Ethereum (ETH) Eyes Breakout Above $4K as Whales Double Down on Cardano (ADA) and This Low-Cap DeFi Crypto

The excitement in the crypto community lingers after the SEC launched its new crypto task force. The committee was established to develop clear regulatory frameworks, coinciding with a bounce in the crypto market. With prices trading upward, Ethereum (ETH), the leading altcoin, targets a breakout above $4,000.

Meanwhile, whales are stockpiling Cardano (ADA) and DTX Exchange (DTX), a low-cap DeFi coin. The former is primed for a breakout and a huge upswing, while the latter might be the biggest breakout altcoin this quarter. DTX is on whales’ radars for its massive growth prospects and future transformation of the $3.2 billion global trading market with a hybrid model.

DTX Exchange (DTX): Low-Cap DeFi Crypto Whales are Betting on

DTX Exchange (DTX), the star of the moment, is being stockpiled by whales. The altcoin is both undervalued and underpriced, contributing to rising demand and the presale hitting $12.2 million in early funding. Moreover, it is as solid as they come, boasting real-world applications.

As a hybrid trading platform, DTX will combine key elements of centralized and decentralized exchanges. It will be the first crypto-native platform to offer conventional asset classes like stocks, ETFs, forex and hundreds of thousands of currency pairs. Its one-stop trading platform aims to meet the evolving traders’ needs, setting it up for massive adoption.

Meanwhile, as a top ICO and an emerging cryptocurrency, it has plenty of room to run—one of the best new cryptos to invest in. A 50x jump in value is anticipated after going live on Tier-1 exchanges, which is scheduled for Q1. In the seventh round of the ICO at $0.14, the altcoin presents a good entry, poised to outshine Ethereum (ETH) and Cardano (ADA).

Ethereum (ETH): Flipping $4,000 Will Set the Stage for Massive Growth

Ethereum (ETH) regained momentum, posting a 3% uptick on the daily chart. It hovers above $3,300 and its next target might be a breakout above $4,000—one of the best coins to invest in at the current market price.

Moreover, the Ethereum price trading above the 10-EMA ($3,319) and 10-SMA ($3,305) are buy signals. With the coming days promising a huge leap in the prices of crypto assets, ETH is among the best altcoins.

CryptoDona7, a leading expert, sees $4,000 as a psychological barrier and Ethereum (ETH) flipping the level might push it toward $7,000 and $9,000. AC235, another top analyst on X, expects ETH to double in value before the end of this cycle. While it is a good crypto to buy, it is not the best—DTX might be a more promising alternative.

Cardano (ADA) Prepares to Retest Key Support Level

Cardano (ADA), one of the top crypto coins, consolidates around $1. A clean breakout might spark a huge upswing, potentially hitting $1.5 and going higher. Considering key technical indicators like the 9-HMA and the Bull Bear Power, a big leap is on the cards.

VipRoseTr, a popular crypto trader and analyst, identifies a double-bottom formation. A retest of the key support level, $1.38, is inevitable, according to them, followed by price discovery. Meanwhile, Aiura, a top analyst, believes the altcoin could rise as high as $7 this year.

However, given its limited upside potential, DTX Exchange (DTX) is the latest on investors’ radars. The low-cap DeFi crypto is tipped for a 50x rally this year, positioning it among the best cryptos to invest in, edging out Cardano (ADA).

DTX Exchange (DTX): A Good Crypto Pick Over Ethereum (ETH) and Cardano (ADA)

With plenty of room to run as a low-cap DeFi gem, DTX Exchange (DTX) might be a more promising alternative to Ethereum (ETH) and Cardano (ADA). Moreover, it is budget-friendly—investors don’t have to break the bank before positioning for significant ROIs. Set to reshape the global trading scene, it is a new DeFi project to keep on the radar.

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

Buy Presale

Visit DTX Website

Join The DTX Community


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Source: https://blockonomi.com/ethereum-eth-eyes-breakout-above-4k-as-whales-double-down-on-cardano-ada-and-this-low-cap-defi-crypto/