The crypto market is still in a correctional phase despite the yuletide season. The prices of Ripple (XRP) and Dogecoin (DOGE) could fall to lower levels if the downtrend lingers. However, Martinez predicts the value of DOGE might rise to $4 next year.
Armando forecasts the XRP price might rally to $3.20-$4. Meanwhile, the DTX Exchange (DTX) is soaring high amid the downtrend, raising its gains to 600% as it outperformed top altcoins. Based on its successful presale and unique features, the value of DTX could increase by 10x in 2025.
Dogecoin (DOGE) Could Rally To $4 Based on Historical Trend
Dogecoin (DOGE), the largest meme coin in the cryptocurrency market, continues to trade in a very narrow range. CoinMarketCap data shows the value of DOGE has been consolidating between $0.30 and $0.34 in the last week. The cryptocurrency is facing a very strong resistance at the $0.34 level.
Crossing it could be the key to regaining the $0.4 level. In the short term, Satoshi forecast the Dogecoin crypto price might rally to $0.44. Going forward, Ali Martinez forecasts the price of the Dogecoin crypto could surge to $4 in the coming year. He posted a chart that compares this cycle and previous cycles, 2017 and 2021.
If the rally lingers, Martinez predicts the Dogecoin price might rally to $24 in the future. Another expert called Satoshi Flipper believes the memecoin’s price is trading in a descending channel. Based on technical analysis, most of DOGE’s indicators are bearish. However, the VWMA (10) displays a buy signal which supports a potential rally.
Ripple (XRP) Trades in Symmetrical Triangle
In a recent tweet on X, crypto entrepreneur, Armando Pantojo took a quick jab at those who are complaining about the price consolidation of Ripple (XRP). According to him, the Ripple token is forming a symmetrical triangle which is a bullish pattern. In the case of a breakout, Armando says the Ripple coin price could soar to the $3.20-$4 range.
In the meantime, the cryptocurrency’s value has dipped by 4.8% and 13.3% on the weekly and monthly timeframes. The Ripple price is close to the $2 level and could lose the region if the downtrend continues.
However, an analyst and crypto enthusiast called XRP Whale believes the value of the altcoin could bounce off a demand support around $2.03. Meanwhile, XRP Whale also highlighted that Ripple (XRP) was trading in a symmetrical triangle. Bouncing off the support might push the value of the cryptocurrency to $2.90.
DTX Exchange (DTX) Melt Faces With 600% Price Pump
DTX Exchange (DTX) has enjoyed a massive presale campaign, shining even in the recent crypto dip. The project has raised over $11 million in funding, welcomed over 300k wallets, and given early investors a 600% return on their investment. Currently priced at $0.14, the DTX token is a good cryptocurrency to buy. DTX is the native token of an upcoming hybrid platform that could revolutionize trading forever.
DTX Exchange is expected to provide advanced trading tools appropriate for the modern trader. It is a platform that combines the security and speed of CEXs with decentralization from the DEXs. This strategy is to ensure that the users get the best trading experience when trading traditional and digital assets.
DTX has one significant competitive edge, namely VulcanX, a Layer-1 high-performance blockchain capable of handling over 100,000 TPS. This speed is useful for a large number of transactions and also enhances the user interface since waiting is reduced making trading easy. Furthermore, DTX Exchange provides more than 120,000 instruments such as forex, cryptos, indices, futures, metals, and bonds.
DTX Capitalizes on DeFi Growth To Rival Memecoin, Dogecoin (DOGE)
As Dogecoin remains in the consolidation phase, DTX Exchange is on the rise to become a worthy competitor. As the DeFi space keeps expanding and investors continue to show interest in DTX, its price could skyrocket by 10x in the coming months. The DeFi coin is a promising candidate, and it may turn out to be the surprise of the century.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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