Investors are very enthusiastic about the Pushd presale. While the market continuously shows bearish signs, Bitcoin has plunged more than 9% in the last two weeks. Both Litecoin and Ethereum have also shown significant corrections in the market.
Pushd is gaining significant attention due to its unique combination of decentralized finance and e-commerce. People are excited about the token price of $0.144 and its potential to increase by 50 times. The presale is attracting the attention of crypto-mining investors who view Pushd as a significant player in the constantly evolving world of decentralized finance.
Litecoin Showing Signs of Recovery
The weekly price of Litecoin has increased slightly by 3.65%, fluctuating between $75.42 and $82.85. However, market analysts have identified a flag pattern on the Litecoin bearish side., indicating a potential consolidation phase in progress after the down rally.
Currently, the RSI stands at 42.83, showing strong competition between buyers and sellers. This RSI number shows a neutral force in the price action between buyers and sellers.
As Litecoin continues to navigate the market, any substantial breakout above its current consolidation pattern could indicate a good recovery. Market specialists anticipate that Litecoin surpassing this barrier might lead to a notable 10% increase in the price.
Ethereum Taking Support 20 Weeks Moving Average
After a recent correction of more than 25%, Ethereum is trying to stabilize itself by taking support at the 20-week moving average. However, it doesn’t look like good support, and analysts have expected a further fall if the $2,900 level is broken on the downside.
In the daily timeframe, the price consolidates after the 15% fall in two days. Its RSI fluctuates around the 40 level, which indicates slightly oversold behavior. MACD fluctuates below its middle line, showing that bearishness in the coin can further resume.
Pushd: Connecting E-commerce With DeFi
In old-school online shops like eBay and Amazon, sellers get hit with big fees that eat into their profits. Also, Buyers have to go through a bunch of hoops with KYC and wait forever to get their money. This can stress out sellers financially and mess up their cash flow.
Pushd, with decentralized technology, is solving the problem with no KYC requirement. You don’t have to wait ages for your cash after a sale. Also, funds are released right away after a transaction. It’s simple, fast and fair.
This smooth process puts sellers at ease and means they can receive their money without any long waits. Pushd is making online buying and selling easier and quicker using blockchain tech.
Currently, it is in the sixth stage of the presale, and tokens are priced at $0.144. Analysts have expected at least 50X gain after the launch. Investors interested in this revolutionary technology can participate in the presale.
Find out more about the Pushd presale by visiting the website here.
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