BITCOIN (BTC) AND ETHEREUM (ETH) PRICE PUMP 2023, TMS NETWORK (TMSN) Hailed A BETTER LONG-TERM CRYPTHOHOLD
After a massive rally since the start of the year, the cryptocurrency market is now experiencing price resistance. Bulls rush to lock in profits.
Since early this year, the cryptocurrency market has been recovering from a series of unfortunate events in 2022 that saw most cryptocurrencies lose most of the value gained during the bull rally of 2021. Bitcoin (BTC) and Ethereum (ETH) both lost more than 65% of its value in 2022. However, a more crypto-friendly 2023 has seen the two market leaders recover more than half of their previously lost value.
Bitcoin price prediction
Bitcoin was trading at $24,430 at the time of writing, down 0.76% in the last 24 hours. Some investors believe that this is just a temporary pullback before Bitcoin continues to rise, while others believe that this is the peak of the rally.
For the rally to continue, Bitcoin needs to break through a key resistance level of $25,452. If Bitcoin breaks above this level, it could reach $26,000 within a few days. If the rally has truly reached exhaustion and this has been a bull trap rather than a bull run, Bitcoin could fall as low as $21,000.
Ethereum price prediction
At press time, Ethereum had fallen 0.88% over the previous 24 hours to trade at $1,650. Despite this drop, Ethereum is up 37% since the beginning of the year. Ethereum is one of the market players you can expect to see a rally in 2023, thanks to arguably the best fundamentals in the industry. However, the price indicators predict a short-term price drop. The RSI indicator for Ethereum is approaching 70, indicating that it is oversold. As a result, traders and investors should expect some reversals. The critical support level is $1,600. However, if Ethereum continues to rise, the second largest cryptocurrency could reach $1,800.
TMS network is a better game
With so much uncertainty surrounding Bitcoin and Ethereum, it may be best to wait and see what happens. A much better option to invest in at the moment is TMS Network (TMSN). TMS Network is a new market player that has recently taken the crypto scene by storm. All during the pre-sale period. TMS Network has been hailed as a forerunner in next-generation trading solutions.
What is the TMS network?
The TMS network is a decentralizedall-in-one trading platform built on Ethereum network to disrupt the traditional trade industry. TMS Network (TMSN) users can use crypto to trade a variety of assets such as crypto, stock, FXand CFDs. Using the network’s first-of-its-kind platform, traders can transact all major stock exchanges without having to open an account. All the trader needs to do is connect to the wallet to enjoy a smooth trading experience with immediate transaction processing and no fiat payment required.
TMS Network enters the market at a critical time when most traders and investors are moving to decentralized blockchain solutions. The shortcomings of centralized solutions, such as security and privacy, are driving this migration. Price manipulation, slow transactions and inadequate trading education are all common occurrences on traditional trading platforms. The TMS Network (TMSN) returns control to the trader, eliminating price manipulation while allowing fast, secure transactions. Beginners can also take advantage of the network’s trading lessons to hone their skills and trade in a demo account before risking their money.
The TMS Network provides traders with a large pool of assets, opening up traders to wider markets, enabling faster trades and better prices for increased profits. Further traders who hold $TMSN tokens earn commissions when other traders use the platform.
$TMSN is traded to $0.0055 in the first round of the pre-sale. The price is dynamic and will rise as the protocol’s popularity grows. Getting in early while prices are still low is a wise move. The advance sale will last until June 15. At launch, TMS Network is expected to return 1000x to its early investors. What prevents you from becoming one? Start your investment journey today with TMS Presale
For more information about the TMS Network (TMSN) see the links below:
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