Keeping an eye out for price analysis, and predictions can help investors get valuable insights and can even aid in their decision-making process. Many of them have, as a result, turned to the AI-powered chatbot known as Google Bard to see how some of the most notable cryptocurrencies will perform, and they asked it to predict the future of Litecoin, Bitcoin, and Tradecurve.
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The Outlook Google Bard Has for Litecoin
Before we dive into Google Bard’s prediction for the future of Litecoin, it is essential to understand its current performance and price point. On June 11, 2023, Litecoin traded at $78.68. In the past seven days, Litecoin dipped by 18.5%, worrying investors.
Overall in the past two weeks, Litecoin has been down 12.4%. Investors then asked Google Bard to see how far this cryptocurrency could rise or fall in value.
Bard responded that it has mixed opinions surrounding the value of Litecoin, as on the bullish side of the spectrum, it can climb back up to $100, or it can decrease to under $50 by the end of the year. Google Bard noted that the overall state of the global economy, the performance of other cryptocurrencies, and the development of new Litecoin-related products and features would affect its value moving forward.
How Bitcoin Will Perform According to Google Bard
Bitcoin, on the other hand, traded at a value of $25,829.95 on June 11, 2023. In the past seven days, Bitcoin was down by just 5.2%, and in the last 30 days, the cryptocurrency has been down by just 2.1%.
The all-time high for Bitcoin occurred on November 10, 2021, when it reached $69,044.77, indicating that it now trades 62.67% under that point of value.
Looking at its weekly stats, the low point for Bitcoin was at $25,576.91, while the high point was at $27,315.45. When Google Bard was asked to predict the future of Bitcoin, it noted that it could either climb back up to $50,000 or dip to under $20,000, depending on the market conditions.
Google Bard noted that there are a number of indicators that suggest Bitcoin could be headed in a bearish period, such as the Relative Strength Index (RSI), which is currently at 40, and the Moving Average Convergence Divergence (MACD), which is currently crossing below the signal line, indicating a bearish signal.
Tradecurve Will Spike in Value By 100x According to Google Bard
An emerging project that gained a high level of attention from investors is Tradecurve, and the project is undergoing its presale run, where it is at Stage 3. During this stage, 1 TCRV token trades at $0.015. Analysts curious about its future asked Google Bard to predict what its value will be like moving forward.
It noted that the price of the cryptocurrencies is volatile and uncertain but noted that the trajectory the presale is going TCRV has the potential to climb 100x when it launches.
The key factors driving this high level of growth are, its focus on privacy and self-custody, implementation of innovative artificial intelligence-connected features like trading bots that can optimize a portfolio, and the addition of high leverage that lets users access 500:1 leverage so that they can gain additional opportunities to profit.
The team behind the project is also committed to user privacy, transparency, and security, and the exchange will feature no KYC requirements, enabling complete anonymity whilst also featuring Proof of Reserves (PoR) that will increase user confidence.
All of these aspects make Tradecurve primed for success and will enable it to become a dominant force in the industry.
Investors and Traders Can Learn More About Tradecurve Below:
Source: https://thenewscrypto.com/google-bard-price-analysis-for-tradecurve-litecoin-and-bitcoin/