The Federal Reserve pausing interest rate hikes on Wednesday brought much-deserved relief to the crypto market. Ethereum (ETH), the leading altcoin, is expected to witness a bullish reversal—one of the altcoins to watch.
Ripple (XRP), one of the popular payment-based cryptocurrencies, regains the $3 support after recent downswings. With indicators pointing to further gains, it is a top crypto to buy. Meanwhile, DTX Exchange (DTX), an up-and-coming altcoin, enters the final presale stage, sparking FOMO. Given the projected 55x upswing after listing on exchanges, it is among the best coins to invest in.
DTX Exchange (DTX): A Strong Alternative to Ethereum (ETH) and Ripple (XRP)
DTX Exchange (DTX), one of the fastest-selling presales, enters the final stage. It surpassed $13.2 million in funding and over 300,000 wallet addresses, highlighting its rapidly growing community and investor trust. With its launch date approaching, it is arguably the best crypto to invest in.
Behind the growing demand is its solid fundamentals: a novel hybrid trading platform. It stands at the crossroads between TradFi and DeFi, aiming to bridge the gap via a unified Layer-1 blockchain, VulcanX. This blockchain is designed to interact with conventional financial instruments, thus allowing the trading of diverse assets across stocks, forex, ETFs and cryptocurrencies.
Given the above, it will be a one-stop platform for all trading needs—there will be no need to circle between different platforms for asset management. Amid its imminent adoption, experts believe it is among the best altcoins to invest in, sparking FOMO. A 55x upswing is projected after Tier-1 exchange listings, making the current price of $0.16 in the eighth ICO round a good entry.
Ethereum (ETH): Bounce Unfolds
The US Federal Reserve paused interest rate hikes earlier this week, coinciding with a jump in the Ethereum (ETH) price. It hovers above $3,200 and technical indicators like the 9-HMA and 20-SMA point to a bounce, potentially retesting $3,700, its monthly high.
WestCoastWalker, a top analyst, believes Ethereum (ETH) is undervalued and in accumulation zones, predicting a breakout above $4,000 in February and $6,500 in early April. Meanwhile, Shibanator, another expert, believes a rally above $4,500 will push it toward $10,000 but expects it to top out at $6,000 to $7,000.
The above points to a comeback in the Ethereum price as sentiment gradually turns bullish. However, considering its large market size, its upside potential is limited. In contrast, DTX Exchange (DTX) has plenty of room to run as a low-cap gem—one of the best new cryptos to invest in.
Ripple (XRP) Gathers Steam for Next Big Move
Ripple (XRP), one of the top altcoins, retests $3 and appears set for further gains. About 20% below its 2018 all-time high of $3.84, it races toward price discovery, positioning it among the best cryptos to buy.
Further, technical indicators like the 20-VWMA and 9-HMA point to bullish price actions, making it a wave worth surfing. At the same time, analysts have been throwing out bold price predictions, boosting confidence ahead of its big jump. Kronos, an enthusiast and analyst, targets $5.50 in the short term and $35 in the long term, citing regulatory clarity, growing institutional adoption and potential CBDC integration.
Norgenics, sharing a similar outlook, expects Ripple (XRP) to hit $4.50 in its next big move. However, for higher ROIs, DTX Exchange’s potential 55x upswing might be a no-brainer, contributing to the rising investor interest.
DTX Exchange (DTX): A New Crypto to Watch Alongside Ethereum (ETH) and Ripple (XRP)
The new DeFi coin DTX Exchange (DTX) is one of the altcoins to watch out for, from its huge growth prospects to the future transformation of the $10 billion global trading landscape. At the crossroads between DeFi and TradFi, its solid fundamentals make it a compelling alternative to Ethereum (ETH) and Ripple (XRP).
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
