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Cryptocurrency News Articles

DTX Exchange (DTX) Hybrid Trading Platform Eyes to Transform Online Trading

Feb 01, 2025 at 05:10 am

DTX Exchange (DTX) is a hybrid (combination of centralized and decentralized) trading platform that is making waves in the crypto market.

DTX Exchange (DTX) Hybrid Trading Platform Eyes to Transform Online Trading

The crypto market has experienced extreme volatility over the past week. As a result, top crypto coins like Ripple (XRP) are consolidating within a narrow range. Meanwhile, Shiba Inu (SHIB) has dropped below the $0.000019 mark. However, one DeFi coin is stealing the spotlight with its incredible surge.

Here’s a closer look at XRP, SHIB, and the DeFi coin that could soar by 20x in 2025.

Ripple (XRP) Eyes a Symmetrical Triangle Breakout

After recovering from a steep decline, Ripple (XRP) is consolidating between the $3.00 and $3.20 price levels. The coin might trade in a straight line for the next few days unless more buyers enter the market.

Meanwhile, data from CoinMarketCap shows that the XRP weekly chart indicates a price loss of 0.6%, while the monthly chart shows a gain of 54.4%.

Looking ahead, AMCryptoAlex predicts that the value of the Ripple token could skyrocket if it breaches past the $3.25 level. Another analyst, XRPunkie, notes that the Ripple crypto looks ready for a rally soon. They shared a chart that showed the altcoin trading in a symmetrical triangle.

If a breakout occurs, XRPunkie says the XRP price might soar to $4.50.

Meanwhile, technical analysis reveals that the 14-day RSI is above the midline, indicating continued high buying interest. With this bullish momentum, the value of Ripple (XRP) could skyrocket in the coming weeks.

Shiba Inu (SHIB) Price Movement Leaves Investors Worried

Shiba Inu (SHIB) is one of the top memecoins that investors and analysts expect to hit double-digit gains in the coming weeks. Since Dogecoin’s parabolic run in November, analysts have been keeping an eye on the Shiba Inu coin for a similar rally.

However, data from CoinMarketCap reveals that Shiba Inu crypto has been experiencing a downturn.

The Shiba Inu price has plummeted by 6.8% on the weekly level. On the upside, the Shiba Inu token faces immediate resistance at $0.00001900. A move above this level could lead SHIB to $0.00001950, another strong level that might define the next trend change.

Meanwhile, InvestingHaven notes the memecoin is forming a bullish W-reversal.

Going forward, the value of the Shiba Inu (SHIB) token might pump to $0.00003. On the downside, the cryptocurrency has strong support at $0.00001800 in case of a downtrend. If SHIB breaks below this level, it could retest the next support at $0.00001750.

Hybrid Trading Platform, DTX Exchange (DTX), To Transform Online Trading

DTX Exchange (DTX) is a hybrid (combination of centralized and decentralized) trading platform that is making waves in the crypto market. It is designed to provide traders with an optimal, one-stop solution – combining efficiency, speed, low fees, and top-level liquidity.

One of the most outstanding features of DTX Exchange is its wide array of asset classes. It offers the opportunity to trade more than 120,000 financial instruments, including crypto, shares, forex, metals, oils, and ETFs.

This extensive offering enables everyone, from the inexperienced trader to the professional market speculator, to create a diversified investment portfolio. In addition to the trading platform, DTX Exchange presents the Phoenix Wallet, which is created mainly for secure storage and management of assets. It has also undergone strategic security audits, showcasing its emphasis on security and credibility.

DTX Exchange has shown great potential in its presale stage, raising over $13.3 million. The DTX token is currently trading at $0.16 in the eighth presale round. The price is expected to skyrocket by 20x in the next few months.

Meanwhile, DTX token holders enjoy a lot of benefits as members of the platform. They gain voting rights and a proportion of the site’s trading fee profit through the VIP Rebate System.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 01, 2025