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Bitcoin Gold (BTG), a more user-friendly Bitcoin alternative, has sparked considerable interest due to its rising prices in the past day, leading investors and experts to speculate on its market potential.
The key query is the extent to which BTG’s rallies can propel its growth.
This Golden Cryptocurrency Jumps Massively in 24 Hours
As of 5:21am EST, July 31, BTG is trading at $16, representing an increase of over 25% in the last 24 hours.
Its trading volume has surged more than 22 0000% to $288 million in the last 24 hours, highlighting the heightened interest in the asset.
BTG Daily Chart
The BTG/USDT pair shows strong bullish momentum, holding steady on the trendline support with attempts to break it as the BTG price surges to $19, a level tested repeatedly.
As of 5:21am EST, the coin trades above both the 200-Day and 50-Day SMA, indicating positive market momentum and potential for further rallies.
The RSI stands at 77, implying an overbought asset with intense buying pressure, possibly hinting at a price correction or short-term pullback due to buyer saturation.
Traders are advised to watch for potential reversal signs.
Moreover, the MACD is above the signal line, and its histogram bars are rising, reinforcing the ongoing uptrend in BTG’s market.
BTG Alignment with Bitcoin (BTC)
Bitcoin Gold (BTG) aligns with Bitcoin (BTC), offering a similar decentralized approach, supply cap, and cryptographic principles.
The alignment with Bitcoin can impact BTG’s price by attracting investors seeking diversification in the cryptocurrency market.
However, while the Bitcoin Gold coin BTG performs well today, YPRED is a potential token that can double your investment.
New AI Cryptocurrency, yPredict, Presale Inches Closer to Hard Cap
yPredict is a significant player in cryptocurrency trading as AI technology gains traction while contending with crypto for investors’ attention.
Recently, the project team unveiled its initial model, the predict backlink model, an AI-backed backlink estimator for SEO.
This powerful tool offers immense potential to marketing teams, and we delve into its features and project details.
yPredict Backlink Model
yPredict launched its first model on July 4 after much anticipation.
This free, time-limited backlink model aims to improve individual and business visibility on search engines.
Trained on a dataset of over 100 million links, the model provides a simplified, guesswork-free method for search engine optimization.
yPredict Platform to Revolutionize Cryptocurrency Trading with AI-powered Tools.
Built on the Ethereum Network, yPredict, powered by YPRED tokens, leverages blockchain technology to revolutionize conventional prediction markets by offering global users a more transparent, enhanced, and secure platform.
🌟🚀Unveiling yPredict (YPRED) – the ultimate AI-powered platform! 🤖📊
📈 Market sentiment analysis
📉 Chart pattern recognition
📈 Advanced technical indicators
📢 AI-driven buy/sell signalsThat's not all! 💼🔗 An AI-backed backlink estimator for SEO pros & Alt_Pump_001,… pic.twitter.com/FdGDyMWYvV
— yPredict.ai (@yPredict_ai) July 26, 2023
yPredict offers data analytics, AI-driven market forecasts, and a predictor marketplace, attracting significant investor attention due to its unique capabilities.
Its presale, aiming for a hard cap of $4 million, has already raised more than $3.2 million, keeping the token price stable at $0.1.
Post-presale, the token will appear on various crypto exchanges at $0.12.
With the presale nearing its end, Predict’s limited supply and increasing demand could potentially trigger significant value escalation.
Prospective investors can connect their digital wallets (MetaMask or Trust Wallet) to the yPredict’s site and buy the token by swapping their ETH, MATIC, or Card.
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