Recent analysis shows Shiba Inu (SHIB) and Dogecoin (DOGE) are underperforming, trading below critical price levels. However, market experts still believe in the upcoming altcoin rally, which will surprisingly be led by the rising DeFi project, RCO Finance (RCOF).
Read on to find out why this new altcoin is worth purchasing now!
RCO Finance’s AI-Powered Robo Advisor: Your Personalized Financial Copilot
While top altcoins like Shiba Inu (SHIB) and Dogecoin (DOGE) have experienced losses, RCO Finance (RCOF) continues to gain interest as an altcoin to keep an eye on amid an imminent altcoin rally.
This DeFi trading platform aims to elevate users’ trading experience, and it appears to be achieving this with the help of its remarkable Robo Advisor tool. Interestingly, the Robo Advisor is not just a regular tool but a financial advisor that runs fully on advanced AI and ML algorithms.
Something intriguing about this tool is how it eliminates the need for intermediaries and human advisors, adapting in real-time to keep the portfolio aligned with the investor’s goals, even as the market changes—curbing emotional mistakes and saving time required for market analysis.
Moreover, by completely integrating Fireblocks with its system to safeguard trade operations and transactions, RCO Finance prioritizes security. To further guarantee users’ security and integrity, a top security firm, SolidProof, regularly audits RCO Finance’s smart contracts.
Shiba Inu Defies Burn Efforts As Price Slides
Shiba Inu (SHIB) is among the altcoins suppressed by the bears after dropping by a 4.8% decline in the past 24 hours. Some experts did not anticipate this decline as they thought Shiba Inu’s (SHIB) recent 38,199,412% surge in token burn should have positively impacted its price.
Looking at the technical charts, the 50-day and 200-day exponential moving averages (EMAs) suggest a negative price trend for SHIB. Despite the broader altcoin market’s belief that it will rally soon, analysts insist that Shiba Inu’s (SHIB) bearish momentum may persist if it goes down below an important support level of $0.00001175.
Dogecoin Stuck at $0.11: Will New Game Change the Tide
Dogecoin (DOGE) is currently trading around $0.10 but faces resistance at $0.11. The price has shown limited upward movement, suggesting this resistance level is critical. In light of this, the founder of the MyDoge wallet recently announced an upcoming Dogecoin-based game that aims to integrate Web3 gaming technology—a launch poised to enhance Dogecoin’s (DOGE) utility.
Despite the bullish sentiment around Dogecoin’s (DOGE) web3 gaming plans, technical charts indicate a potential downside risk. A “death cross” pattern has emerged, with the 50-day moving average crossing below the 200-day moving average.
Historically, This is a bearish signal, suggesting Dogecoin could revisit $0.09 or $0.08 levels.
Join RCO Finance’s Presale Today!
The recent decline in Shiba Inu (SHIB) and Dogecoin (DOGE) prices has prompted investors to seek alternative opportunities, and RCO Finance’s token presale has emerged as a promising option. Notably, the RCOF presale has already raised nearly $1 million in the second stage, suggesting strong investor interest.
By acquiring RCOF tokens at the current price of $0.0344, crypto investors can secure a substantial 30% share of RCOF’s projected revenue, expected to exceed $500,000 daily in the first year and potentially climb to $750,000 daily in the second year.
Moreover, market forecasts suggest that the RCOF token will launch at a projected altcoin price of $0.6, potentially offering investors an impressive return of over 1000% on their investment.
The best part? Presale participants will have the opportunity to enter a draw with rewards totaling up to $100,000. Don’t miss out on this opportunity for significant gains—invest in RCOF now!
For more information about the RCO Finance (RCOF) Presale:
Visit RCO Finance Presale
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Source: https://www.crypto-news-flash.com/shiba-inu-shib-and-dogecoin-doge-slide-from-critical-level-but-an-altcoin-rally-is-still-possible/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-shib-and-dogecoin-doge-slide-from-critical-level-but-an-altcoin-rally-is-still-possible