Altcoins

Ethereum Price Breaks Resistance, Altcoins ETH Aim for 54% Rally

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ETH jumps 13.5% to $3,300, sparking a 54% surge in altcoin prices and renewed interest in Ethereum amid bullish market expectations.

Ethereum (ETH) recently broke above a significant resistance level, fueling expectations of a 54% increase in ETH altcoin prices, which has renewed interest in altcoins.

Ethereum is up 13.5% in the past 24 hours and is trading above $3,300. This bullish momentum comes after BTC reclaimed a new high after being in bearish territory for over a month.

Ethereum has seen a spectacular rally in its market performance, posing a major threat to Bitcoin’s long-term supremacy. With this latest rally, analysts believe that ETH will hit $5,000 in the coming weeks. This would be significantly higher than its current price, giving investors more reason to look forward to Ethereum.

Ethereum Explosion Sparks Altcoin Frenzy

These months for Ethereum have been a turning point for the cryptocurrency market as a whole. After trading sideways around $3200 for several weeks, ETH finally broke above the level, reaching $3369,192 on July 15, 2024.

This turnaround has not only increased confidence in ETH’s long-term fundamentals, but has also sparked a craze among investors desperate to make money on ETH altcoins.

ETH Altcoins to Capitalize on this Surge

As the price of Ethereum skyrockets, a group of ETH altcoins are set to benefit. Within the Ethereum ecosystem, these altcoins could soon see their prices increase by as much as 54%.

  1. RCO Finance: RCOF is the native altcoin on RCO Finance platform, which allows trading of over 12000 RWA. Altcoin sales volumes have increased rapidly in line with the increase in Ethereum price. RCOF has high potential and the number of RCOF ETH pre-sale Altcoins sold on the platform is constantly increasing.
  2. Lido Staked Ether (STETH): With STETH being the flagship product of liquid staking, we can expect to see a higher demand for Ethereum staking rewards. With a market cap of $32.94 billion, STETH staking will be profitable if Ethereum’s price increases.
  3. Chainlink (LINK): Chainlink is powering the Ethereum ecosystem as the most significant decentralized oracle network among its peers, as it helps smart contacts access real-world information. With a market cap of $8.5 billion, LINK is expected to benefit from increased activity and adoption within the Ethereum network.
  4. Uniswap (UNI): Uniswap, being the largest DEX on Etherscan, is expected to see more traffic as more people trade ETH, creating a direct correlation with the price of Ethereum. With the platform currently having a market cap of $6.38 billion, Uniswap is said to be receiving significant support from the ecosystem, propelling its growth.

RCO Finance: Major Altcoin ETH Capitalizes on Ethereum Price Surge

Among ETH altcoins, RCO Finance (RCOF) stands out as the top altcoin to benefit from the Ethereum price surge. As an Ethereum-based decentralized finance platform, RCOF offers various services such as lending, staking, and trading.

With a growing community, RCO Finance shows great market potential, offering various DeFi tools and features for a seamless trading experience. The advanced crypto AI robo advisor analyzes financial goals, risk tolerance, and market conditions to help investors make informed and personalized decisions based on their needs.

The platform runs entirely on artificial intelligence and machine learning, eliminating the need for human intervention. This advanced technology ensures that users receive sound financial advice and optimal investment decisions without the biases or errors that can arise from human advisors.

RCO Finance’s ETH altcoin features strong tokenomics to prevent manipulation by those posting positive sentiment on social media to cause unsustainable spikes in demand. This makes RCOF an attractive opportunity for investors looking to be associated with Ethereum during price rallies without excessive risk.

RCO Finance prioritizes security by integrating its platform with Fireblocks for advanced protection. Additionally, the RCOF ETH altcoin smart contract is verified by Solid proofa leading authority on Blockchain security. This increases investor confidence, reducing skepticism about potential bad schemes.

Take advantage of RCO Finance’s pre-sale

While the Ethereum price surge and potential rally in ETH altcoins present interesting opportunities, savvy investors should also consider the ongoing presale in RCO Finance (RCOF) altcoin.

RCO Finance’s presale was a resounding success, with the project quickly selling over 55 million RCOF ETH altcoins. Early adopters who purchased at $0.0127 could see a 30x profit when the token launches at $0.4 – $0.6. An initial investment of $1000 could yield over $30,000 at listing.

In addition to the high ROI, RCOF ETH altcoin holders have access to passive income through staking, trading discounts, priority customer service, and voting rights on the protocol. Additionally, as the platform grows, they will have access to giveaways and rewards at levels above $200,000.

For more information, visit the RCO Finance pre-sale website OR join the online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should do their own research before taking any actions related to the company.

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