Sui and Compound bearish, Tradecurve Markets bullish signals strengthen
Investors’ portfolios have been shrinking due to recent price changes in Sui (SUI) and Compound (COMP). However, they are keeping an eye on Tradecurve Markets (TCRV) as it has been trending positively, offering the potential to recover some of their losses.
Let’s take a closer look at the price movements of these alternative coins.
Summary
- SUI is bearish but can reach 0.76 by the end of 2023
- COMP, but analysts believe it can reach $72.68
- Tradecurve Markets (TCRV) may surge on launch
Sui is bearish
On Aug. 9, 2023, SUI was trading at $0.598790. Over the past week, it fluctuated, reaching a low of $0.565512 and a high of $0.634252.
Additionally, SUI’s market capitalization was $433,380,445, with a 24-hour trading volume of $62,732,360.
Looking at the broader picture, SUI is down 5.4% and 5.1% over the past week and month, respectively.
Despite recent bearish pressure, there is optimism that SUI may eventually recover.
According to analysts, SUI can reach $0.76 by the end of the year.
Compound dips
Regarding COMP, it was trading at $55.94 when writing. Last week, it fell to $53.29 and posted a high of $64.18. Its market cap is $384,068,015, while its 24-hour trading volume is $65,652,043.
Over the past month, COMP has decreased by 3.1%, and in the past week, it has fallen by 12.3%. However, there’s still potential for COMP to bounce back. According to COMP price predictions, it may reach $72.68 by the end of the year.
Supporters bullish on Tradecurve Markets
Given the recent downward trends in SUI and COMP, many investors are paying attention to TCRV. Tradecurve is an emerging hybrid exchange that combines the strengths of centralized and decentralized platforms.
Over the past week, TCRV rose 40%. Since the beginning of its presale, it is up 150%, rising from $0.010 to $0.025. Currently, in stage 5 of the presale, demand has been high.
This growth can be attributed to its features, including high leverage starting at 500:1, a VIP account system, protection against negative balances, and artificial intelligence (AI)-driven trading bots.
Analysts expect a rally when TCRV lists on tier-1 exchanges and Uniswap
Many exchanges face challenges related to privacy, accessibility, and high fees. Tradecurve Markets offers a solution by providing open access to various cryptocurrencies and derivatives. Clients can quickly create accounts, deposit coins, and start trading without extensive identity verification.
Using Tradecurve Markets, users can maintain their privacy and have control over their assets. Additionally, the team plans to introduce proof-of-reserves (PoR). It is also working on the development of a Trading App in beta.
With the upcoming listing on Uniswap and other top-tier exchanges, analysts are confident TCRV will surge, especially considering its recent performance.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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