- We provide an Ethereum price prediction in the wake of recent market volatility following the FTX hack dumping.
- We also look at two other presale tokens to consider investing in, both of which have raised significant funds despite the bearish conditions.
Ethereum followed Bitcoin in the 2021 bull run and provided returns of 3,800% to investors who bought the coin before March 2020. A crash followed and Ethereum tumbled from its all-time high of $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 was heading for a new ATH. That wasn’t to be, and one of the reasons was because of the FTX collapse.
ETH tumbled again, dipping back down to $1,070 as fears mounted due to the FTX hacking. Some investors now believe that further downside is on the cards for Ethereum, while others remain more hopeful.
Even if ETH recovers, it will need a significant amount of time to set a new ATH – that could take years, and in the meantime, investors are searching for Ethereum alternatives to provide massive returns.
Ethereum Price Prediction
After days of downward movement, Ethereum found strong support at around $1,060 and then after breaking through $1,800 and it retested that level.
It spiked slightly higher, giving the perception that it would rally again, but that ended up being a bull trap as ETH eventually tumbled back down to $1,094.
It’s evident that Ethereum is consolidating and seems likely to do so until the end of the year because it has yet to break out of its downtrend since its massive crash. The Ethereum price is likely to range between $1,120 and $1,700 until the end of 2022.
The coin is on a path to break out of its downtrend in 2023 if it keeps consolidating as it has since June. After the breakout, a spike up to retest $1,800 is likely and breaking through that resistance will mean ETH heading up to $2,400 by the end of 2023.
So, is Ethereum a good investment right now? Although a significant recovery for ETH seems to be on the horizon from 2023, investors shouldn’t be surprised to experience another scary fall.
A quick dip to $800 could happen, possibly a wick forming before the recovery – dropping down to that level would mean retesting the level at the resistance ETH faced in 2018 and failed to break.
Altcoins to Buy Instead of ETH
Our team specializes in finding coins that have tremendous potential and the two coins it identified were D2T and TARO.
Both of the cryptocurrencies are on presale, where prices tend to be lower and offer more room for growth, and have various use cases.
Investors have flocked to these platforms because many believe that the coins will surge when listed on exchanges.
Dash 2 Trade (D2T) – Effective Crypto Signals and On-Chain Analytics Platform
Dash 2 Trade has developed a platform to assist traders in becoming more profitable. Its various technical and fundamental features enable traders to optimize their positions to increase the chances of having favorable trades.
In the wake of the FTX collapse the Dash 2 Trade developers – who are doxxed and KYC-verified and also behind highly-rated beginners’ trading platform Learn2Trade – decided to cut the presale short to bring their protocol to market sooner than first 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, both of which Dash 2 Trade provides.
It means that there are only around 100 million tokens and just one more stage of the presale remaining before the token reaches exchanges – CEXs LBank and BitMart have already announced that D2T tokens will be listed on their exchanges after the presale ends.
Investors who wait for the coin to reach its ICO may regret it because the best altcoins to invest in, such as D2T, usually take off after receiving vast exposure on exchanges.
To avoid FOMO and panic buying, investors should buy D2T tokens while they’re priced low – that’s now, during the third stage of its presale.
Investors can fill up their bags for $0.0513 per token now with the price increasing to $0.0533 in the fourth and final stage.
Visit Dash 2 Trade Presale Now
What Does Dash 2 Trade Offer?
Investors who want to simplify trading by avoiding extensive chart analysis can opt for buy and sell signals that Dash 2 Trade sends.
Finding crypto projects in their infancy is challenging for many investors because of the inherent risk and time-consuming nature, but investing in presales has been one of the top strategies to make profits during the 2022 bear market.
Dash 2 Trade offers a bespoke presale and ICO feature that alerts investors of new presales and coins added to exchanges.
The platform also carefully analyzes each project by looking into its utility, tokenomics and audits, then scores them out of 100 to provide a guide to investors about the project’s legitimacy.
This service helps investors identify projects that could turn out to be like FTX and invest in the best projects with full confidence.
The on-chain analytics consists of a scanner that follows popular networks and detects irregular wallet movements. It flags such activity, enabling investors to monitor what the smart money is doing. This information helps investors to open positions when a large number of tokens are moved.
Determining market sentiment is important for investors and finding that data efficiently is best achieved via Dash 2 Trade’s social indicator.
This feature provides metrics about cryptos that the community is talking about online.
This information helps traders identify sentiment and enables them to buy coins that are likely to take off because of the speculations created on social media sites such as Twitter and Reddit.
Technical Tools
Investors can opt for automated trading via Dash 2 Trade’s platform and an automatic review of the auto trader is instituted to determine its performance and identify successful strategies.
Another way investors can identify successful strategies is by using the builder tool – coupled with the backtester, investors can test various hypotheses in an environment emulating real markets to determine profitable ones without using their own money.
Investors can also incorporate professional-grade tools such as moving averages, bands and even gain insight into orderbook statistics on exchanges.
The risk profiler tool tracks an investor’s behavior to determine certain trends, identifying successful strategies that the investor used and the ideal chart setup that assisted in profitability.
Visit Dash 2 Trade Presale
Dash 2 Trade Subscription
Using the platform requires investors to subscribe to the platform Three packages are available:
- Free: Serves as an introduction to the features without providing access to them.
- Starter: Provides access only to certain features such as basic market insights and on-chain analytics. The starter package costs 400 D2T tokens monthly.
- Premium: Investors wanting access to all the features such as trading competitions and whale wallet movement will opt for the premium package — 1,000 D2T tokens monthly.
D2T Tokenomics
Dash 2 Trade has now allocated 262.5 million of its 1 billion token supply to its presale, but 150 million of those have already been sold in earlier presale rounds.
Only 5% of the tokens are available for liquidity on exchanges, so investors who don’t buy D2T tokens now may be challenged to buy them once listed.
The tokens that had been allocated for presale – 437.5 million – will now be locked for five years. Presale tokens have no vesting period for investors.
This presale is selling out fast and has raised more than $7.5 million, meaning now is the best time to secure D2T tokens.
Buy D2T Tokens Now
RobotEra (TARO) – Multi-Reward Game Rivaling Decentraland
RobotEra has developed an ecosystem enabling 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.
At the center of this top crypto game to play is the native token TARO. It’s currently on presale in stage 1 and available for $0.02, while the final stage of the presale values the coin at $0.032, a 60% increase in value from launch.
Investors who wait for TARO to be listed on exchanges are likely to pay higher prices – the market has revealed that GameFi coins usually take off during ICOs because investors value their intrinsic value for rewarding players.
Visit RobotEra Presale Now
Players can use in-game tools to build robot avatars to add activities on their land or sell them as NFTs.
RobotEra also rewards players for going on quests, mining the land for resources, cultivating sacred trees, operating independent continents and participating in concerts.
The key feature that separates RobotEra from most real estate games is that it offers players numerous ways to earn tokens.
Players can connect to other worlds, enabling them to explore other avenues to earn tokens such as hosting events, displaying original works in museums and inviting other communities to the themed park.
Monetizing land can be done by renting billboard space to advertisers and once the land has appreciated because of additional infrastructure, players can sell it at a profit. Players who want to earn a passive income can stake their coins — vital to the reconstruction of the Taro planet.
Staking TARO tokens also enables players to act as governors and vote on key issues to determine the ecosystem’s future in the community DAO (decentralized autonomous authority).
TARO Tokenomics
Investing in a project during its presale is a good move for several reasons – the asset prices are low and most of the total supply is allocated to early-round fundraising.
RobotEra is offering 15% of the 1.8 billion token supply during the presale and after that only 3% of the supply will be available to exchanges.
Visit RobotEra Presale Now