ZetaChain

Solana

Bitcoin

Minedrop

Million

<p><span style="font-weight: 400;">The ZetaChain price has plunged by 16% in the last 24 hours to trade at </span><a href="https://coinmarketcap.com/currencies/zetachain/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">$1.22</span></a><span style="font-weight: 400;"> as of 8:30 a.m. EST.</span></p>
<p><span style="font-weight: 400;">This steep correction comes after the token surged 121% in the past seven days.</span></p>
<h2 id="span-style-font-weight-400-zetachain-price-prediction-will-zetachain-recover-span"><span style="font-weight: 400;">ZetaChain Price Prediction: Will ZetaChain Recover?</span></h2>
<p><span style="font-weight: 400;">Analyzing 1-hour ZETA/USDT charts, we see a downtrend as indicated by the red candlesticks and the SuperTrend indicator, which is in the bearish zone, with its line above the price action. This demonstrates selling pressure showing a bearish short term on the ZetaChain price.</span></p>
<p><span style="font-weight: 400;">Additionally, the Average Directional Index (ADX) is at 40.70, which indicates a strong downward trend. On the other hand, the Klinger Oscillator values are negative, with the reading at about -47.904K, suggesting bearish momentum. The Klinger Oscillator is used to predict the direction of the trend. A negative value often indicates downward momentum.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-478549" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963.png" alt="" width="2536" height="1196" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963.png 2536w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-300x141.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-1024x483.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-768x362.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-83x40.png 83w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-1536x724.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1707229595963-2048x966.png 2048w" sizes="(max-width: 2536px) 100vw, 2536px"></p>
<p style="text-align: center;">1-hour ZETA/USDT chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol=CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p>
<h2 id="span-style-font-weight-400-zetachain-price-prediction-what-are-the-chances-of-a-bullish-reversal-span"><span style="font-weight: 400;">ZetaChain Price Prediction: What are the Chances of a Bullish Reversal?</span></h2>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is around 31.96, which is near the oversold threshold of 30. This could suggest that the asset might be undervalued or that a potential trend reversal could occur if the RSI starts to move upwards.</span></p>
<p><span style="font-weight: 400;">Looking long-term, Zetachain’s remarkable rise in TVL over the last few days to $642K could also see the token re-enter a bull run as it shows increasing investor confidence.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-478550" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310.png" alt="" width="2124" height="894" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310.png 2124w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310-300x126.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310-1024x431.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310-768x323.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310-1536x647.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-172310-2048x862.png 2048w" sizes="(max-width: 2124px) 100vw, 2124px"></p>
<p style="text-align: center;">ZetaChain TVL Stats Snap | Source: <a href="https://defillama.com/chain/ZetaChain" rel="noopener noreferrer nofollow">DefiLlama</a></p>
<p><span style="font-weight: 400;">Meanwhile, as the ZetaChain price plunges, a Solana outage was the talk of the day.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Solana Mainnet-Beta is currently experiencing performance degradation as mentioned by <a href="https://twitter.com/laine_sa_?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@laine_sa_</a>.</p>
 <p>Validators and core engineers are investigating the situation; we're keeping a close eye to keep you updated. <a href="https://t.co/VSzOAAvIXV" rel="noopener noreferrer nofollow">https://t.co/VSzOAAvIXV</a></p>
 <p>— SolanaFM (@solanafm) <a href="https://twitter.com/solanafm/status/1754812392276664485?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">With the Solana network down, many projects were affected and several exchanges paused transactions involving Solana. Such an event underscores the need to invest in tokens that run on robust blockchains, with Ethereum-based projects like </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Minetrix</span></a><span style="font-weight: 400;"> serving as an example. </span></p>
<p><span style="font-weight: 400;">Bitcoin Minetrix is witnessing an increasing number of investors entering the BTCMTX token presale as it surpasses $10.3 million in funding, and t</span><span style="font-weight: 400;">he Ethereum blockchain boasts 9 years without any downtime.&nbsp;&nbsp;</span></p>
<p><span style="font-weight: 400;">It could also be that investors worried about the latest Solana outage start redirecting their investments to Ethereum-hosted applications</span></p>
<h2 id="a-promising-alternative-to-zeta">A Promising Alternative To ZETA?</h2>
<p><span style="font-weight: 400;">Bitcoin Minetrix is a brand-new cloud mining startup that analysts rank among </span><a href="https://www.linkedin.com/pulse/5-top-crypto-presales-2024-unveiling-most-anticipated-calsona-gxcce/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">2024’s top crypto projects</span></a><span style="font-weight: 400;">. Thanks to Bitcoin Minetrix’s cloud mining and staking integration, expensive mining gear is no longer necessary, and everyone can afford to mine Bitcoin.</span></p>
<p><span style="font-weight: 400;">Users can control every facet of their cloud mining using Bitcoin Minetrix’s stake-to-mine function. Without the risk of fraud associated with third-party cloud mining services, you may use the cloud mining credits you earn by staking your BTCMTX tokens to participate in decentralized Bitcoin mining.</span></p>
<p><span style="font-weight: 400;">Staking BTCMTX is an additional passive method to earn platform tokens with the current annual return standing at 65%. A total of over 642 million tokens have been staked.</span></p>
<p><span style="font-weight: 400;">By taking part in its Minedrop contest, you may earn BTCMTX tokens in another method. The entire prize pool for this event is $30,000 with ten winners each getting $3,000.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🎉 <a href="https://twitter.com/hashtag/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BitcoinMinetrix</a> $30,000 Minedrop Is Now Live! 🎉</p>
 <p>Get ready for your chance to win a share of $30,000 in <a href="https://twitter.com/search?q=%24BTCMTX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTCMTX</a>!</p>
 <p>Follow the steps in the link below for the chance to win one of ten $3,000 <a href="https://twitter.com/search?q=%24BTCMTX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTCMTX</a> Prizes! 💰<br>➡️ <a href="https://t.co/v1UKskxi4Y" rel="noopener noreferrer nofollow">https://t.co/v1UKskxi4Y</a> <a href="https://t.co/nseOBTNO9N" rel="noopener noreferrer nofollow">pic.twitter.com/nseOBTNO9N</a></p>
 <p>— Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1709944350275473795?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 5, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">With the ZetaChain price now facing a correction, investors who missed the entry still have a chance to earn massive capital gains and lucrative rewards from the Bitcoin Minetrix presale.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, an influential cryptocurrency expert with over 27,000 YouTube followers, has given his stamp of approval to </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Minetrix</span></a><span style="font-weight: 400;">, predicting that it has the potential to 10x on launch.</span></p>
<p><iframe title="Bitcoin Minetrix ICO Hits $10M - Next 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/Q3LtZHfZN_w?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">So far, the BTCMTX presale has raised $10.3 million as it closes on its goal of $11.2 million. </span><span style="font-weight: 400;">BTCMTX tokens are currently priced at $0.0133 but the price will increase in less than four days. .</span></p>
<p><span style="font-weight: 400;">So, move quickly if you are interested to invest at the lowest possible price. BTCMTX tokens may be bought using USDT, ETH, or a credit card.&nbsp;</span></p>
<p><span style="font-weight: 400;">Visit the official website </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">here</span></a><span style="font-weight: 400;">.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/bitcoin-price-prediction-btcs-january-volume-surged-to-highest-in-17-months-as-innovative-cloud-mining-presale-bitcoin-minetrix-races-towards-11-million" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Price Prediction: BTC’s January Volume Surged To Highest In 17 Months As Innovative Cloud Mining Presale Bitcoin Minetrix Races Towards $11 Million</span></a></li>
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ZetaChain Price Prediction: ZETA Plunges 16% As Analysts Say This Bitcoin Cloud Mining Project Might 10X

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