Solana (SOL) is slowing down and struggling to break past key resistance at $164. It is consolidating, and traders look forward to the new AI DeFi platform, RCO Finance (RCOF).
RCOF promises a 5,000% growth projection by December 2024 and has become an attractive alternative to SOL traders. Let’s look in detail.
Solana Faces Key Resistance at $164 Amid Bearish Shift
Solana had a great month and grew over 10% in the past month. In mid-October, SOL was trading around $154 with a market cap of $72 billion. Technical analysis shows that Solana has huge resistance at $164.
Solana Bulls last broke past this level in August. It has been consolidating between $150 and $160 since early October. Experts say SOL has good support at $134. SOL enjoyed over 500% gains since the start of 2024 but has shifted to bearish momentum.
If Solana moves above $164, it could rally toward $200. But the chances of a bullish reversal are low now, and SOL could drop further. Experts say SOL will consolidate for a while, but its path is uncertain.
Consequently, SOL traders are flocking towards RCOF for its real-world utility and projected 5000% gains before 2025.
RCO Finance Attracts Traders with AI and Privacy-First Solutions
With its AI and ML-powered platform, RCO Finance has attracted crypto traders and investors of all caliber. It makes advanced trading tools accessible to everyone and simplifies complex financial management.
It is a no-code, fully automated system. As a result, anyone can easily invest without expertise via RCO Finance. It has also removed all middlemen and hidden fees, so investors can directly access and invest in fewer steps.
RCO Finance’s AI-powered Robo Advisor delivers personalized investment strategies. If you are new to investing, that strategy will guide you to maximize your portfolio. It’s a valuable advisor that helps even experienced investors make informed investment decisions.
The robo-advisor considers your risk tolerance and preferences to create a personalized strategy. It continuously analyzes market data and offers real-time adjustments to investment portfolios.
The AI adapts its recommendations based on emerging trends and market conditions. RCO Finance also offers access to over 120,000 assets across 12,500 asset classes. You can diversify your portfolio with traditional stocks, bonds, ETFs, RWAs, etc.
RCO Finance allows for fractal ownership of tokenized real-world assets, making investing in high-value assets like real estate and owning a fraction of them easier. You can invest in these diverse assets in a KYC-free ecosystem.
They don’t have a vague and time-consuming ID verification process. It also shortens lengthy onboarding processes. You can invest and be anonymous with RCO Finance.
RCOF Aims for 5,000% Growth by 2024
RCO Finance is targeting a 5,000% increase by the end of 2024 as its token presale is going strong. In stage 2, the platform has sold over 73 million RCOF tokens at $0.034.
They have raised over $3.78 million and aim to reach $5 million by the end of October. RCOF is set to rise to $0.055 in stage 3, with a projected listing price of $0.60 on DEXs. Once RCOF is listed on top CEXs, experts anticipate further growth of about 5,000% by December 2024.
RCO Finance’s reputation has been reinforced by a successful SolidProof audit, confirming no vulnerabilities in its smart contracts. This transparency has attracted institutional investors and top traders. Buy RCOF now to ride a 5,000% rally!
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community
Source: https://www.cryptonewsz.com/traders-shift-to-rco-finance-for-5000-percent-gains-as-sol-stalls/