Solana (SOL), Shiba Inu (SHIB), and DTX Exchange (DTX) Price Predictions

Some altcoins in the cryptocurrency market, like Solana (SOL) and Shiba Inu (SHIB), have witnessed a minor retracement after the strong bullish push.

Some altcoins in the cryptocurrency market, like Solana (SOL) and Shiba Inu (SHIB), have seen a minor retracement after their strong bullish push. The cryptocurrencies failed to cross crucial resistance points on their way up and are now consolidating at lower levels.

Still, analysts forecast their prices could increase soon. They expect Solana to reach $300 and the Shiba Inu price to touch $0.0001. The price of DTX Exchange (DTX) is also expected to surge to $1 before the year ends.

Solana (SOL) Predicted To Reach $300

Solana (SOL) is still trading above $200 despite its poor price movement in the past few days. The cryptocurrency, which soared from a low of $160 to a peak of $220, has been consolidating within a narrow range since November 10, per CoinMarketCap.

Gum predicts the Solana price could pump to $300 in the coming weeks after a successful breakout. XO also forecasts a surge to $300 is possible in the future based on the current pattern.

Meanwhile, another analyst called Capsey provided a more detailed analysis of the Solana crypto. He said the price of SOL could trade between $200 and $220 for a while. He forecasts a price target of $347-$371 in the first quarter of 2025.

In the meantime, the Solana coin has immediate resistance at $230.12 and $236.39. In the case of a downtrend, the altcoin may drop to the 50-SMA at $165.15.

Shiba Inu (SHIB) Upward Momentum Slows Down

Shiba Inu (SHIB) failed to reach the $0.00003 region despite its latest uptick. The value of the memecoin had soared from a low of $0.00001865 to a peak of $0.00002949.

Bulls were so close to clenching the region, but selling pressure or the fall of Bitcoin’s price might have affected the Shiba Inu coin. Despite the downtrend, the cryptocurrency still has double-digit gains on the weekly and biweekly timeframes, per CoinMarketCap.

Also, the 14-day RSI is still above 50 after dropping from the overbought region. This position bodes well for the Shiba Inu crypto. A price surge could occur in the next few days.

SHIB Bezos forecasts a price surge to $0.0001 could occur in the coming weeks. Meanwhile, Shiba Inu’s (SHIB) burn rate has taken a huge hit. The community has only burned 625 million coins in the past week.

DTX Exchange (DTX) Price Rises To $0.1

DTX Exchange is gaining more popularity with its latest price pump, rising to $0.1. In the last few weeks, the price of the DTX coin has increased by 400%, outperforming even the hottest top altcoins.

Also, the DTX Exchange has surpassed the $7.85 million mark in investments, and experts are predicting the DTX coin could pump to $1 before the year ends.

DTX Exchange is a platform of both CEX and DEX where users enjoy the efficiency and security of CEX and the liberty and anonymity of DEX. DTX offers access to over 120,000 asset classes, such as cryptos, equities, ETFs, commodities, and bonds.

These many tradable assets allow traders to diversify their accounts easily without having to open accounts in different trading platforms.

Fueling the ecosystem is the DTX token; this token gives traders lower trading fees, enhanced data, and voting rights to guide the platform’s growth.

In addition to features like staking for passive income and tools for both beginner and advanced traders, DTX Exchange aims to be a giant in the trading space.

Final Words

As Shiba Inu approaches $0.0001, Solana targets new highs of $300, and investors are watching the price charts for possible signals. Meanwhile, analysts have told them not to overlook DTX Exchange. The DeFi coin has already given holders over 400% and could pump to $1 before the year.

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