Binance Coin Targets $1K, Near Protocol Eyes $10, New Coin Hits $0.1

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Analysts believe the cryptocurrency market is building up for another upsurge in the coming weeks. They predict the price of Binance Coin (BNB) could hit $1,000 while Near Protocol (NEAR) may touch $10.

Meanwhile, DTX Exchange (DTX) is making headlines after its price rose to $0.1. Adding to its 400% price increase in the last few weeks, the blockchain ICO has also raised over $7.85 million, making it one of the top projects looking to enter the market.

Binance Coin (BNB) Faces Strong Resistance, Analysts Predict Rise To $1k

Binance Coin (BNB) has been consolidating between $600 and $660 in the past week, per CoinMarketCap. The value of the Binance Coin crypto made two attempts to break the upper level but failed to do so. Bears are currently at this upper level and may stop further movements in the coming weeks. So, more buyers need to enter the market to push the Binance Coin price to the $700 level. 

If the downtrend continues, BNB’s value could plummet to the 50-SMA at $584.65. Meanwhile, Casa told his followers recently that the altcoin may break out of the current range soon. MANDO CT says the Binance Coin token may rally to $1,000 and $1,500 before the end of this cycle. He added that the rest of this fourth quarter belongs to BNB.

Near Protocol (NEAR) Eyes $10 After Breakout

The Near Protocol (NEAR) has captured the attention of analysts in the past week. They believe the altcoin price could skyrocket to new levels in the coming weeks. CryptoBoj confirmed that the Near Protocol coin has broken out of a bullish pennant. World Of Charts noted that cryptocurrency looks very bullish in the midterm. The analyst expects the Near Protocol price to rally to $10 in the midterm and $14 in the long term.

In the meantime, the value of the Near Protocol crypto is trading above the $5 mark. It has gains of 30.1% on the weekly chart and 9.4% on the monthly level, per CoinMarketCap. Its technical indicators, like the 14-Day RSI, are in the buying territory and support a potential upsurge. However, it is uncertain when the cryptocurrency may pump to $10.

DTX Exchange (DTX) Raises Over $7.6M As Price Pumps To 

The presale of the DTX Exchange (DTX)  is one of the most popular DeFi projects in the market following its recent price pump to $0.10. The DTX coin has not only skyrocketed by 400% fom its first price, but it has also raised more than $7.85 million, making it one of the most valuable crypto ICOs. Experts expect a 15x rise in token value after the launch of DTX. 

One of the key selling points of DTX Exchange is the utility of the DTX token within the project. Unlike other tokens, DTX token holders receive lower trading fees, which are more beneficial for traders with high turnover rates. Other than the utility features, DTX Exchange has come up with the 3% VIP Rebate System that is aimed at providing rewards to faithful and large-volume traders. 

This system makes it possible for DTX token holders to receive rebates based on the volume of transactions they conduct within the platform. Due to presale success, high token utility, and VIP rebate system, DTX Exchange could be a top DeFi project in the future. It establishes a trading environment that is useful for every type of trader. 

In Summary

Analysts predict another market uprising could start before the end of this year. They expect the prices of Binance Coin (BNB), Near Protocol (NEAR), and DTX Exchange to skyrocket during this period. The potential 15x rally is what sets the DTX coin apart as one of the best cryptos to buy now.

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