XRP has been experiencing some volatility recently, with red charts everywhere. However, a prominent market analyst named Dark Defender thinks that a potential bull run for this altcoin may come this November.
Meanwhile, a recent shift has shocked some traders. Notably, many big-time investors in Avalanche (AVAX) are now stacking up on DTX Exchange (DTX), a phase four presale star. Even though AVAX could see a bullish rebound, as per BlockchainBaller, many traders are growing more interested in the DTX token.
The Price of Ripple (XRP) Could See a Rally This Month
Ripple (XRP) is one of the top crypto coins that has recently experienced some ups and downs. Over the past month, the Ripple price has dropped by more than 10% as per CoinMarketCap. This means its value has fluctuated between $0.58 and $0.51.
However, crypto analyst Dark Defender made a bold statement about Ripple (XRP). According to his X post, the Ripple coin goes on a bull run once Bitcoin (BTC) dominance declines, as it did in 2017 and 2021. Dark Defender thinks Ripple could start surging in November.
The technicals of the Ripple crypto support this statement. For instance, the momentum indicator sits at -0.011, suggesting that bulls control this altcoin. Thus, experts foresee a potential surge to $0.60 before November ends in their Ripple price prediction.
Avalanche (AVAX) May See a Potential Rebound On the Price Charts
Avalanche (AVAX) has also seen some red price charts. CoinMarketCap shows that the price of Avalanche fell over 5% on the 1-week chart. During that time, its price moved from $26 to $24.
Nevertheless, market expert BlockchainBaller is still optimistic about this cryptocurrency. He made an X post saying the Avalanche crypto is now testing its support level around $24.80. BlockchainBaller now eyes a possible bullish rebound to the $30 level for Avalanche (AVAX).
In other news, people are excited about Grayscale Investments’ filing to the SEC to change its Digital Large Cap Fund into an ETF. If it gets approved, people will have access to many crypto coins, including Avalanche. Thus, this Avalanche price prediction may come true.
DTX Exchange (DTX) Surges by 300% Since Its Starting Price
Meanwhile, DTX Exchange (DTX) is making a name for itself as one of the hottest new altcoins. It has given early buyers a 300% return so far. Given that its presale is now in phase four only, this performance is amazing.
This percentage looks poised to rise with the recent CoinMarketCap listing of the DTX utility token. This is one of the top crypto-price tracking websites and millions of people use it to find promising new projects. Additionally, the perks of holding DTX could attract countless traders. These include:
- Up to 15% APY in staking rewards.
- DTX holders will get a percentage of the trading fee revenue on the DTX Exchange.
- Governance voting rights which will bring power to the people.
All these perks have made millions of people rush to the DTX token presale. It has already raised over $6.4M and may reach $7.5M before this month ends. Currently, one DTX costs just $0.08, but phase five will raise that to $0.10. Plus, this altcoin price is projected to jump to $0.20 after a top-tier exchange lists DTX soon.
Ripple (XRP) vs. Avalanche (AVAX) vs. DTX Exchange (DTX) – Where Are the Big Price Growth Opportunities?
Ripple (XRP), Avalanche (AVAX), and DTX Exchange (DTX) could see some gains soon. However, experts think of one that stands out – DTX Exchange. This project will revolutionize online trading by creating a hybrid trading platform.
On it, people can access over 120K asset classes like bonds, stocks, crypto coins, etc. In other words, they can quickly enter these markets like the $133T bonds.
DTX will also have a smaller market cap than its peers. Therefore, it may surge faster with less money. Some experts predict a potential 10x surge for DTX in 2025.
Learn more:
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Source: https://www.cryptonewsz.com/why-are-big-time-avax-investors-migrating-to-dtx-exchange/