SPONSORED POST*
Dogecoin price is registering slumps in this bull run, with DOGE investors shifting to this viral hybrid token- DTX Exchange. DOGE’s rally is coming to an end, as the Dogecoin price takes a dip while the DTX token continues to soar, explosively touching the $10,00,000 mark. The presale mania is grabbing investors as experts view DTX as the top investment choice!
Dogecoin Price Analysis: DOGE Grinds Higher But ‘Lower Prices Are To Be Expected,’ Warns Technical Analyst
Dogecoin’s price gains in November point to overall bullish sentiment, but traders expect a pullback in the near term. Crypto trader Cold Blooded Shiller analyzed in a post on X how DOGE’s recent rally mirrors the market’s emotional state.
While the chart indicates bullish sentiment for DOGE, it shows a structure losing momentum with each high, which could either break upward in bullish conditions — as seen in vertical accumulation patterns — or downward, adding to market uncertainty.
Concerns about fatigue and downside risks are growing, with the market mirroring the DOGE chart: optimistic yet showing signs of possible exhaustion. Technical analyst Kevin highlighted that DOGE’s relative strength index trend line has broken to the downside, suggesting “lower prices are to be expected.”
On a brighter note, Trader Tardigrade observed that the Dogecoin price broke out of a symmetrical triangle with no seller resistance, signaling strength. A retracement to $0.44 could provide a buying opportunity, targeting $0.65 for a potential 50% gain.
IntoTheBlock data reported around 60.9 billion DOGE being moved by whales in the past 24 hours, causing a 40.1% surge in large transaction volume. Coinglass data shows Dogecoin short liquidations at their lowest since Oct. 26, while open interest hit a record $4.45 billion, signaling strong market interest.
DTX Exchange ICO Heats Up As Gains Cross 200%
DTX Exchange has gained considerable attention after achieving $9.9 million in presale revenue. Designed as a peer-to-peer network, DTX offers decentralization and user autonomy while minimizing centralized security risks and weaknesses.
It also enables modern traders with diverse asset holdings to tokenize real-world assets, which allows cross-trading between crypto and real assets.
In addition to its growth prospects, its future transformation of the crypto trading scene makes it a solid altcoin to hold on to. It combines CEX and DEX and bridges the gap between TradFi and DeFi.
The DeFi marvel is a complete trading platform with new tools that let traders make bigger trades. Traders have also shown support for DTX Exchange’s platform, which offers access to over 120 asset classes, including bonds, crypto coins, etc.
As one of the hottest prelaunch projects in the market, DTX Exchange is in investors’ sights. Early buyers have already received a 500% return, and with the presale now in phase six, this percentage will continue rising.
Key Takeaways
The Dogecoin price is anticipated to plummet while DTX Exchange’s unrestricted presale raising is predicted to surpass DOGE! It is anticipated that the hybrid token will explode massively, being known as the DOGE alternative in this bull run.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/12/10/viral-altcoin-priced-0-12-could-surpass-dogecoin-price-meme-crash/