The recent dip in the crypto market resulted in chaos as the top altcoin Ethereum (ETH) crashed below multi-month lows, causing investors to scamper for safety. Meanwhile, analysts speculate there could still be light at the end of this bearish tunnel for Ethereum (ETH) amidst the severe downtrend. Ethereum Eyes Potential Bullish Divergence Ethereum (ETH), alongside other top assets in the crypto market, suffered a crushing dip as the top altcoin spiraled below the $1,500 mark. However, according to a blockchain analytics firm, CryptoQuant analysis , Ethereum (ETH) could be eyeing a bullish divergence. The firm based this bullish thesis on data on several on-chain metrics, including the Network Taker Volume (NTV) metric. According to CryptoQuant Ethereum’s (ETH) NTV metric, sellers are beginning to lose momentum, suggesting a potential bullish shift. Meanwhile, the dip, which was pinned on the ongoing trade wars between the United States and its trade partners, has wiped out over $1.2 trillion in the global crypto market capitalization. However, the crypto market wasn’t the only victim, as it also wreaked havoc on the stock market. According to asset tracker CoinGecko , Ethereum (ETH) currently trades around the $1,498 mark and ranks second in the crypto market. WallitIQ (WLTQ) Serves Haven Amidst Massive Dip As the crypto market struggles to maintain balance, WallitIQ (WLTQ) is serving as a haven for investors who were wiped out during the crash to recover their losses. These investors have the opportunity to purchase the platform’s native token, WLTQ, at a pocket-friendly price of $0.0420 per coin. According to analysts, investors who buy this token now position themselves for a 100x yield as WLTQ is expected to surge past the $3 mark soon. However, WLTQ also draws value from its intrinsic utility on the WallitIQ (WLTQ) ecosystem, which serves the purpose of governance. Users who hold the altcoin can stake it for profit on the platform’s pool, receiving 180% APR as a reward. Meanwhile, WallitIQ (WLTQ) offers investors an AI-powered crypto wallet tailored to each user’s needs. Unlike traditional wallets, WallitIQ (WLTQ) is non-custodial. Thus, investors can carry out permissionless transactions without needing the approval of a third party. The wallet also features a predictive analytics tool for both long-term and short-term traders. Driven by AI technology, the predictive analytics tool will use historical price data and real-time market data to speculate on the next trajectory of a specific asset, giving investors insight into the best way to proceed on a trade. In addition, WallitIQ (WLTQ) introduces AI Einstein . This advanced security feature acts as a vigilante to protect individuals’ assets and guarantee that every connection from the wallet to external sources is secure. The platform also features an AI-powered multilingual chatbot, which offers investors 24/7 support on how to use the wallet and what to do when encountering issues involving executing a transaction. Interestingly, the platform has released an MVP version of its crypto wallet management mobile app, which allows users to manage multiple wallet accounts from a single point. The mobile app also features added functionalities like live market tracking with CoinGecko API and simulated crypto trading for newbies. Further, WallitIQ (WLTQ) has launched the beta version of its platform, enabling both new and existing users to use its AI-powered crypto wallet for trading and benefit from all its other groundbreaking features. Final Thoughts While analysts speculate a bullish comeback for Ethereum (ETH), investors are more interested in WallitIQ (WLTQ) as its presale presents opportunities to recover lost gains . Furthermore, the platform’s smart contract has been audited by world-renowned blockchain security firm SolidProof , making it a more trustworthy investment among investors. Aside from that, WallitIQ (WLTQ) has been listed on CoinMarketCap , showing that it’s only a matter of time before its value explodes. Join the WallitIQ (WLTQ) presale and community: Website: https://wallitiq.io/ Whitepaper: https://wallitiq.gitbook.io/wallitiq Telegram: https://t.me/wallitiqofficial Twitter/X: https://x.com/wiqnetwork Instagram: https://www.instagram.com/wallitiqnetwork The post Has Ethereum’s Downtrend Reach Rock Bottom? Here’s What One Crucial Metric Reveals About The Next Move appeared first on TheCoinrise.com .
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