BONK Breaks Bearish Spell But Can Cardano (ADA) Beat DTX Exchange in 2025?

During a bull market, the best way to maximize gains is to stick to high growth and fundamentally sound coins. Due to the recent market volatility, the discussion over winning strategies has increased. Investors are dumping previous winners and adding low-cap coins with excellent future visibility.

BONK has attempted a reversal rally, surging 2.52% in the last seven days. However, the follow-through has been very weak due to the sentiment shift to cryptos offering real-world applications.

Meanwhile, after a 35% drop, Cardano (ADA) holders have majorly booked profits and are pouring money into the DTX presale. DTX Exchange (DTX) has become the best presale of 2024, with $10.75 million raised and over 374,000 wallet addresses holding DTX tokens. Expert investors believe DTX is perfectly positioned to outpace Cardano (ADA) in 2025.

Cardano (ADA) Price Prediction For January

Cardano (ADA) showed an outstanding performance during the previous rally, achieving a notable 216% increment in November. However, a vertical rally without any change ended, and it has been a matter of trading correction, which has led it to slide from a high of $1.32 now to a low of $0.865. The declining wedge pattern of Cardano (ADA) has formed from the peak, with a breakout resistance point of $0.40.

Courtesy: TradingView

Analysts have projected various price expectations for January 2025, primarily depending on the pattern breakout and market trends. Many analysts anticipate a potential return above the $1 mark, followed by a likely increase to $3 in the next few months. If the Cardano (ADA) price resumes its previous trend, the $1.32 level will be another crucial resistance level.

Bonk Hints At Reversal As Bulls Start Gaining Control

Due to last month’s massive rally, Bonk moved past a crucial resistance level at $0.00002474 after a three-month consolidation. Within two weeks, the price surged over 200%  and Bonk reached a new All-Time High (ATH) of $0.00005916. However, demand vanished near this region, causing Bonk to lose upward momentum and enter a downtrend.

After a month of declining, Bonk fell back to the $0.00002474 level but took support and reversed from it. For over a week, Bonk has been trading in the $0.00002950-$0.00003082 range and is currently trading at $0.00003287, taking support from the 100-day Simple Moving Average (SMA).

The MACD oscillator is below the baseline but rising steadily and has moved above the signal line. Today, in Bonk’s daily chart, a bullish engulfing candle emerged. The combination of these factors signals that Bonk’s bullish sentiment is increasing, and if demand is sufficient, the price may again experience an upward surge.

DTX Exchange (DTX) Could Be a Golden Opportunity for Investors

DTX Exchange is a DeFi newcomer revolutionizing traditional trading with its advanced and innovative platform. This DeFi exchange is pioneering in hybrid technology, combining CEX and DEX features in a single trading platform. Due to this hybrid nature, users can access various assets, such as forex, equity, crypto, and ETFs.

With its trader-centric features, such as 1,000x leverage and no-KYC policy, the DTX Exchange has gained traders’ attention worldwide. The platform is becoming a one-stop solution for traders seeking efficiency and innovation for rapid growth. DTX network has seen an impressive transaction speed of 0.4 ms and has achieved a capacity of 100,000 TPS in the testnet.

Due to its work towards community improvement, DTX Exchange has amassed a huge user base and completed the sixth stage of the presale. In the seventh stage, the DTX tokens are available for $0.14 each. Join now!

Find out more information about DTX Exchange (DTX) by visiting the links below:

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Visit DTX Website

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