Bitcoin SV (BSV) price surges 12% and AI crypto signals platform yPredict reaches $3.25m.

Bitcoin SV (BSV) price surges 12% and AI crypto signals platform yPredict reaches $3.25m.

The Blockchain Industry: A Revolution in Crypto Trading

Source / Sam Cooling x Xusenru

The blockchain industry has been experiencing an impressive bounce in recent times, especially with Bitcoin SV (BSV) making significant strides. Bitcoin SV, a hard fork of Bitcoin, has faced a tough month of price action but is now showing signs of potential recovery.

Bitcoin SV: A Return to Recovery Rally?

Double-bottomed support following two weeks of consolidation have left BSV trading high at $37.64 (a 24-hour change of -6.5%). This minor pullback comes after a dramatic +15% climb over the past 48 hours, as BSV found strong support from the convergence of the 20-day moving average (20DMA) and 200-day moving average (200DMA).

BSV had previously experienced a high-growth recovery in June, pushing its price up by +138%. This rally followed two years of turbulence for the Bitcoin fork project. With price action back on the rise, indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) signal potential bullish momentum.

The RSI has shown remarkable moderation, failing to overheat to a significant degree on the recent price move, indicating minor bearish divergence. On the other hand, the MACD is showing a positive value, further supporting the case for a recovery rally.

Upside potential for BSV could see a retest of resistance at $56 (+50%), while lower support rests at $26 (-28%). Technical indicators are pointing towards a potential rally, with an appealing risk-to-reward profile of 1.8. Traders who spotted the uptick in BSV would have already gained around +15% returns since Sunday.

Amidst this exciting rally, there has been a surge of interest in AI trading platforms. One such project gaining attention is yPredict.

Source / yPredict

yPredict: Revolutionizing Crypto Trading with AI

Tired of missing out on sensational pumps? Want to trade with the acuity of a venture capitalist? Look no further than yPredict ($YPRED). This innovative, AI-powered crypto signal firm has raised over $3.17 million in its ongoing presale and is setting the stage for a revolutionary trading platform.

The yPredict platform equips retail traders with valuable insights, enabling them to navigate the complex world of cryptocurrency effectively. By leveraging advanced AI technology and predictive models, yPredict analyzes vast amounts of data to provide detailed market trend analysis.

But yPredict doesn’t just stop at predictions. It offers a marketplace where industry experts can monetize their knowledge by providing model predictions or data research as trading signals. This not only maximizes profits but also significantly reduces risk for users.

By holding $YPRED tokens, traders gain access to the yPredict analytics platform, generating passive income through staking tokens and earning a proportion of subscription fees paid by users. This incentivizes long-term investment and reduces sell pressure in the market.

Beyond predictions, yPredict offers a data-driven analytics platform that bridges the gap between AI/ML developers and cryptocurrency traders. Data scientists can monetize their predictive models and signals through a subscription service, eliminating the need for personal trading engagement.

The yPredict ecosystem also includes a comprehensive trading terminal that is user-friendly and intuitive, offering various order types. The $YPRED token acts as the lifeblood of the platform, providing holders with complimentary access to the analytics platform and the ability to pay for subscriptions on the prediction marketplace.

Under the leadership of Raj Sharma, founder of Renske Technologies Inc., the dedicated team at yPredict is committed to creating a platform that truly empowers traders. This revolutionary approach to crypto trading is redefining the landscape through AI-powered analysis and accurate real-time forecasts.

Don’t miss out on the opportunity to be part of this transformative movement in crypto trading. Join the ongoing $YPRED presale and prepare for a potentially skyrocketing crypto journey!

Buy $YPRED Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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