Is It Too Late to Buy Bitcoin SV? BSV Price Pumps Up 12% and AI Crypto Signals Platform yPredict Just Hit $3.25m
Bitcoin SV is undertaking an impressive bounce out of consolidation, as converged support from the 20DMA and 200DMA give footing to potential recovery rally.
This comes following a tough month of price action for the Bitcoin hard fork project, which saw rejection from topside resistance at $55 fuel -34% in a retracement cascade.
Bitcoin SV Price Analysis: Will BSV Rally See Return of Recovery?
Double-bottomed support following two weeks of consolidation have left BSV trading high at $37.64 (a 24 hour change of -6.5%).
The minor pull back results from a dramatic +15% climb over the past 48 hours, as BSV bounced hard off the converged support of the 20DMA and 200DMA.
Rumoured to be a return to recovery rally posturing, BSV saw a high-growth recovery ignite back in June pushing price sky-high +138%, this itself followed a tumultuous two years of bleed-out for the Bitcoin fork project.
With price action back on the up, BSV's RSI indicator has shown remarkable moderation, failing to overheat to a significant degree on the recent price move - with the indicator only signalling minor bearish divergence at 50.26.
This is met with a bullish signal from the MACD, which is showing a positive 0.16.
Upside potential here could see a return to retest resistance at $56 (+50%), yet downside risk remains a looming threat with lower support at $26 (-28%).
As indicators flip green, technical rally structure seems to be on the horizon, leaving BSV with an alluring risk: reward profile of 1.8.
Eagle-eyed traders who rode the uptick in BSV could have received a lucrative +15% gain since Sunday, and with the rise of AI trading platforms more and more investors are doubling their profits.
This has led to a surge of capital flooding into leading AI trading platforms, one such project making headlines around the crypto space is yPredict.
yPredict Presale Surges Past $3.25m
Tired of missing out on sensational pumps? Want to trade with the acuity of a venture capitalist? This is where yPredict ($YPRED) steps in.
An innovative, AI-powered crypto signal firm, yPredict has not only raised over $3.17m in its ongoing presale, but is also setting the stage for a revolutionary trading platform.
The transformative platform is designed to equip retail traders with valuable insights, enabling them to navigate the complex world of cryptocurrency effectively.
Welcome to the next phase of crypto trading, where advanced AI technology meets predictive models.
yPredict, the pioneer in AI-backed crypto signals, is establishing a unique foothold in the crypto market.
The platform offers detailed analysis, pulling out potential market trends from a sea of data, a luxury once exclusive to elite market participants.
$YPRED Value Accrual Will Be Unhinged By Exclusive Access Function
As the presale continues, with only 40% left until the price jumps to $0.11, a 11% increase - it's an open invitation for you to join this giant stride in crypto trading, one that promises the possibility of astronomical gains.
yPredict not only maximizes profits but also significantly reduces risk - the platform offers a marketplace where industry experts can monetize their knowledge, providing model predictions or data research as trading signals.
Holding $YPRED tokens means more than just access to this next generation platform.
It's also an opportunity to generate passive income through staking tokens and earning a proportion of the subscription fees paid by users.
This model promotes long-term investment, alleviating sell pressure in the market.
As a disruptive digital project, yPredict aims to redefine how we approach crypto price predictions, leveraging AI-based algorithms to offer precise, real-time forecasts - giving its members an upper hand in the swift-moving crypto markets.
Leverage AI Analysis to Supercharge Your Trading Portfolio Using yPredict
Beyond predictions, yPredict is equipped with a data-driven analytics platform that bridges the gap between AI/ML developers and cryptocurrency traders.
Here, data scientists can monetize their predictive models and signals through a subscription service, eliminating the need for personal trading engagement.
The ecosystem also includes a comprehensive trading terminal that is intuitive and user-friendly, offering a variety of order types.
The $YPRED token, the lifeblood of the yPredict ecosystem, offers holders complimentary access to the yPredict analytics platform.
Moreover, they can use these tokens to pay for subscriptions on the yPredict prediction marketplace.
Holders also have the opportunity to stake their tokens, reaping attractive APYs with 10% of the platform's revenue reserved to bolster the liquidity of these pools.
Under the aegis of Raj Sharma, founder of Renske Technologies Inc., the dedicated team at yPredict, a blend of developers, traders, and analysts, is committed to creating a platform that genuinely champions traders.
Don't miss out on the opportunity to be part of this revolutionizing movement in crypto trading.
yPredict is redefining the crypto trading landscape, one prediction at a time.
Don't let FOMO get the better of you - participate in the ongoing $YPRED presale and prepare for a potential skyrocketing crypto journey!
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.