Celestia, DTX Exchange, and Fantom Dominate Leaderboards as Jerome Powell Makes Global Markets Move

The world’s largest economy is expected to see its first rate cut in over four years. The question is whether Jerome Powell will cut the rate by 25 BPS or 50 BPS. In either case, the announcement will positively push markets, and we might see a fresh bull rally after a long time.

Crypto price action experts have already placed their bets to bank the coming upswing by positioning themselves in three market leaders: Celestia (TIA), DTX Exchange (DTX), and Fantom (FTM). We will discuss how rate cuts affect these coins’ prices and what levels to expect from them.

Celestia (TIA) Descending Trendline Breakout With Great Volume

Celestia (TIA), after the long downtrend bottomed around the $4 level in the last two months, TIA has taken support from the $4 psychological level. The crucial resistance level for price recently has been the descending trendline. With a 15% move in the last 48 hours, Celestia (TIA) has finally crossed the barrier with massive participation of bulls. 

The announcement of rate cuts will further push the Celestia (TIA) price and could lead it to the next target of $6. The positive point in Celestia’s price action is that it shows strong sentiment above the 50-period moving average, indicating the buying urgency.

DTX Exchange (DTX) Price Highly Undervalued With Growth Projection

The biggest bet of industry experts in the coming bull run is in the DTX Exchange. DTX is the first trading platform that brings the feature of centralized and decentralized exchanges in one place, with benefits like low fees and high trading efficiency. Raising $2.6 million in one month tells about the confidence in the coin. 

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DTX token is currently trading at $0.06, which is analyzed as highly undervalued because the coming listing price is $0.12, and according to experts’ projections, it can hit $0.5 before 2025.

DTX Exchange has the edge over traditional exchanges because of its advanced AI technology, which powers automated trading, advanced analytics, and risk management. With over 120,000 digital assets, users can optimize their trades using non-custodial wallets and enjoy KYC-free onboarding.

Fantom (FTM) Saw a 100% Increase In Trading Volume At Breakout

On Tuesday, Fantom (FTM) gave a breakout from the neckline of the double bottom pattern, and the participation of bulls at the breakout increased by 100%, which led the price to touch a high of $0.59. 

In the last seven days, Fantom (FTM) has increased 19%, showing a high price momentum. Despite this extension from the low, there hasn’t been any pullback in Fantom. Short-term moving averages like the 10MA could become support levels if the price pulls back from here.

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