Outside of the raffle space, many investors in Arbitrum and Cronos are prioritizing the Raffle’s presale to get the next 30X investment. Their incredible staking terms have caught the attention of many professional investors who are trying to move their funds from Cronos and Arbitrum projects to new endeavors that provide the possibility of higher passive revenue.
Ethereum Classic’s Recent Movement
Ethereum Classic saw positive momentum at the start of March, which resulted in a notable valuation increase in the first week. The bullish impetus faded after the peak of $39.67, leaving a horizontal trend that lasted for a week, signaling a period of consolidation. A 30% decline was sparked by a pessimistic shift in mood brought about by increased market volatility. Following the pullback, bulls gained steam, and the market had good price activity. But on March 29th, after breaking over the $35 resistance level, a correctional phase started and a symmetric triangle pattern developed. Since then, $ETC has been moving within this pattern, indicating a long-term negative outlook. A breakout above the resistance level of $35 would indicate the start of a bullish trend that could aim for $40. A trend reversal might cause the bulls to lose momentum and possibly challenge the lower support level of $30 in the coming week, according to Coingabbar Prediction.
Filecoin’s Next Move
Filecoin established a pattern of horizontal channels. The sideways trend is a synonym for the horizontal channel. Generally speaking, price consolidation occurs when the horizontal channel forms. The price movement is contained within the upper trendline, which links the highs, and the lower trendline, which connects the lows, in this pattern, which runs horizontally parallel.
One of the best patterns to time the market when the buying and selling points are consolidating is frequently thought to be a horizontal channel. Filecoin’s (FIL) recorded price at the time of analysis was $8.58. The price of FIL could approach the resistance levels of $9.659 and $31.743 if the pattern holds. In the event that the trend turns over, FIL might cost between $5.380 and $2.939.
Why Raffle Coin?
Raffle Coin offers a large pool of prizes that include cryptocurrency, vehicles, trips, clothing, and many other items, making it the best choice for all Ethereum Classic and Filecoin investors. They take tremendous satisfaction in having a decentralized network and doing away with KYC verification. With 10% set aside for staking and 60% of the tokens released during the presale, the coin boasts incredible tokenomics. With just $10,000 down, you may join the VIP club and receive a host of benefits. The completion of the audit, the two-year lock on team tokens, and the permanent security of liquidity are all positive developments. Even if Raffle Coin doesn’t go on to become a well-known cryptocurrency, it still has a lot of potential.
Check out the official website of Raffle Coin to find out more here.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.