Top altcoins like TRON (TRX) and Litecoin (LTC) have showcased varied performances as the crypto market bleeds amid a renewed bearish trend. However, an analyst expects these tokens to plunge in the near term.
As a result, smart investors have started gravitating toward RCO Finance (RCOF), an upcoming DeFi Token that has secured $4.25 million thus far into its presale. Why are savvy traders shifting from TRON and Litecoin to RCO Finance? Let’s find out!
TRON Surges 2% in a Week: Will Bulls Hold?
TRON has performed decently over the past seven days, maintaining a green cart despite the bearish force in the broader crypto market. On October 19, TRX was changing hands at around $0.1584.
After holding this level for days, TRX gained momentum on October 22 after Swing Network integrated TRON.
This development saw TRON soar as high as $0.1665 on October 25 before correcting downward. By October 26, TRON (TRX) had stabilized at around $0.1629, which means TRON had gained 2% in a week. This weak price action explains why TRON investors are flocking to RCO Finance.
Moreover, Blockchainballer, a Binance KOL on X, pointed out that TRON is retracing into a demand zone after rejection from resistance at $0.1640. To this end, this KOL believes TRON might plunge to $0.1560 if the above price level gives way.
Litecoin Dumps 6% in a Week: Is a Resurgence Incoming?
Litecoin has showcased subpar performance over the past seven days. On October 19, LTC was hovering at around $73.80. It is worth noting that Litecoin attained this price due to the excitement emanating from Canary Capital filing the first spot Litecoin ETF application with the SEC on October 15.
After trading as high as $75.76 on October 19, Litecoin began pulling back before revisiting the red territory on October 21. By October 26, Litecoin (LTC) had leveled off at around $68.56, meaning Litecoin shed 7% weekly.
Moreover, analysts expect LTC to continue bleeding as the excitement about Canary Capital filing for a Litecoin ETF wears off. Combined with Litecoin’s weak price action, this forecast explains why smart Litecoin investors are migrating to RCO Finance (RCOF).
RCOF Poised To Soar To The Moon During Its Presale
With analysts predicting that TRON and Litecoin might soon enter a deep bear market, investors have migrated to RCOF to hedge against losses. RCOF has gained investor favor because of its limited supply of 800 million tokens and token-burning mechanism, which positions it for long-term value appreciation.
As of October 26, RCOF was in Stage 3 of its presale, with each token going for $0.0556. Investors that buy RCOF during this stage stand to realize colossal returns when this Ethereum-based token soars to its listing price of between $0.4 and $0.06.
Furthermore, experts predict that RCOF will rise meteorically when listed on top DEXs and CEXs. Experts believe RCOF will make this leap because of increased investor confidence.
It is worth noting that RCOF investors do not have to worry about the safety of their investments because SolidProof, a renowned blockchain security firm, audited the token’s smart contract, verifying that it was secure and vulnerability-free.
RCO Finance Steals The Show With Its Crypto AI Solutions
TRON and Litecoin investors are also buzzing about RCOF because it offers access to RCO Finance. RCO Finance is an up-and-coming crypto AI platform that seeks to help investors maximize profits and minimize risk by offering state-of-the-art tools that simplify investing in crypto and TradFi markets.
RCO Finance can build cutting-edge tools in minutes by merging AI and blockchain technology. As such, the platform’s users always have an edge against traders on conventional DeFi platforms. However, the centerpiece of the RCO Finance platform is its AI-powered robo advisor, which runs on machine learning and algorithms.
This tool stands out because it analyzes multiple markets simultaneously, gathers data, and generates personalized investment suggestions. With these investment tips, investors can know when to enter or exit positions and which assets to buy or sell to maintain profitable portfolios. This approach helps prevent emotional investing.
Also, the robo advisor can help investors increase their chances of making lucrative trades by trading on their behalf. Considering the robo advisor runs 24/7, this revolutionary crypto AI tool easily spots and quickly acts on market opportunities that human eyes would easily miss.
RCO Finance Prioritizes Your Anonymity
TRON and Litecoin investors are known for valuing anonymity, another reason they are flocking to RCO Finance. RCO Finance only requires new members to submit KYC information while signing up. As such, investors can access professional investment management tools without giving up personal details.
Furthermore, RCO Finance issues non-KYC debit cards, enabling investors to spend their crypto in both the DeFi and real economies while maintaining anonymity. This explains why you should join RCO Finance!
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
Source: https://www.cryptonewsz.com/investors-shift-to-rco-finance-as-trx-and-ltc-face-bearishness/