Ethereum (ETH) is currently one of the top altcoins that analysts are expecting to reach new levels soon. Ali Martinez predicts the value of ETH could rise to $6k if it crosses the $4,100 resistance. However, investors have been turning to a new altcoin that has spiked by 500%.
Analysts believe this new coin called DTX Exchange (DTX) could continue to build steam and repeat SOL’s massive rise in 2023. DTX could repeat this type of growth as it is creating the one-stop solution for all traders.
Ethereum (ETH) Could Pump To $6k If It Breaches Major Resistance
Ethereum (ETH) has been trading between $3,656.39 and $4,078.09 in the last seven days. CoinMarketcap price info shows the price of the altcoin has increased by 4.5% during this period. Meanwhile, data from IntoTheBlock reveals there has been an increase in Ethereum netflows from exchanges. Over 400k ETH have been removed by traders, a sign of accumulation.
Given this accumulation, analysts forecast the Ethereum price could soar to new highs in the coming weeks. Ali Martinez said in a recent tweet the value of the Ethereum token could pump to $6,000 in the coming weeks. However, the altcoin price must cross the resistance around $4,100 first. The analyst posted a chart of the Ethereum coin trading within an ascending channel. A potential breakout could occur in the coming week.
Solana (SOL): It is Over for Bears, Says Analyst
In a recent post on X, an influential analyst called Inmortal said it is over for bears. He posted a chart that showed the value of Solana (SOL) soaring to a peak of $380. This is not the first time the analyst has posted a bullish Solana price prediction. Another analyst that supports this price surge is CryptooELITES. They predicted the Solana coin price could surge to a new peak of $450 soon.
According to CryptooELITES, the altcoin has broken out of a downtrend that has been present since 2021. The analyst added the technical outlook for the Solana token is fully positive. The RSI, for instance, is neutral and has enough room for growth. Meanwhile, CoinMarketcap data indicates the Solana (SOL) cryptocurrency is trading between $213.72 and $234.11 on the weekly chart.
DTX Exchange (DTX), A One Stop Solution For All Trading Issues
Traders have been showing keen interest in platforms that offer fast transactions, security, low fees, and also access to both traditional assets and cryptocurrencies. Unfortunately, very few platforms have such services. DTX Exchange is the number one hybrid trading platform on the market, ready to bring all these features under one umbrella.
DTX Exchange is the first of its kind that provides access to stocks, cryptocurrencies, ETFs, indices, and forex trading. With DTX, traders can also enjoy a high leverage of 1000:1, allowing small trades to catapult into potentially large gains. Additionally, every trader has access to advanced trading tools and AI bots that help increase the possibility of profit-making.
Following its 500% price pump, the DTX token is currently available for $0.12. Analysts have said that the DTX coin could grow by more than 10x, making it one of the best cryptos to buy now. Since unveiling the DeFi project, over 300k have joined the project. But the figure could reach 400k in the coming weeks.
Final Thoughts
In the next few weeks, Ethereum (ETH) and Solana (SOL) could see new highs. Analysts are hopeful regarding their potential and are even expecting them to reach new heights. However, DTX Exchange has also seen more interest from investors with its 10x potential.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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