image 232In the ever-evolving landscape of the cryptocurrency market, TMS Network (TMSN) has emerged as a clear winner, outpacing its competitors, Litecoin (LTC) and Stacks (STX).
In this article, we will explore TMS Network’s (TMSN) market expansion and how it has become the leader in the battle for crypto supremacy.
Litecoin (LTC)
Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency and open-source software project created by Charlie Lee in 2011. Litecoin (LTC) is often referred to as the “silver to Bitcoin’s gold” and is designed to offer faster transaction confirmation times and lower fees than Bitcoin, while also using a different mining algorithm.
Litecoin (LTC) price is currently consolidating inside a bullish pennant pattern, which could result in a potential 35% upswing to $125. The bullish outlook is based on the flagpole formed between March 11 and 24, followed by a tight consolidation in the form of a pennant.
However, for the bullish thesis to hold, Litecoin (LTC) needs to break out of the pennant formation and flip the $95 hurdle into a support floor. This move will be a secondary confirmation of an upswing. Investors should keep a close eye on Litecoin (LTC) for potential breakouts as the altcoin prepares for the new week’s volatility.
If Litecoin (LTC) produces a daily candlestick close below the critical support level at $87, it will invalidate the pennant formation and its bullish thesis. A highly bullish case for Litecoin (LTC) would be if the altcoin extends beyond $125 and tags the $131 hurdle. However, it’s important to note that a failure to push past the formed setup and the $95 hurdle will signal weakness in the buyers’ camp.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform created on the Ethereum blockchain. Its aim is to revolutionize traditional trading by removing centralized intermediaries, giving traders the ability to manage their assets and conduct trades without limitations.
TMS Network (TMSN) addresses several problems with modern trading, including slow transactions, high costs, poor trading experiences, and price manipulation. TMS Network (TMSN) provides traders with access to a variety of asset classes, such as stocks, foreign exchange, cryptocurrencies, and CFDs, with advanced security measures in place to safeguard assets and transactions.
One of TMS Network (TMSN)’s most notable advantages is its cutting-edge security features. The platform employs encryption, multi-sig wallets, and regular security audits to ensure the security of traders’ assets and transactions.
Traders on TMS Network (TMSN) have access to educational resources like video tutorials, webinars, and guides to help them develop their knowledge and skills, empowering them to make informed decisions and trade confidently, lowering the learning curve and costly mistakes that often hold traders back.
TMS Network (TMSN) has earned significant investor confidence, and the market is projected to follow suit.
Stacks (STX)
Stacks (STX) is a cryptocurrency that utilizes the Bitcoin blockchain and a unique consensus algorithm known as Proof of Transfer (PoX) to enable holders of Stacks (STX) to earn Bitcoin rewards by locking up their tokens. The Stacks (STX) project’s primary goal is to develop a decentralized internet by allowing developers to build applications and smart contracts on top of Bitcoin.
Despite Stacks (STX) recently experiencing a bearish trend and currently trading at $0.9536, which is 16% lower than its 7-day high of $1.14, Stacks (STX) has gained 54% in value. However, Stacks’ (STX) trading volume has slightly increased by 0.70% in the last 24 hours, and its technical analysis exhibits bullish signals.
If Stacks (STX) fails to surpass the resistance level of $0.96, its future price is expected to be around $0.92.
To learn more about TMS Network (TMSN), follow these links below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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