- We provide Ethereum price prediction due to recent market volatility after FTX hack dumping.
- We also looked at two other presale tokens to consider investing in, both of which have generated significant funding despite bearish conditions.
Ethereum followed Bitcoin in the 2021 bull run and returned 3,800% for investors who bought the coin before March 2020. A crash followed and Ethereum fell from $4,870 to $1,000, losing almost 80% of its value.
Ethereum found support at that price level and eventually recovered to $2,000, making some investors believe that the coin is headed for a new ATH. It did not happen, and one of the reasons for this is because FTX collapsed.
ETH fell again, falling back to $1,070 on fears over the FTX hack. Some investors now believe that lower prices are on the cards for Ethereum, while others remain optimistic.
Even if ETH recovers, it will take a lot of time to set a new ATH – which could take years, and in the meantime, investors are looking for Ethereum alternatives to make big returns.
Ethereum price prediction
After several days of downward movement, Ethereum found strong support around $1,060 and then after breaking through $1,800 and retesting that level.
It spiked slightly higher, giving the impression that it will rally again, but that ended up being a bull trap as ETH eventually tumbled back down to $1,094.
It seems that Ethereum has consolidated and it seems that it will continue until the end of the year as it has not come out of the downtrend since the big crash. The price of Ethereum is likely to be between $1,120 and $1,700 until the end of 2022.
The coin is on track to break out of the downtrend in 2023 if it continues to consolidate like it did in June. After the breakout, a spike to retest $1,800 is possible and a breach of that resistance would mean ETH heading towards $2,400 by the end of 2023.
Become, Ethereum is a good investment right now? Although a significant recovery for ETH appears to be on the horizon starting in 2023, investors should not be surprised to see another scary fall.
A quick drop to $800 is possible, there may be an axis formed before the recovery – going down to that level means retesting the level at the resistance ETH faced in 2018 and failing to break.
Altcoins to Buy Instead of ETH
Our team specializes in finding coins with great potential and the two coins we identified are D2T and TARO.
Both cryptocurrencies are in presale, where prices tend to be lower and give more room for growth, and have different use cases.
Investors have flocked to the platform as many believe that the coin will rise when it is listed on the exchange.
Dash 2 Trade (D2T) – Effective Crypto Signals and On-Chain Analytics Platform
Trade 2 Trade has developed a platform to help traders become more profitable. Various technical and fundamental features allow traders to optimize their positions to increase the chances of good trading.
After the collapse of FTX, the developer of Dash 2 Trade – which has been verified and KYC verified and is also behind the top beginner trading platform, Learn2Trade – decided to cut the presale in order to bring the protocol to the market faster than planned.
Crypto investors and traders are crying out for reliable tools and analytics that can help them avoid scam projects and invest in profitable projects with confidence, provided by Dash 2 Trade.
That means there are only about 100 million tokens and only one presale stage left before the tokens reach the exchange – CEXs LBank and BitMart have announced that the D2T token will be listed on the exchange after the presale is over.
Investors who wait for a coin to reach ICO may regret it because the best altcoins to invest in, such as D2T, usually take off after receiving a large exposure on the exchange.
To avoid FOMO and panic buying, investors should buy D2T tokens when the price is low – right now, during the third stage of the presale.
Investors can fill their bags for $0.0513 per token now with the price rising to $0.0533 in the fourth and final stage.
Visit the Dash 2 Trade Presale Now
What is Dash 2 Trading Offer?
Investors who want to simplify trading by avoiding extensive chart analysis can choose to buy and sell signals sent by Dash 2 Trade.
Finding a crypto project in its infancy is a challenge for many investors due to its risk and time-consuming nature, but investing in presales is one of the best strategies to profit during the 2022 bear market.
Dash 2 Trade offers a bespoke presale and ICO feature that alerts investors to new presales and coins added to the exchange.
The platform also carefully analyzes each project by looking at utilities, tokenomics and audits, then assigns a score out of 100 to provide guidance to investors on the project’s legitimacy.
This service helps investors identify potential projects like FTX and invest in the best projects with confidence.
On-chain analytics consists of scanners that follow popular networks and detect irregular wallet movements. It flags the activity, so investors can monitor what the smart money is doing. This information helps investors to open positions when many tokens are moved.
Determining market sentiment is important for investors and finding data efficiently is best achieved through Dash 2 Trade social indicators.
This feature provides metrics about which cryptos the online community is talking about.
This information helps traders identify sentiment and allows them to buy coins that are likely to do so due to speculation made on social media sites such as Twitter and Reddit.
Technical Tools
Investors can opt for automated trading through the Dash 2 Trade platform and an automated trader review is conducted to determine performance and identify successful strategies.
Another way investors can identify a successful strategy is to use a builder tool – coupled with a backtester, investors can test various hypotheses in an environment that mimics the real market to determine which is profitable without using their own money.
Investors can also integrate professional grade tools such as moving averages, bands and even get insight into the order book statistics on the exchange.
The risk profiler tool tracks investor behavior to identify certain trends, identify successful strategies that investors use and ideal chart setups that help them make profits.
Visit the Dash 2 Trade Presale
Dash 2 Trading Subscription
Using the platform requires investors to subscribe to the platform Three packages are available:
- Free: Serves as an introduction to features without giving access to them.
- beginning: Provides access only to certain features such as basic market insights and on-chain analytics. The starter package costs 400 D2T tokens per month.
- Premium: Investors who want to access all features such as trading competitions and whale wallet movements will choose the premium package – 1,000 D2T tokens per month.
D2T Tokenomics
Dash 2 Trade has now allocated 262.5 million of the 1 billion token supply for the presale, but 150 million have been sold in the previous presale round.
Only 5% of the tokens are available for liquidity on the exchange, so investors who do not currently buy D2T tokens can be challenged to buy them once they are registered.
The tokens that have been allocated for the presale – 437.5 million – will now be locked for five years. Presale tokens have no vesting period for investors.
This presale is selling fast and has raised over $7.5 million, which means now is the best time to secure your D2T tokens.
RobotEra (TARO) – Multi-Reward Game Rivaling Decentraland
RobotEra has developed an ecosystem that allows players to earn TARO tokens in various ways by rebuilding the Taro planet.
Players buy land with tokens and add assets, infrastructure, and activities to make it more valuable and monetized.
In the middle of this top crypto games to play it is the original TARO token. Currently in the presale at stage 1 and available for $0.02, while the last stage of the presale the value of the coin is at $0.032, a 60% increase in the value of the launch.
Investors who wait for TARO to be listed on the exchange will pay a higher price – the market has announced that GameFi coins usually take off during the ICO because investors appreciate the intrinsic value for rewarding players.
Visit the RobotEra Presale Now
Players can use in-game tools to build robot avatars to increase activities on the land or sell them as NFTs.
RobotEra also rewards players for questing, cultivating land for resources, cultivating sacred trees, operating independent continents and attending concerts.
The main feature that separates RobotEra from most real estate games is that it offers players many ways to earn tokens.
Players can connect to other worlds, enabling them to explore other ways to earn tokens such as hosting events, displaying original works in museums and inviting other communities to theme parks.
Land monetization can be done by renting out billboards to advertisers and if the land is appreciated due to additional infrastructure, players can sell it at a profit. Players who want to earn passive income can spend coins – essential for the reconstruction of the planet Taro.
TARO token staking also enables players to act as governors and choose key issues to determine the future of the ecosystem in the community’s DAO (decentralized autonomous authority).
TARO Tokenomics
Investing in projects during the presale is a good move for several reasons – asset prices are low and most of the total supply is allocated to early round fundraising.
RobotEra is offering 15% of its 1.8 billion token supply during the presale and after that only 3% of the supply will be available for exchange.