While the crypto market is volatile, Ethereum (ETH) and Ripple (XRP) are under liquidation pressure. Their prices have decreased over the weekend due to high selling pressure. However, there is one DeFi gem that is standing out – DTX Exchange (DTX).
DTX Exchange has remained unyielding and has been on an upward trend. Its price has increased by 700% in the last few months. As the number of users continues to rise and the market grows, this DeFi project has become a safe haven for investors who want to make good profits in 2025.
Ripple (XRP) Drops Below $2 But Bulls React
The Ripple Coin has dropped below the $2 region after a huge massive sell off hit the market. The ongoing tariff rift between the US, Canada, and China has affected market sentiment as many fear a downtrend is coming. CoinMarketCap data showed the altcoin price dipped to $1.95 before reclaiming the $2 level.
Based on technical analysis, the sentiment surrounding the Ripple crypto is bearish. For instance, the relative strength index has dropped below the 50 mark, signifying the strong presence of bears. Also, the VWMA (10) and Hull Moving Average (9) indicators are in the sell region.
They indicate that bears are in charge. Nevertheless, analysts are optimistic about the future of the Ripple token. CW forecasts the value of Ripple (XRP) might pump to $4.26 in the coming weeks. Another analyst called Charting Guy says the value of the altcoin might surge to $8 when the bull run begins.
Analyst Forecasts Upsurge For Ethereum (ETH), Price Dumps Below $3k
According to Trader Tardigrade Ethereum (ETH) is forming a head and shoulder pattern. According to them, the altcoin is forming a perfect right shoulder which could be complete if it crosses $4k. If this happens, Tardigrade forecasts the Ethereum price could surge to $7,250. Concluding the tweet, the analyst says this move could spark an altcoin season. Unfortunately, the Ethereum token has experienced the greatest liquidation in the past two years.
Data from CoinMarketCap shows the value of the cryptocurrency broke below the $3k mark. The Ethereum coin plummeted as low as $2.4k before rising above the $2.5k mark. Currently, ETH’s price has plunged by 17.7% on the weekly timeframe and 29.5% on the monthly level. Ethereum (ETH) is now trading below the 200-SMA ($3,054.97) which could act as a strong resistance in the future.
DTX Exchange (DTX), The Hybrid Platform That Could Unseat Binance
DTX Exchange (DTX) is disrupting the trading market by offering a hybrid platform that combines both CeFi and DeFi solutions. This unique concept provides the trader with an opportunity to trade more than 120,000 asset classes such as cryptocurrencies, stocks, forex, commodities, and ETFs in one platform.
Another advantage of DTX Exchange is the availability of complex algorithmic trading tools that were available only to professional investors before. These tools help the trader to automate the strategies that are used in trading and this makes them very accurate. These bots can be adjusted according to the different market situations and the user can adapt his trading strategies.
Meanwhile, security and user control are of high importance in DTX Exchange. It gives the traders full control of their funds and assets. This approach improves security since it does not use centralized storage systems. During its presale stage, DTX Exchange has been able to garner over $13.4 million and has been able to raise more than 550,000 holders. The DTX token is currently trading at $0.16.
What is The Best Crypto To Hold Now?
Ethereum (ETH) and Ripple (XRP) are struggling to recover their losses while DTX Exchange is among the few coins that are still posting gains. As a result of its advanced DeFi solutions and the growing popularity of its Phoenix Wallet, the coin is gradually becoming a market leader. Its price is expected to rise by 10x, making it a good cryptocurrency to buy.
Find out more information about DTX Exchange (DTX) by visiting the links below:
