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Cryptocurrency News Articles

Dogecoin (DOGE) Approaches the One-Dollar Mark, the Crypto Market Buzzes with Activity

Nov 24, 2024 at 09:00 pm

According to analysts like Comet, this meme coin is set for yet another explosive rally. Besides DOGE, Sui (SUI) and the new presale token DTX Exchange (DTX) are also making some headlines.

Dogecoin (DOGE) Approaches the One-Dollar Mark, the Crypto Market Buzzes with Activity

As meme coin Dogecoin (DOGE) edges closer to the one-dollar mark, several cryptocurrencies are making waves in the market. According to analysts, DOGE is set for another explosive rally. But besides Dogecoin, Sui (SUI) and the new presale token DTX Exchange (DTX) are also grabbing headlines.

Dogecoin Price May Hit $1

Dogecoin (DOGE) is currently one of the top meme coins. CoinMarketCap data shows a nearly 190% surge in Dogecoin price on the 1-month chart. During this time, its value moved between $0.13 and $0.39.

Crypto analyst Comet also made a positive Dogecoin price prediction in his recent X post. According to him, this meme coin could soon see a price rally to $1. However, technical analysis of Dogecoin (DOGE) supports this prediction.

For example, TradingView data shows the Dogecoin crypto trading above its 20-day EMA of $0.31 and its 50-day EMA of $0.23. Moreover, its MACD level shows a 0.059 value in the buy zone, indicating a good entry point for buyers.

Market Analyst Makes Bold Sui (SUI) Price Prediction

Another altcoin that has seen some green price charts recently is Sui (SUI). In the past 30 days, Sui price went up over 90% as per CoinMarketCap data. During that period, the price saw movement between $1.87 and $3.56.

Technical analysis of Sui crypto suggests a continuation of this bullish trend. For example, this crypto coin has a MACD level of 0.42, which is in the buy zone and indicates a good entry point for buyers. Plus, Sui (SUI) trades above its 10-day EMA ($3.48) and its 30-day EMA ($2.90).

According to a recent X post, Bluntz predicts an upcoming rise to $4.5 for this altcoin. This Sui price prediction has attracted many traders.

DTX Exchange Price Surges 400%

Another cryptocurrency that is making waves in the crypto space is DTX Exchange (DTX). Recently, CoinMarketCap listed the DTX utility token, which could open the doors for millions of new traders looking for exciting projects.

At its core, DTX Exchange aims to combine the best of CEX and DEX into one. To achieve this goal, they will launch a hybrid trading platform that focuses on fast transaction speeds, up to 1000x leverage, and access to over 120K asset classes like FX, crypto currencies, stocks, etc. With this feature, traders could easily enter many trillion-dollar markets like the $1.4T FX one.

Those interested in this project are buying its native token, DTX. It costs just $0.10 in phase five of its presale – a 400% rise from its starting price. However, phase six will bring a jump to $0.12. A top-tier crypto exchange listing is also expected to trigger a rally to $0.20. In other words, those who buy DTX now could see a 100% return.

News source:bitcoinist.com

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Other articles published on Nov 25, 2024