XRP Unbreakable “Selling Wall” Faced With $0.60 DOGE Millionaire Recommends Adding New Altcoins Instead
Ripple (XRO) is facing heavy selling pressure amid a large number of sell orders around the $0.6 psychological zone. Last week, XRP declined by 15% from the same level. Meanwhile, DTX exchange (DTX) shows a strong bullish signal based on the analysis of Dogecoin experts. Based on the growth prospects, one of the early investors of Dogecoin has already made a big position in the coin.
Weaknesses in large-caps such as Ripple are driving investors to stronger coins with sound fundamentals. DTX Exchange has attracted investors looking for long-term growth opportunities.
Rumors of the Ripple ETF have spread as the price drops.
The crypto community is excited about the prospect of the XRP ETF being approved. Ripple CEO Brad Garlinghouse is convinced the XRP ETF decision is “inevitable,” and shows how recent Bitcoin ETF greenlights have led to dramatic price increases. This will drive up the price of the XRP ETF, thereby making it easier for more institutional players to join the markets.
However, Ripple's biggest obstacle remains its ongoing feud with the SEC. Although Garlinghouse didn't swing in the car, this legal dispute has some investors scrambling. XRP is trading below the short-term moving averages and the $0.55 support line. Overcoming these hurdles could propel XRP to new heights, the announcement of an ETF could attract more buyers and boost its value even further.
Dogecoin Traders Books Profit from Rally Shifts DTX for Breakout Play
Dogecoin is seeing an increase in price and volume as it breaks through critical resistance zones. After falling to $0.103, Dogecoin has gained more than 40% in price, attracting buyer interest. DOGE has entered a consolidation phase, forming a strict flag. The $0.17 level is the main hurdle for DOGE's price when looking at the long-term forecast. Meanwhile, as recently as last month and early October, $0.10 has been a persistent zone of interest.
According to recent market trends, buyers of DOGE from lower levels have taken some profits off the table, moving funds to other technical opportunities. With a price below $0.08 and an estimated listing price of $0.2, DTX offers swing traders 150% leverage.
DTX registers more than 100 thousand users in less than two months
DTX Exchange's main selling point is its unrivaled approach to the industry. It is the first exchange with hybrid nature and execution speed of 0.4 milliseconds. DTX offers an unrivaled system based on blockchain technology that helps users control their privacy and manage their business independently. The 100K registration milestone shows that users prefer the DTX platform over traditional exchanges.
DTX recently took a big step by launching Testnet, which demonstrates the network's capabilities in real-world scenarios. Developers have been impressed by its strong performance and scalability – exceeding expectations across the board so far.
Early investors in the pre-sale are making 300% returns, and the momentum will continue as new users join in. The success of the DTX presale reflects its popularity among crypto enthusiasts who value high transaction speed and efficiency.
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