Cryptocurrency Market Building up for Another Upsurge, Analysts Predict Binance Coin (BNB) Could Hit $1,000 while Near Protocol (NEAR) May Touch $10

Analysts believe the cryptocurrency market is building up for another upsurge in the coming weeks. They predict the price of Binance Coin (BNB) could hit

Cryptocurrency analysts are predicting another upsurge in the market before the year ends, and they believe the price of Binance Coin (BNB) could hit $1,000 while Near Protocol (NEAR) may touch $10.

Meanwhile, DTX Exchange (DTX) is making headlines after its price rose to $0.1. Adding to its 400% price increase in the last few weeks, the blockchain ICO has also raised over $7.85 million, making it one of the top projects looking to enter the market.

Binance Coin (BNB) price has been consolidating between $600 and $660 in the past week, data from CoinMarketCap shows.

The value of the Binance Coin crypto made two attempts to break the upper level but failed to do so. Bears are currently at this upper level and may stop further movements in the coming weeks. So, more buyers need to enter the market to push the Binance Coin price to the $700 level.

If the downtrend continues, BNB’s value could plummet to the 50-SMA at $584.65. Meanwhile, Casa told his followers recently that the altcoin may break out of the current range soon. MANDO CT says the rest of this fourth quarter belongs to BNB and that the altcoin may rally to $1,000 and $1,500 before the cycle ends.

Near Protocol (NEAR) price is trading above the $5 mark with gains of 30.1% on the weekly chart, data from CoinMarketCap shows.

The value of the Near Protocol crypto made another attempt to break the $5 level and succeeded in the past week. It now has gains of 30.1% on the weekly chart and 9.4% on the monthly level.

Its technical indicators, like the 14-Day RSI, are in the buying territory and support a potential upsurge. However, it is uncertain when the cryptocurrency may pump to $10.

The presale of the DTX Exchange (DTX) is one of the most popular DeFi projects in the market following its recent price pump to $0.10.

The DTX coin has not only skyrocketed by 400% fom its first price, but it has also raised more than $7.85 million, making it one of the most valuable crypto ICOs. Experts expect a 15x rise in token value after the launch of DTX.

One of the key selling points of DTX Exchange is the utility of the DTX token within the project. Unlike other tokens, DTX token holders receive lower trading fees, which are more beneficial for traders with high turnover rates.

Other than the utility features, DTX Exchange has come up with the 3% VIP Rebate System that is aimed at providing rewards to faithful and large-volume traders.

This system makes it possible for DTX token holders to receive rebates based on the volume of transactions they conduct within the platform. Due to presale success, high token utility, and VIP rebate system, DTX Exchange could be a top DeFi project in the future. It establishes a trading environment that is useful for every type of trader.