QUICK Broke Through $70 Early Today - Does It Signal a Push Higher?

QUICK Broke Through $70 Early Today – Does It Signal a Push Higher?

Updated: 05 July 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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QuickSwap broke through the milestone $70 level early today, before paring gains to trade at $63.10 at 16:50 EST. Over the past month, it’s surged more than 25%.

When looking at the daily chart, there are key levels to watch. If the price continues to rise, it might face some resistance at $74.7. However, if there are supportive buyers, they could push the price even higher, allowing QUICK to gain more.

QUICK Touches $70 Overnight - Has It Found Support For A Bigger Push Upwards? — Source: Coinmarketcap

On the other hand, with QUICK’s price falling to $63.2 this afternoon it may find support, and there’s also a risk it may fall further. However, if support holds strong, the price may continue to rise, and break above the highest point in its trading range.

If the bullish trend continues for QUICK, the price may encounter resistance at the $74.7, $83.8, and $91.7 levels. On the flip side, if the price falls below the trading range, it might find support at $63.2, $50, and $42.4.

If investors keep the price above the seven-day and fourteen-day moving averages (MA), we may see a big upward move that surpasses the usual trading range. This could potentially push the price up to $74.7 or higher. See our guide to the best low-market-cap crypto to buy here.

Keep an eye out for a breakout above the 7-day and 14-day moving averages, and be prepared to take advantage of the rise in the market. But in the current market, awareness of risks is also essential.

QUICK Overview

QuickSwap is built on Polygon (formerly Matic), Ethereum’s Layer 2 scalability solution. The fork is basically Uniswap, one of the pioneers of decentralized finance (DeFi) and Automated Market Makers (AMMs).

In contrast to Uniswap, QuickSwap uses Layer 2 technology from Polygon. The network is less congested, so transactions are faster, and fees are lower as if it’s its own magical realm, separate from Ethereum.

Using the MATIC portal, users can connect their wallets to the Polygon network and use QuickSwap. This allows them to trade and swap tokens on QuickSwap’s decentralized platform seamlessly. New users can also get user-friendly instructions and guidance from QuickSwap to help them get the most out of the platform.

By leveraging Polygon’s Layer 2 scalability, QuickSwap offers a faster and cheaper alternative to traditional decentralized exchanges. Users get a magical and seamless trading experience in a decentralized world.

Currently, it’s ranked #454 on Coinmarketcap, with a market cap of about $30 million. QUICK coins have a circulating supply of 513,997, with a maximum supply of 1,000,000.

QUICK Alternative

YPredict (YPRED) is a rising crypto player with an innovative approach that differentiates them from meme coins like DogeCoin. Meme coins rely on humor and community involvement, but yPredict uses AI.

Using advanced algorithms and machine learning, YPredict analyzes historical data, market trends, and factors influencing crypto prices. YPredict offers reliable crypto price predictions, empowering investors to make informed decisions. As you can see, yPredict has a lot of potential in crypto.

Predictive Insights and Token Investment Opportunities

Ethereum-based yPredict (YPRED) is a platform that helps traders predict market movements. By providing validated analytical metrics, data-driven insights, and a prediction marketplace, yPredict.ai gives traders and investors an edge.

The platform’s prediction marketplace offers a variety of predictive models created by skilled data scientists. The limited supply of YPRED tokens, which makes them an attractive long-term investment option, also contributes to the platform’s growth.

yPredict’s Advanced Trading Tools and Insights

The secret to yPredict’s success is leveraging advanced AI algorithms. These signals are used to create market indicators, historical data, and real-time conditions. Besides Sentiment Analysis, the platform offers over 25 Chart Pattern Recognition tools and Sentiment Analysis.

Aside from that, yPredict combines machine learning algorithms with technical analysis techniques to give users relevant market insights. These features give traders the tools they need to make informed trading decisions.

yPredict Pre-Sales: A Lucrative Opportunity with Potential Risks

Pre-sales for yPredict generated over $2.779 million and attracted global investors. Currently, yPredict’s native token is $0.09 per token, but it’s expected to increase slightly in the future. Participating in the presale is a good way to get tokens cheaper before the official launch, maximizing your returns as yPredict grows.

Pre-sale investing is also risky since there’s no guarantee yPredict will succeed. Make sure you do your research and understand the risks before investing. If the project succeeds, the returns could be significant.