Investors and traders have noticed three currencies gaining traction and appearing to be building bullish momentum: Bitcoin (BTC), XRP, and Curve Trade (TCRV).
In their valuation, these cryptocurrencies may exceed expectations in 2023 and go higher, which benefits investors who expect higher returns on investment.
To assess their potential growth, we will analyze each asset separately.
Bitcoin and its potential in 2023
BTC price rose above $27,000 ahead of the release of the US Nonfarm Payrolls report.
According to economists, the economy was expected to add 180,000 jobs in May, down from the 253,000 jobs added in April. Meanwhile, stocks were on the rise, with less focus on the debt ceiling issue.
In addition, the price of gold has been on the rise, and analysts predict that the jobs report may push the value of the metals market back above $2,000.
Recent events have affected the value of Bitcoin. As of June 2, 2023, Bitcoin is trading at $27,098.80. In the past week, the Bitcoin price has increased by 2.6%. However, in the last 24 hours, the bullish momentum has faded, and the coin is up 0.6%.
Although Bitcoin has not seen a significant increase, it is still in the green, and analysts predict that there will be an upward momentum.
XRP price prediction and momentum
XRP price remains bullish after initially being rejected at $0.4. It has since rebounded, rising above the $0.45 resistance, and it could climb to $0.60 in the coming weeks.
If XRP continues to rise and breaches $0.60, this could indicate a resumption of bulls which could push the coin to $0.90 by the end of the year.
On June 2, 2023, XRP was trading at $0.517045. In the past 30 days, the coin is up 14%, adding 10.9% in the last week alone. XRP also added 2.3% in the previous trading day; It is a pattern that can indicate strength and readiness for another move.
Tradecurve could dominate Web 3 in 2023 and beyond
Tradecurve is a trading platform that combines the best aspects of CEXs and DEXs.
It allows users to trade cryptocurrencies and derivatives from a single account without providing personal information, in compliance with Know Your Customer (KYC) procedures. In this arrangement, traders have complete control over their private currency keys.
The platform aims to remove barriers to entry and introduce a trading platform that offers a deep level of liquidity, anonymity, and fast execution.
Tradecurve also allows users to deposit cryptocurrencies, use them as collateral when making trades, and take advantage of all decentralized finance (DeFi) capabilities.
The Tradecurve platform utility token, TCRV, is currently trading at $0.015.
Over the past week, the price of TCRV has increased by 25%. This increase is the reason why experts maintain a positive view of the platform.
19,715,746 TCRV tokens were sold in Tradecurve’s Phase 3 pre-sale. In Phase 4, each TCRV token will be available for $0.018.
visit Tradecurve website Or the links below to learn more about TCRV:
Click here to purchase pre-sale TCRV tokens
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