Bitcoin’s price increased from $40,500 to $43,500 recently, yet the rally sadly failed to breach the resistance zone and break into new highs, giving bears a bit of room to breathe. The rest of the market is slightly down right now and that’s mainly due to the fact that Bitcoin has seen its retracement.
There’s also a lot of money floating into the crypto space due to the rise of Kaspa – one of the best coins to invest in in recent weeks due to its big run, and InQubeta – which is pushing the AI narrative like never before.
BTC Breakout Trends
Based on recent trading behaviour, the $45,000 mark has emerged as a key battleground for Bitcoin bulls. This price level has been a major point of resistance, according to on-chain data, with supply being fiercely protected through selling orders and the price stalling. The BTC price has made several efforts to break the $45,000 barrier, including a recent 5% rally, but each attempt has been met with a large selling presence, signalling a robust market defence by bears.
If this struggle continues in the coming year, the price may go to $42,800, which would be quite unusual considering all the current hype surrounding a potential Santa Rally and boosts from ETF approval and the halving.
Luckily, InQubeta and Kaspa are the top altcoins that can help investors saddened by BTC. The QUBE presale has raised over $7.6 million so far due to the bullish trend that has taken over the AI market. Meanwhile, Kaspa has a good place in the 100 top crypto coins by market cap and was among the biggest winners in recent months, and may continue its run well into 2024.
InQubeta Gaining Mass Appeal
InQubeta (QUBE) is undoubtedly gaining huge hype from crypto whales in 2023. This groundbreaking platform offers fractional investment in AI startups, leveraging its own unique QUBE tokens, which are deflationary ERC20 tokens, specifically designed to upgrade the process of funding AI startups.
AI startups haven’t always received the mass appeal that they may deserve, so InQubeta has stepped in to change this and revitalise the space.
InQubeta’s commitment to invention goes far beyond NFTs and AI investments though. It’s also worth noting that the platform is at the forefront of the best defi crypto projects too. With a clear focus on decentralised finance, it offers investors access to the best AI defi projects, making it a top choice in the high-tech world of crypto.
InQubeta’s inventive NFT marketplace provides an area for these AI startups to raise capital by issuing reward and equity-based NFTs. QUBE token holders can easily get involved in these projects and at the same time enjoy the privileges of early backers. The token features unique attributes, including a 2% tax on both buys & sells, with the proceeds directed to a burn wallet, thereby increasing its value over time. What’s more? A 5% sell tax is allocated to a dedicated reward pool, enabling investors to earn rewards through token staking.
Conclusion
The last two weeks in the crypto market have been exciting, as currency prices fall and rise. Investors have also been amazed by the momentum in the altcoin price of AI project InQubeta.
In order to make the best crypto investments one must look up to the predictions of crypto experts, previous market performance and of course current trends. That’s the key to living a financially stable life via reaping benefits from crypto investments.
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Source: https://www.analyticsinsight.net/bitcoins-btc-5-rally-fails-to-breach-breakout-resistance-kaspa-kas-inqubeta-qube-gain-widespread-appeal/