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Many Ethereum DeFi coins, including Chainlink (LINK) and THORChain (RUNE), follow lackluster performance.
Unlike these coins, the new Ethereum DeFi blockchain RCO Finance (RCOF) has defied market odds, riding the bullish wave to register massive upticks. Investors want to capitalize on the opportunity to turn $100 to $10,000. Let’s know more about the 2024 crypto guide.
RCO Finance is an Ethereum-built blockchain project that has set a commitment to lead the DeFi industry. As an AI-powered decentralized trading platform, RCO Finance provides investors with a fully automated and personalized investment experience.
Moreover, RCO Finance offers an AI-powered robo advisor that leverages the power of ML techniques to scan vast data sets and detect trends to provide the best investment solutions. This Ethereum DeFi platform empowers investors to enhance their crypto portfolio, cancel trading risks, and maximize profits.
For instance, an investor holding a diversified set of cryptocurrencies can rely on the robo advisor to optimize their portfolio for better returns. The robo-advisor monitors market conditions constantly and helps by alerting investors when conditions are risky or too volatile.
As a result, investors take preemptive actions to protect their assets. In addition, with access to tens of thousands of stocks, bonds, FX, ETFs, RWAs, etc., users can diversify their investment portfolios extensively.
It is also worth noting that RCO Finance assures users with great commitment to security and anonymity. Additionally, its smart contract is audited by the renowned security firm SolidProof and provides a safe and intuitive user-friendliness interaction.
Chainlink (LINK) has shown negative momentum since the start of June. The downtrend has slipped LINK from $19 to $13. Despite several attempts to rise, LINK hovered at the same spot, beneath the 50—and 200-day EMAs.
However, LINK found a way to bounce back after multiple upticks from Chainlink’s crucial support level. The bulls looked forward to sustaining its price despite Ethereum DeFi coins' volatility. LINK’s price surged to around $15, igniting market speculation and bold predictions.
While stirring the recent market, Chainlik's overall market sentiment remains bearish. The technical indicators still show downturn momentum, as LINK has plunged by 20.11% in the past month.
LINK’s CMF stood at -0.13, indicating bearish momentum. Yet several experts anticipate a major breakout of this Ethereum DeFi coin. LINK will surge to $25 by Q3 of 2024 in a bullish scenario.
After performing excellently in Q1 of 2024, THORChain (RUNE) followed downhill momentum. The price of THORChain slipped in Q2, raising concerns in the crypto market. In June alone, RUNE lost 30.47% of its gains. In late June, RUNE was trading at around $4.22.
However, long-term investors still back THORChain and believe RUNE is still the best crypto. Investors can capitalize on THORChain dips, triggering a major bullish rally in upcoming trading sessions. RUNE and other Ethereum DeFi coins need a new narrative for prices to soar again.
Yet, key momentum indicators of THORChain were showing a negative outlook. The RUNE was below the 50- and 100-day EMA. Also, RUNE’s declining RSI level showcased bearish momentum. However, analysts say if Ethereum DeFi coins gain momentum, THORChain will hit $9.32 by 2024.
Investing in LINK or RUNE could yield profits, but RCOF offers marvelous opportunities to benefit high-yield seekers. Right now, anyone can get RCOF at a minimal rate of $0.0127. This price will not last long, as RCOF aims to surge to $0.343 in Stage 2, giving an immediate 169% profit.
However, once the presale ends, RCOF will jump to around $0.6, giving an impressive 30x surge to early investors.
So, it’s the right time to buy RCOF now. RCOF will turn your $100 to $10,000 if market sentiment progresses exponentially. Grab some RCOF and enjoy the ROI shortly.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
