Ripple (XRP) has been trading in a narrow range in the past few days. Failing to break above the $3 resistance to retest its ATH, XRP has remained in consolidation throughout December. Nevertheless, analysts forecast a price surge to $5 after a bullish flag breakout.
Also, there has been a gem under the radar that has outperformed even Solana (SOL). The price of DTX Exchange (DTX) coin has skyrocketed by 500% to a peak as high as $0.12. DTX outperforming SOL looks very likely to continue as analysts have tagged the new gem as the best cryptocurrency to buy for potential 10x gains.
Ripple (XRP) Bull Flag Breakout Could Push It To $5
Ripple (XRP) has been consolidating within a narrow range of $2.20-$2.50 since December 12. Data from CoinMarketCap shows the value of the Ripple token has dropped by 3.4% in the past week. The downtrend could be due to a consolidation under the $3 resistance Nevertheless, XRP has price increases of 145.9% on the monthly level and 287.5% on the yearly timeframe.
Going forward, ALLINCRYPTO forecasts the value of the Ripple coin could skyrocket in the coming weeks. The analyst highlighted a bull flag formation and noted the altcoin price might rise to $5.4365 in the case of a breakout. Another crypto enthusiast called Bark believes XRP could follow the same trajectory.
Bark noted that the Ripple price is about to go to $5. In the meantime, other analysts like CryptoKnight890 say a rally to $3.516 is more likely right now. The sentiment surrounding the Ripple crypto is currently bullish. Its VWMA (10) and Hull Moving Average (9) display buy signals that show that bulls are active.
DTX Exchange (DTX): The Future of Multi-Asset Trading
It is time to bid farewell to the multiple accounts and welcome the multi-asset trading giant that could be a new benchmark in the industry. DTX Exchange (DTX) provides traders with more than 120,000 products, including stocks, indices, bonds, commodities, and cryptocurrencies on one trading platform.
Different from other platforms DTX Exchange ensures privacy and convenience offering a no-KYC policy that enables customers to trade without going through the cumbersome process of verifying their IDs. The DTX native token is at the core of this revolutionary platform and it is loaded with utility. For those who stake their holdings, the benefits are incomparable—up to 15% APY is on the table.
The DTX token has been on fire because of the unique use case of its exchange platform, skyrocketing by 500%. However, its current price of $0.12 is still a good entry point for new users. While Solana is one of the fastest blockchains with a TPS of 600, DTX Exchange smashes this record with a milestone of 100,000 TPS, making it one of the top altcoins to watch heading into 2025.
Solana (SOL) Poised for New Peak After Latest Breakout
In a recent X post, a top analyst called Titan of Crypto noted that Solana (SOL) just broke out of a cup and handle pattern. The breakout trend line was located around $200. With this successful retest, Titan of Crypto forecasts the Solana coin price might rally to $410 in the coming weeks. This target is higher than its current all-time high of $263.
Another expert called TraderKoz gave almost the same Solana price prediction. They posted a chart that showed SOL trading in a descending channel with a breakout target of $420. In the meantime, the Solana token is trading above $200 with price decreases of 3.1% on the weekly chart and 2.2% on the monthly level. Despite the price dip, the cryptocurrency’s Stoch RSI (14) is in the buying zone which is a sign of renewed positive sentiment.
Final Thoughts
Ripple (XRP) is preparing for a potential breakout in the coming days. Analysts expect a price surge to follow immediately. Meanwhile, DTX Exchange is emerging as a better cryptocurrency to buy compared to Solana (SOL) for more gain due to its low price and explosive potential. Experts say DTX Exchange could ride the next bullish wave in the coming weeks to $1.
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