiting from Ethereum’s price surge. As a decentralized financial platform built on Ethereum, RCOF offers various services such as lending, staking, and trading.

With a growing community, RCO Finance shows great market potential, offering various DeFi tools and features for a smooth trading experience. The advanced crypto AI robo advisor analyzes financial goals, risk tolerance, and market conditions to help investors make informed decisions tailored to their needs.

The platform operates entirely on artificial intelligence and machine learning, eliminating the need for human intervention. This advanced technology ensures that users receive sound financial advice and optimal investment decisions without the biases or errors that can come from human advisors.

RCO Finance’s ETH altcoin features strong tokenomics to prevent manipulation by those posting positive sentiments on social media to cause unsustainable demand spikes. This makes RCOF an attractive opportunity for investors wanting to be associated with Ethereum during price upsurges without excessive risk.

RCO Finance prioritizes security by integrating its platform with Fireblocks for advanced protection. Additionally, the RCOF ETH altcoins’ smart contract is audited by Solidproof, a leading authority in Blockchain security. This enhances investor confidence, reducing skepticism about potential bad schemes.

Capitalizing on the RCO Finance presale

While the Ethereum price surge and the potential rally in ETH altcoins present exciting opportunities, savvy investors should also consider the ongoing presale of the RCO Finance (RCOF) altcoins.

The RCO Finance presale has been a resounding success, with the project selling over 55 million RCOF ETH altcoins quickly. Early adopters buying at $0.0127 could see a 30x profit when the token launches at $0.4 – $0.6. An initial $1000 investment might yield over $30000 at listing.

Apart from high ROI, the RCOF ETH altcoins holders have access to passive income through staking, trading discounts, priority customer services, and voting rights on the protocol. Moreover, as the platform grows, they will have access to tiered-based gifts and prizes of over $200,000.

For more information, visit the RCO Finance presale website or join the online community.