Ethereum Price Risks Falling Below $3,000, While RCO Finance Prepares for a 10,000x Run by January
December 28, 2024
The bearish trend in the crypto market has seen the Ethereum price bleed significantly over the past week. Should this trend continue, analysts believe Ethereum might plunge below $3,000. Meanwhile, RCO Finance (RCOF), an upcoming crypto AI token, has won over investors after showcasing massive growth potential during its presale.
Why is RCO Finance (RCOF) pumping as Ethereum (ETH) slumps? Continue reading to discover!
Ethereum has performed abysmally over the past week, plummeting by double digits. On December 16, the Ethereum price was hovering around $3,970. After trading around this range for two days, the Ethereum price began bleeding on December 18 after Bitcoin (BTC) fell from its ATH of $108,268, triggering an altcoin rout.
Specifically, the Ethereum price fell to $3,127 on December 20. However, the news of the SEC approving the first dual Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton triggered a partial recovery. By December 23, the Ethereum price had stabilized at around $3,292.
This price means Ethereum has plunged 17% in a week. Moreover, analysts foresee the Ethereum price dropping further as investors liquidate their holdings ahead of Christmas. These liquidations increase the risk of the Ethereum price falling below $3,000.
With the Ethereum price on the brink of dipping below $3,000, investors are flocking to RCO Finance to diversify their portfolios. Investors are joining this DeFi platform because it supports over 120,000 assets spread across classes like crypto, decentralized derivatives, and illiquid tokenized real-world assets.
This offering enables you to build a strong portfolio that maintains your profits, even in harsh market conditions. Amazingly, RCO Finance complements this diverse asset offering with its top feature, an AI-powered robo advisor that runs on machine learning and advanced algorithms.
This AI-powered tool offers tailored investment recommendations based on your personal risk profile and financial goals. This means you can get dependable information on when to enter or exit positions on assets matching your preferences.
By integrating these recommendations into your investment strategy, you can easily boost profitability while minimizing risk exposure. The robo advisor can also increase your net earnings by trading on your behalf. This is because the robo advisor works 24/7, spotting and investing in opportunities that human eyes would easily miss.
On top of this, the robo advisor eliminates intermediaries, minimizing the transaction costs of investing. To top this off, the robo advisor offers free tax and financial legal advice to help you stay compliant while investing in different asset classes.
RCO Finance has also caught investor attention because it supports non-KYC onboarding. This approach helps lower entry barriers while maintaining investor anonymity. Also, RCO Finance issues non-KYC debit cards, enabling you to spend a range of altcoins easily.
As the Ethereum price continues bleeding, investors are joining the RCOF presale to hedge against losses and remain profitable. RCOF has gained investor favor because it is a safe investment, according to the smart contract audit conducted by SolidProof, a leader in blockchain security.
Besides its safety, RCOF has emerged as a top investment choice for many investors because its supply is capped at 800 million tokens. Coupled with a deflationary tool, this limited supply helps position RCOF for sustainable long-term growth.
By December 23, RCOF was progressing with Stage 4 of its presale. Investors can now purchase RCOF at $0.0778. This price is set to increase to $0.2142 when RCOF enters the Bonus Round. Amazingly, Stage 4 investors will realize humongous returns, seeing as RCOF’s listing price is $0.4-$0.6.
Furthermore, analysts predict that RCOF will surge 10,000x by January 2025, outshining Ethereum’s 550% climb in 2021. This explains why you should join the RCOF presale now for a shot at massive gains.
For more information about the RCO Finance Presale:
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