Major cryptocurrencies are Ripple (XRP) gained popularity hitting above $1 price, 100% increase rate. It is, however, still 75 percent below its all time high (ATH). It’s slowed its upward momentum in recent profit taking, but analysts expect further growth.
Key resistance for Ripple is at $1.20, $1.40 and $1.70. The occasional short term selling pressure will be there evidenced by its RSI above 80 reflecting relative strength index. In the race, Solana (SOL) is ahead, closer to its ATH. It broke out of a bullish flag pattern over the weekend and made a high of $250 before being stopped out by opposing forces.
DTX Exchange Promises 20x Growth With Hybrid Model
Since early November, open interest on Solana has surged from $2.7 billion to $5.64 billion, on the backs of memcoin speculation and a possible Solana ETF approval. With this growth, the price of SOL has rocketted up 47% and show investor confidence.
Moreover, DTX Exchange (DTX) is creating a buzz with its community and its capabilities to go up 20x by 2024. DTX is a hybrid exchange that combines centralized and decentralized elements for trading cryptocurrency and common finances with forex and stocks.
Traders will also love to know that it allows 1,000x leverage, which is great for traders; it also has a VIP refund program where up to 3% revenue share is offered, and staking options with up to 26% APY. In its fifth presale phase, DTX tokens are selling for $0.10, with demand from crypto whales and institutional investors.
This simply shows that there is great demand on the platform and that it has potential to disrupt the DeFi space in the future. DTX Exchange could soon rank among the top 10 cryptos, overtaking major players. That’s what experts foresee.
Ripple and Solana whales are looking to diversify into DTX Exchange, and the token’s rapid adoption as a go-to choice makes it clear the market is taking notice. It’s clear that all three of these assets have got their own strengths, and that’s why their path ahead will make a large change to the crypto space in the next few months.
