Ripple (XRP) Price Rallies As Whales Buy 150M XRP, Eyes $3 Target; DTX Exchange (DTX) VulcanX Blockchain Outperforms Top Exchanges

Ripple (XRP) shows positive movement after a breakout from an ascending triangle. Analysts say the altcoin could soar to $3 if the uptrend continues.

Cryptocurrency prices have shown mixed movements in the last 24 hours, with some coins like Ripple (XRP) and DTX Exchange (DTX) rallying while others like Dogecoin (DOGE) have consolidated. As the dust settles and the new week begins, here are the key price movements and technical analysis for XRP, DOGE, and DTX.

Ripple (XRP) Price Rallies As Whales Buy 150M XRP

After showing signs of a breakout from an ascending triangle on the lower timeframes, XRP price has rallied by 10.0% on the weekly timeframe and 14.2% on the bi-weekly level. According to data from CoinMarketCap, XRP has risen from a low of $0.86 to highs of $0.98.

The recent price surge in XRP comes after a period of whale accumulation, with Santiment data indicating that whales have acquired over 150 million XRP in the last 48 hours. This accumulation could be a sign of optimism among large investors over the upcoming approval of a Ripple ETF.

As reported by Polymarket, the odds of a Ripple ETF approval stand at 75%, making it highly likely in 2025. If successful, the XRP price could climb higher in the coming months.

Based on technical analysis, the sentiment surrounding the XRP price is bearish. The relative strength index is below the midline, which shows that the XRP price is under selling pressure. Also, the Fear and Greed Index flashes fear, signifying poor interest from investors.

Dogecoin (DOGE) Eyes Potential Breakout From Falling Channel

Crypto enthusiast Bitcoin Meraklsi has shared his analysis on the potential price movements for DOGE in the coming weeks.

According to the analysis, the DOGE price has been trading in a downward channel that has been visible since November. If an uptrend should occur, the analysis shows that the DOGE price would target the upper part of the channel, which corresponds with the $0.4 resistance.

If the DOGE price breaks out of the channel, the memecoin’s value might rally to $0.71. While this Dogecoin price prediction seems bullish, Bitcoin Meraklsi told his followers to exercise patience, as this might take time.

In the meantime, the DOGE price has fallen by 2.8% and 26.0% on the weekly and monthly timeframes. Per CoinMarketCap, the DOGE price has been consolidating between $0.2437 and $0.2836 on the weekly level.

The Dogecoin crypto has been attempting to break out of this range but has failed. More buyers would have to enter the market to kickstart a DOGE price rally.

DTX Exchange (DTX) VulcanX Blockchain Outperforms Top Exchanges

DTX Exchange (DTX) is a modern platform that mixes the features of centralized and decentralized trading, which will be suitable for traders at its core. At its center is VulcanX, a Layer-1 hybrid blockchain that solves most of the problems associated with both public and private blockchains.

In the testnet phase, the VulcanX has demonstrated a high processing speed of more than 200,000 TPS, which puts it in the category of high-speed players in the blockchain market.

The trading platform also offers more than 120,000 asset classes including forex, metals, cryptocurrencies, stocks, CFDs, and ETFs to help traders diversify their portfolios. This vast list is suitable for both the new investor and the professional trader since they can easily switch from one market to another and try out different opportunities.

DTX Exchange has already managed to attract more than $14.8 million during the presale stage, which proves the interest of investors. Also, the DTX token price has reached $0.18 in the ninth stage.

Based on the features above, DTX Exchange is perfect for active traders who need a flexible and smooth trading experience.

The Next DeFi Project Poised For Growth

While the era of memecoins could be coming to an end, new DeFi projects like DTX Exchange are taking over the market.

With its current presale figures, DTX might be the next big thing after Bitcoin. Those who want to join the next badge of crypto millionaires can look forward to DTX Exchange.

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community