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The price of Ethereum (ETH) has demonstrated a strong positive trend recently. It has seen a gradual rise in value from $3,757 to $4,296 in just one month, a 17% increase, demonstrating good market demand and bullish support. Still, even though ETH performs well, there is another lesser-known cryptocurrency, less than $0.01 Ozak AI ($OZ), that can drive even more profits to people who are seeking low-entry cryptocurrencies.
Ethereum is currently testing a key resistance area around $4,200. If ETH breaks this barrier, there could be a surge to $4,500 or even beyond. The 24-hour trading volume of $47.52 billion clearly indicates large participation in the market, with the number of trades falling to -3.65% in the recent session. Nevertheless, the sentiment in the general market remains bullish, with ETH holding the top position as the second-largest cryptocurrency in terms of market capitalization.
ETH has been displaying a trend of higher lows, which is usually characteristic of a further bullish run. But the question is whether ETH will be able to break the current area of resistance at the levels of $4,300 and above. A breakout above these levels may drive the price to new highs. The price action will be closely monitored, and any failure to breach resistance will lead traders to a consolidation or even a retracement.
Even though Ethereum is garnering headlines for its recent statistics, there is another cryptocurrency that may surpass Ethereum in its potential returns called Ozak AI ($OZ). Particularly at its current price of $0.01 in phase 5 of its presale, $OZ has a potentially high upside and is an excellent entry-level coin. At the next stage, the presale price will be increased to $0.012, and the final target price is to be at the level of $1.00, or 200x higher, compared to the current price.
Furthermore, Ozak AI is developing a market intelligence platform that leverages AI using blockchain. This platform provides timely market data and actionable information to crypto traders and investors. By using decentralized data integrity, Ozak AI ensures that all market signals are reliable and tamper-proof, establishing a trusted source of decision-making. Additionally, the platform uses smart contracts to automate trading and reduce the time between analysis and response.
The blockchain technology developed by Ozak AI is highly secure and efficient. With its decentralized ledger, market data and signals will be transparent and immutable, and users will be able to check whether predictions hold up and monitor their performance throughout history. The platform's active use of tokenization, utilizing its own $OZ token, also augments its ecosystem, as users are incentivized to share insights and stake tokens to access high-level AI features. This incorporation of blockchain offers transparency, data integrity and a smooth experience to all users.
The presale of Ozak AI has already raised over $2.23 million, and it has sold more than 3 million tokens in Phase 5 of its presale. Having such an active investor community is indicated by the high level of rapid growth, particularly since the token price will increase twofold once the presale is in a further stage. Strategic partnerships of Ozak AI are also part of such a strategic development; specifically, it will collaborate with Weblume and SINT, integrating its real-time market signals with Web3 applications, making its ecosystem more valuable and appealing.
The target price of Ozak AI at $1.00 implies active growth expectations. ETH can gain in the short run, but Ozak AI, with its low entry price and high growth potential is a good investment that can help an investor get more returns in the long run. With the presale still ongoing and the platform developing its user base, Ozak AI may be a powerful force in the blockchain and AI market.
For more information about Ozak AI, visit the links below:
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
