Top altcoins have recorded double-digit losses over the past week. Meanwhile, a renowned expert believes Bitcoin (BTC) could join the bloodbath and plunge to $51,000 if it breaches a crucial support level. On the other hand, Rebel Satoshi’s $RECQ token has emerged as the go-to crypto after jumping 85% thus far during its public presale.
Will Bitcoin hold its supply level, and will $RECQ continue pumping? Read on to discover!
Renowned crypto analyst Ali Martinez recently made a notable Bitcoin (BTC) prediction as the leading crypto nears its halving event. Per Martinez, BTC has been consolidating in a parallel channel. Specifically, the polished analyst pointed out that BTC’s critical support level is $61,000, while $72,000 is the most important resistance level.
According to Martinez, BTC might plunge sharply to trade around $56,200 or even $51,600 if it falls below the $61,000 support level. In contrast, Martinez believes BTC might soar as high as $79,000 and $86,000 if it surpasses the $72,000 resistance level.
As of April 19, BTC had stabilized at around $63,444, and its halving was approximately a day away. Per CryptoQuant, BTC has historically performed poorly before halvening, with significant gains coming soon afterward. This insight makes BTC a good crypto to buy now!
Rebel Satoshi, an emerging meme coin project that draws inspiration from Satoshi Nakamoto and Guy Fawkes, has become a sensation in the crypto industry due to its mission to challenge centralization. Moreover, Rebel Satoshi has gained favor among investors due to its dual-token ecosystem.
Specifically, Rebel Satoshi aims to build an ecosystem with an arcade, an NFT marketplace, and a stake-to-earn program. Investors will have to purchase Rebel Satoshi tokens, namely $RBLZ and $RECQ, to unlock the above features. $RBLZ doubles as Rebel Satoshi’s membership and long-term investment token, while $RECQ is the utility token.
By April, investors could purchase $RBLZ from Coinstore, CoinGecko, Uniswap, and DEXTools. Notably, $RBLZ surged 150% during its presale, which ended on February 29. On the other hand, $RECQ was carrying on with Stage 1 of its public presale as of April. $RECQ’s price during this round was $0.0037.
By climbing to $0.0037, $RECQ has rewarded Early Bird Round investors that bought it at $0.0020 with an 85% ROI, which will increase to 525% when $RECQ hits its launch price of $0.0125. In comparison, Stage 1 investors will get a 237.84% ROI when $RECQ reaches $0.0125. This colossal ROI makes $RECQ the best crypto to invest in now!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram
Best Cryptos to Invest in This Month: Qubetics Presale Revels in..
Cardano Whales Target An Undervalued Altcoin Poised To Outperform The Market..
Ukraine is taking a bold step towards becoming a crypto-friendly nation..
Stay ahead in crypto with AltcoinDaily.co! Get the latest news, expert analysis, and blockchain insights. Your trusted source for all things cryptocurrency. 🚀💰
Join Now