Binance Coin and Ethereum Remain Bearish; Unilabs Pumps 30% After CoinMarketCap Listing
Following its registration on CoinMarketCap, Unilabs, the first AI-based DeFi asset manager, made a big move in the cryptocurrency market by rising 30%. This remarkable push contrasts sharply with the present pessimism surrounding Ethereum and Binance Coin.
Both Ethereum and the price of Binance Coin are presently trading in the red area. Due to their declining weekly chart prices, investors are now compelled to consider Unilabs. It is anticipated that the DeFi project would soon rise above $1.
Binance Coin (BNB) Gains Momentum, Targets $780
The price of Binance Coin is displaying stability on the charts, per CoinMarketCap. The price of Binance Coin has risen beyond $760 and is headed for $780. On the weekly chart, the price of Binance Coin is still down 2.9% in spite of the increase.
Nonetheless, with gains of 16.9% and 60.4%, respectively, the monthly and annual timeframes continue to be positive. Technically speaking, the ADI shows a sell signal, indicating a downward trend.
But according to Crypto Rand, the price of Binance Coin may soon surpass $1,000. According to BigMike7335, another analyst, the price of DeFi cryptocurrency is poised to rise to $860. In the meantime, a new milestone has been reached by the BNB Chain. On-chain measurements indicate how many transactions occur in a single block every second.
Ethereum (ETH) Must Cross $4k To Spark Uptrend
The Ethereum price is presently trading close to the last boss, the $4,000 level, according to MerlijnTrader, a leading cryptocurrency trader. The analyst pointed out that over the last three years, the price of Ethereum has not been able to turn the level into support seven times.
There has been strong selling pressure on every attempt. The price of Ethereum has risen as high as $4,106 in the last year. If the Ethereum price reverses this zone, MerlijnTrader believes that $10,000 is the next goal.
Another analyst, CryptoGoos, thinks that the $4,000 mark is the sole obstacle standing in Ethereum’s way. If it surpasses the area, he predicts that the price of Ethereum might rise to $8,000.
The price of Ethereum is currently between $3,700 and $3,900. On the weekly chart, the altcoin price has fallen 4.2%, according to CoinMarketCap. The price of Ethereum has been somewhat steady because to whale accumulation from institutional giants such as BitMine and SharpLink.
The price of Ethereum is experiencing conflicting feelings from a technical standpoint. The RSI suggests a potential rally even though the negative MACD is a sign of a bearish divergence.
Unilabs (UNIL): A Revolutionary AI-Driven Platform Set to Disrupt DeFi
Unilabs (UNIL) is poised to emerge as a prominent player in the cryptocurrency investment space. With a projected valuation of around $16.53 billion by 2029, the project falls into the AI in asset management domain and has significant development potential.
It offers a distinct method of cryptocurrency investing that differs from conventional and modern DeFi protocols by fusing AI with blockchain technology. Unlike Aave and other traditional platforms, which require manual control and a set interest rate to be maintained, Unilabs functions differently. AI is used by Unilabs to oversee the investment funds.
AI-assisted portfolio management will enable Unilabs to track market movements, make real-time investments, and maximize profits without the need for human intervention. With the help of such advanced technology, assets are continuously rebalanced by recent market developments, allowing the user to increase their gains faster.
Additionally, Unilabs presents its Early Access Scoring System (EASS), which allows token holders to gain early access to the next big investment opportunity by providing them with exclusive access to promising new crypto projects before they are released to the public.
In the sixth phase of its initial coin offering (ICO), Unilabs has raised more than $11.8 million. The price of the UNIL coin is $0.0097, and depending on the platform’s increasing usefulness and market penetration, it could rise by 100%.
Why Investors Are Buying The DeFi Coin That Yielded 30% ROI
Unilabs has made a remarkable 30% rise since listing, making it a rising star in the cryptocurrency industry. In the meantime, Ethereum and Binance Coin are only stabilizing in a volatile market. However, if it surpasses the $4,000 level, analysts believe that Ethereum may reach the $10,000 mark and BNB may surge towards $1000. Nonetheless, Unilabs is the greatest cryptocurrency investment for large profits due to its low market capitalization and usefulness.
Website: https://unilabs.finance/
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