Altcoins
Ethereum Price Breaks Above Resistance, ETH Altcoins Aim for 54% Surge
Disclosure: This article does not constitute investment advice. The content and materials presented on this page are provided for educational purposes only.
ETH surges 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 through a major resistance level that sparked expectations of a 54% price increase for ETH altcoins, 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 hit a new high after being in bearish territory for over a month.
Ethereum has seen a dramatic surge in its market performance, posing a big threat to Bitcoin’s long-term dominance. With this latest surge, analysts are estimating that ETH will hit $5,000 in the coming weeks. This would be significantly higher than its current price, giving investors more reasons to look forward to Ethereum.
Ethereum’s Breakout Sparks Altcoin Frenzy
These past few months for Ethereum have been a turning point for the cryptocurrency market as a whole. After trading sideways around $3,200 for several weeks, ETH finally broke through the level, reaching $3,369.192 on July 15, 2024.
This breakout not only strengthened confidence in ETH’s long-term fundamentals, but also sparked a mania among investors desperate to rake in ETH altcoins.
ETH altcoins will capitalize on this rise
As Ethereum’s price surges, a group of ETH altcoins are set to benefit. Within the Ethereum ecosystem, these altcoins could soon see their prices increase by up to 54%.
- RCO Finance: RCOF is the native altcoin on the RCO Finance The platform allows trading of over 12,000 RWA. Altcoin sales volumes have been increasing rapidly in line with the rise in Ethereum price. RCOF has high potential and the number of RCOF ETH altcoins in pre-sale sold on the platform is increasing steadily.
- Lido Staked Ether (STETH): Since STETH is the flagship liquid staking product, we can expect increased demand for Ethereum staking rewards. With a market cap of $32.94 billion, staking STETH will be beneficial if the price of Ethereum increases.
- Chainlink (LINK): Chainlink is strengthening the Ethereum ecosystem as the most prominent decentralized oracle network among its peers as it helps intelligent contacts access real-world information. With a market cap reaching $8.5 billion, LINK is expected to benefit from increased activity and adoption within the Ethereum network.
- Uniswap (UNI): Uniswap, being the largest DEX on Etherscan, is expected to gain more traffic as more people trade with ETH, creating a direct correlation with Ethereum’s price. Given that the platform currently has a market cap of $6.38 billion, Uniswap is expected to receive significant support from the ecosystem, which would boost its growth.
RCO Finance: Leading altcoin ETH benefits from Ethereum price surge
Among ETH altcoins, RCO Finance (RCOF) stands out as the best altcoin to benefit from Ethereum’s price rally. As a decentralized finance platform built on Ethereum, 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 AI crypto robo-advisor analyzes financial goals, risk tolerance, and market conditions to help investors make informed decisions tailored to their needs.
The platform runs entirely on artificial intelligence and machine learning, eliminating the need for human intervention. This advanced technology ensures users get sound financial advice and optimal investment decisions without the biases or errors that can come from human advisors.
RCO Finance’s ETH altcoin features strong tokenomics to prevent manipulation by those posting positive sentiments on social media to cause unsustainable spikes in demand. This makes RCOF an attractive opportunity for investors who want 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 audited by Strong and durablea leading authority on Blockchain security. This builds investor confidence, reducing skepticism about potentially malicious schemes.
Capitalizing on the pre-sale of RCO Finance
While the surge in Ethereum price and the potential rally in ETH altcoins present attractive opportunities, savvy investors should also consider the ongoing RCO Finance (RCOF) altcoin presale.
RCO Finance’s presale was a resounding success, with the project quickly selling over 55 million RCOF ETH altcoins. Early adopters are buying in $0.0127 could see a 30x profit when the token launches at $0.4 – $0.6. An initial investment of $1,000 could yield over $30,000 upon listing.
In addition to high ROI, RCOF ETH altcoin holders have access to passive income through staking, trading discounts, priority customer support, and voting rights on the protocol. Additionally, as the platform grows, they will have access to tiered giveaways and prizes of over $200,000.
For more information, visit the RCO Finance pre-sale site 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 action related to the company.