Amid the ongoing correction in the crypto market, DTX Exchange (DTX) has emerged as a shining light giving investors up to 600% returns on their investment. The presale project has reined in a lot of investors, raising more than $11.6 million in funding.
With this momentum, the value of DTX could reach $1 in Q1 2025. Meanwhile, Ripple (XRP) and Dogecoin (DOGE) have retraced to previous lows given the correction in the market. Low-cap coins like DTX have become the go-to investment for smart investors.
Can Ripple (XRP) Hit $3?
Ripple (XRP) is yet to breach the $3 level after huge expectations from investors this month. CoinMarketCap data indicates the price of the Ripple coin rose to a weekly peak of $2.59 on January 11. Unfortunately, the uptrend did not continue as XRP faced strong selling pressure. Nevertheless, analysts are optimistic about the future of the Ripple token. FrankTrades is one of them.
He told his followers to look at the bigger picture while predicting the value of the altcoin could surge to $3. FrankTrades posted a chart that showed the Ripple crypto is trading in a symmetrical triangle. The analyst believes a breakout could happen in the coming day. Another expert called XRP Whale posted a similar prediction, giving a target of $3.5.
In the meantime, positive sentiment is surrounding Ripple (XRP). The relative strength index is above 60 which means bulls are in charge. Also, the Fear and Greed Index shows Extreme Greed which means investors’ interest has not dropped.
Dogecoin (DOGE) Bulls Defend Key Support
Dogecoin (DOGE) has been consolidating between $0.32 and $0.4 in the last seven days. The lower part of this range has acted as strong support as bears have failed to breach it. CoinMarketCap data shows the price of the Dogecoin crypto has dipped by 14.9% on the weekly timeframe and 20.2% on the monthly chart. Currently, analysts are divided about the future of the memecoin.
Ali Martinez forecasts the Dogecoin price could drop to $0.27 after breaking out of a bear flag. Another analyst called Trader Tardigrade is bullish about DOGE. He stated that the 3-day Gaussian Channel reveals that there are three red zones on the Dogecoin price chart. Historically, a bullish run occurs after the third red zone is formed. Tardigrade told his followers the value of the Dogecoin token could skyrocket to a new peak of $4.3 in the coming weeks.
DTX Exchange (DTX) Offers Privacy and Low Fees To Users In New Hybrid Approach
DTX Exchange (DTX) is a project that aims to merge the best of CEXs and DEXs on one trading platform. The aim is to give users a more comprehensive trading experience with low fees, fast trades, and privacy. Meanwhile, SolidProof has evaluated the platform’s smart contract to ensure it is safe for traders. DTX Exchange is built on the fast Vulcan X blockchain, which means that it is one of the fastest exchanges in the market.
This technology forms the basis of its range of unique offerings such as multi-asset trading in stocks, cryptocurrencies, and forex. Another unique selling point that DTX has is the 1000x leverage feature. Here, it allows traders to make high profits with little capital. In addition to this, DTX has a no-KYC policy which allows users from all over the world to use its services.
DTX Exchange has enjoyed a lot of attention in its crypto ICO stage. It has raised over $11.6 million and has increased by 600%. Also, its listing on CoinMarketCap has also helped in increasing the confidence of investors in the market. Furthermore, the number of active wallets has increased to 300k while the followers on X have crossed 15k. Priced at $0.14, DTX is the best crypto to buy now for investors seeking the next 10x coin.
Which Is The Best Cryptocurrency To Buy Now: XRP, DOGE, or DTX?
Given the price fluctuations in the market, low-cap coins with potential and utility like DTX Exchange have become the best option for investors. The multi-asset support and no-KYC approach could pull in a lot of users after launch. Such potential growth makes the DTX coin a good crypto to buy like Ripple (XRP) and Dogecoin (DOGE) were in 2017.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
Source: https://finbold.com/crypto-gem-gives-investors-600-roi-as-ripple-and-dogecoin-price-consolidate/