Over the last few months, generative artificial intelligence (AI) has gotten better at providing solutions for more-important and higher-value-added tasks like programming and market analysis. Cryptocurrency traders are now constantly querying AI chatbots to get insight and market predictions.
In this article, we will put the generative AI chatbot from Google, Bard, to the test to see what it thinks Solana’s (SOL) next course of action would be. Meanwhile, we will also consider traditional predictions from crypto market analysts for Solana and Tradecurve.
What Would Google Bard Think Solana’s Next Move Be?
We asked Google Bard “What would be Solana’s (SOL) next move?” and the generative AI chatbot responded by giving different possibilities for the altcoin. Firstly, Bard predicted that the price of SOL could continue its consolidation around the $15 and $25 price levels. According to Google Bard, if this happens, Solana could build enough momentum to make a move higher.
Bard also lists the possibility of the price of Solana (SOL) breaking out to the upside in the short term, and rallying to $30 or even $40. If this happens, this would mark a bullish signal for Solana, and it would mean that the altcoin is ready to continue its uptrend price movement.
The last possibility is bearish, with Solana (SOL) dropping from its current price of $15.63 to retest the $10 support level. While this is possible, it is the most unlikely of the situations. The general predictions from crypto market experts match the first possibility outlined by Google Bard, and it appears to be already playing out for Solana (SOL).
As the crypto market awaits the next bullish move, one new altcoin has caught the attention of many experts who can’t stop buzzing about it.
The altcoin, Tradecurve, has been hyped by experts because it is the first blockchain platform to seamlessly bridge the global derivatives market with cryptocurrency. According to the June 2022 report from the Bank for International Settlement, the over-the-counter derivatives market is worth over $632 trillion.
Experts are hyped at the potential of the OTC derivatives market being connected to cryptocurrencies, stating that Tradecurve could easily be the best-performing digital asset over the next year. According to experts, the volume could make Tradecurve one of the most liquid altcoins and spark a major bull run for its utility token, TCRV. At this time, TCRV retails at $0.018 in the fourth presale stage, but experts have predicted that the token could hit a value of $1.50 before the end of 2023.
Cryptocurrency traders are also particularly interested in Tradecurve as the platform will offer them the opportunity to trade derivative instruments including options, stocks, forex, and commodities from a single account.
Currently, no cryptocurrency platform offers access to this vast number of financial instruments, piquing the interest of traders in Tradecurve. This could see Tradecurve become one of the three biggest crypto exchanges and back the bullish prediction for the platform.