Markets are facing uncertainty, with Bitcoin (BTC) entering a 10th day of retracement consolidation after sustained pressure at $31,100 finally broke to the downside.
Currently trading at $27,645 (representing a 24 hour change of +0.19%), Bitcoin is facing an important test of support at the ironclad $27,500 price level.
Recent price action has seen Bitcoin sink below vital support from the 20 Day MA, which suggests the retracement could push deeper to test the lower supporting trend.
Despite the perilous technical structure, Bitcoin’s RSI has cooled down to oversold for a number of days – currently standing at 44 – this could indicate capacity growing for another uptick.
The MACD is far more bearish, at a shocking -407 as price action falls away from the 20 Day MA.
With a continuation of attempting consolidation here almost certainly on the cards barring a change in fundamentals, Bitcoin’s upside potential sits at $29,000 (+5.23%) which would see BTC reclaim posture above the 20 Day MA.
On the downside, Bitcoin risks falling further with $24,500 (-11.10%) forming a possible lower support level.
This leaves Bitcoin (BTC) with a Risk: Reward ratio of 0.47, a bad long entry characterised by almost double the risk to reward.
With Bitcoin markets in such perilous position, many are seeking to rotate recently secured gains into promising early-stage projects with immense growth potential in 2023.
One of the most promising presales of April 2023, making waves in insider circles, is DeeLance ($DLANCE) – a decentralised gig economy ecosystem ready for Web3.
Introducing: DeeLance (DLANCE)
Prepare to be amazed as DeeLance (DLANCE) ingeniously blends the metaverse with non-fungible tokens (NFTs) to create a ground-breaking platform that revolutionizes the way businesses and freelancers connect and collaborate.
Act fast! You have just 20 days and 7 hours left to seize this incredible opportunity to invest in DeeLance at the token price of $0.029 USDT before it escalates to $0.033 USDT.
So far, DeeLance has successfully raised $447,000 towards its ambitious $600,000 goal, with the current value of a single DLANCE token at $0.029.
Once listed on centralized exchanges (CEX), the token price is projected to soar to $0.053 USDT, offering an astounding 112% return for early investors.
A New Era of Remote Work: DeeLance’s Competitive Advantage Over Fiverr & Upwork
During an enthralling Binance Live AMA, the DeeLance team revealed exciting details about their trailblazing project.
DeeLance goes beyond traditional recruitment services by leveraging NFTs to ensure ownership of customized work packages while offering a versatile and immersive platform that outshines conventional hiring practices.
Unlike other metaverse projects focused on virtual reality and 3D spaces, DeeLance emphasizes desktop-based interaction for superior accessibility and user experience.
Within the DeeLance metaverse, users can create virtual offices, display their services, and grow thriving businesses – all powered by the DLANCE token.
The DLANCE token opens up a world of possibilities, from purchasing metaverse land and advertising space to hiring virtual agents and scheduling meetings.
The DeeLance NFT marketplace enables trading of both digital and non-digital items, such as real estate or artwork, in the form of NFTs.
By fusing the metaverse and NFT technology, DeeLance cultivates a captivating and productive ecosystem that nurtures solid business relationships and fosters trust among participants.
Invest in a Game-Changing Altcoin: Tap Into DeeLance’s Limitless Potential
The market potential for DeeLance is enormous, with the metaverse’s market segments predicted to reach a staggering $335 billion by 2027 – a 759% increase from its $39 billion valuation in 2022.
Combined with the recruitment services industry’s massive $761 billion global revenue, DeeLance is perfectly positioned to capture a significant share of this rapidly expanding market.
DLANCE tokens operate on the Ethereum blockchain, the leading protocol for business and commerce applications.
The exclusive presale price of $0.029 is available for a limited time before increasing to $0.033.
Investors can acquire DLANCE tokens using Ethereum (ETH), Tether (USDT), or through the Transak payment network with a card.
Crypto analysts predict that DeeLance will be among the upcoming projects to witness remarkable price appreciation for its access token.
Empowered by Web3 technology, DeeLance is poised to lead a business revolution that everyone can be a part of.
Don’t miss this unique opportunity to invest in the future of recruitment and the metaverse.
Join the DLANCE presale now and be part of the revolution that will forever redefine how businesses and freelancers interact and collaborate.
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