The positive impact of the Fed rate cut can be seen in cryptocurrency and the stock market. Major coins are showing good momentum, and experts think this is the start of a bull market. From their near resistance breakout, Celestia (TIA) and Sei have given good rallies until now, with good trader participation.
Meanwhile, crypto price action experts have announced their best bet for the upcoming bull rally: the DTX Exchange (DTX). DTX is the first hybrid platform with the first-mover advantage, so experts think it could be the next big thing in the crypto market.
We will discuss Celestia (TIA), Sei, and DTX Exchange (DTX)’s recent price action and future levels.
Celestia (TIA) Crosses $1.3 Billion MarketCap Amid Recovery
During the market correction, Celestia’s market cap dipped below $1 billion; however, after the breakout, it has moved more than 20%, bringing its market cap to $1.3 billion. The current price of Celestia (TIA) is $6.15, and in the last seven days, it has increased around 48%. This momentum in price explains the strength of the bull market.
The $7.61 level is the next major resistance for Celestia (TIA), while on the downside, $4.2 is the major support level. The Celestia (TIA) price is still below the 200-day moving average, which is a long-term indicator. The next target could be $10 if it breaks above this resistance.
Sei Tries To Break Out Of The Bullish Reversal Pattern
Sei has been consolidating for the last two months and has formed a head-and-shoulder bullish reversal pattern. On Thursday, Sei tried to break down the neck of the head and shoulder pattern. However, the pattern has not been followed quite well. Sei got rejected from the $0.37 resistance zone and is currently trading at $0.34.
If more selling occurs in the Sei price, we can see it taking support near $0.31. If it again breaks out of the pattern with good follow-through, the next major resistance level is $0.44.
Whales Betting Big In DTX Exchange (DTX), Predicts $0.86 By the End Of 2024
DTX Exchange (DTX) has raised more than $2.6 million in the third stage of the presale, which will be held in a few weeks. The rapid fund inflow is due to the high participation of whales. Last week, whales made a total of $600k of position in the DTX Exchange. One of the biggest whales who made millions from trading Celestia and Sei has predicted that the DTX token could reach $0.86 from the current valuation of $0.06 by the end of 2024. It gives an upside potential of 1,333% from the current level.
DTX Exchange suits all trading needs and offers a wide platform for buying and selling. Customers who make transactions using several trading instruments, such as forex, stocks, equities, and cryptocurrencies, are not confined to TradFi; they can also use Web3-based products. The DTX Exchange combines the two and ensures that the decentralized finance developed reaches global acceptance.
The total DTX tokens will be limited to 475 million, with 50% allocated for presale and the remainder distributed among the company reserve, team, ecosystem development, advisors, and airdrops.
