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The cryptocurrency market is recovering at a fast pace, with new altcoins taking center stage, pushing Cardano (ADA) into ‘struggling mode.’ Tron (TRX) and Aave (AAVE) are among the biggest breakouts following a rise in bullish markets. That said, DTX Exchange has moved the altcoin giants with its high-leverage opportunities and booming presale rally, raising millions.
Cardano (ADA) Bounces Back: Crosses Key Resistance Levels
Despite its strong performance in the crypto market, recent developments suggest that Cardano (ADA) may be losing its grip on this position to newer, advanced rivals. The price of Cardano (ADA) just recently jumped by 3%, breaking certain resistance points while away from a prolonged bearish trend.
As of August 20, Cardano (ADA) is trading at $0.34, following the general rising trend in the cryptocurrency market. This rally was driven by several positive factors, including Binance Pay and Cardano (ADA) integration, enabling global-based merchants to pay using Cardano (ADA) with no transaction charges or delays.
Aave (AAVE) Soars Ahead: Eyes The $200 Mark
Leading decentralized finance (DeFi) protocol Aave (AAVE) is surging ahead of its challengers, including Cardano (ADA). Recently, on the daily chart, Aave (AAVE) broke out from a symmetrical triangle that signals a further continuation of the bullish trend ahead. Within just one day, this breakout has pushed the price up by 11.90%.
Currently, Aave (AAVE) is trading at $126.10. This outstanding performance confirms that Aave (AAVE) understands how to capitalize on market trends and move upwards. Positive predictions about Aave’s future include an anticipated rally towards a key resistance zone between $138 and $150.
Tron (TRX) Climbs Ranks With Strong Market Performance
Tron (TRX) is another altcoin that has hit headlines for its impressive market performance. Tron (TRX) has suddenly climbed off after it surpassed Cardano (ADA) and other major cryptocurrencies. With a market capitalization of $12.49 billion, Tron (TRX) has made itself into the top ten most valuable altcoins in terms of price, sitting at number 10.
Bullish signs suggest a positive sentiment towards Tron (TRX), with a four-hour chart showing that the Tron (TRX) trade above the 100-day SMA suggests an uptrend. For instance, the hourly chart shows a bullish trend line with support at $0.143, pointing to a strong uptrend. If this trend holds, Tron (TRX) could aim for $0.148 and potentially $0.152.
DTX Exchange (DTX) Presale Jackpot Hits $1.46 Million
DTX Exchange has entered the market with a mind-blowing presale that has outshined established rivals like Cardano (ADA) and emerging coins such as Aave (AAVE) and Tron (TRX). The biggest advantage of using DTX Exchange is the 1,000x leverage that enables users to take greater positions without needing large amounts of funds upfront.
Additionally, DTX Exchange also uses distributed liquidity pools to increase liquidity and minimize slippage. This means that the trading environment becomes more efficient. This complements the non-custodial wallet, a key feature of the platform, which ensures traders have complete ownership and control over their keys and digital assets.
DTX Exchange’s Massive Presale Rally Leads Cardano (ADA)
Among the many numerous benefits offered by DTX Exchange include reduced trading fees for token holders, voting rights in governance decisions, and more. DTX token owners could potentially receive free tokens later on, encouraging long-term commitment to this project by those holding these coins currently.
The ongoing presale of DTX is currently over $1.46 million, and the platform has sold more than 11 million tokens to date. In the next round, the price per token will be increased to $0.06 from its current price of $0.04. With innovative functionalities, strong market orientation, and strategic application, DTX Exchange has all it takes to dominate the cryptocurrency market.
That being said, its presale is selling out fast. If you’re looking to secure up to 100% ROI and highly lucrative opportunities, now is the time to move in.
Learn more:
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Source: https://finbold.com/these-3-altcoins-are-taking-the-crypto-world-by-storm-cardano-ada-cannot-keep-up/