While the crypto market is experiencing a massive sweep following a massive uptrend in November, some coins like Ethereum (ETH) have a chance to break out of the downtrend. Ted noted the altcoin price is mirroring the 2020-21 cycle and expects it to break past $4,100 soon.
Meanwhile, DTX Exchange (DTX) has piqued the interest of investors after its 500% price growth. Currently trading at $0.12, analysts have tagged it the next 10x crypto gem to hodl. In other news, InvestingHaven forecast the value of Shiba Inu (SHIB) could soar to $0.0000998 in the coming year.
Shiba Inu (SHIB) Expected To Peak At $0.0000998 In 2025
A popular analyst at InvestingHaven has shared his forecast of the possible range of Shiba Inu (SHIB) in 2025. The forecast shows that the Shiba Inu price might trade between $0.0000998 and $0.0000234. InvestingHaven encouraged SHIB investors to be calm. Patience could pay off for the memecoin, they added.
Meanwhile, this bullish Shiba Inu price prediction comes at a time of huge correction across the entire market. Data from CoinMarketCap shows the value of the memecoin has plunged to former lows. The Shiba Inu coin has losses of 22.7% and 29.2% on the weekly and monthly levels. Nevertheless, analysts maintain a positive stance on the meme coin.
However, the Relative Strength Index (RSI) is below the midline, which means that the bears control the price action. On the other hand, two indicators, the Stochastic Fast (14) and Williams Percent Range (14) are showing buy signals, which is a bullish signal.
Ethereum (ETH) Uptrend Depends on $4,100 Breakout
Ted, an experienced investor and a crypto businessman, compares the current price movement of Ethereum (ETH) to previous ones. He notes the Ethereum coin was rejected several times around the $1,400 level during the 2020-21 cycle before it finally surged.
Likewise, he believes the Ethereum crypto is facing resistance at $4,000 now but expects a breakout soon. Ted believes that once ETH breaks and holds above $4,100, it could set a new record high in a short time. The crypto enthusiast posted a chart that showed the value of the Ethereum token soaring to $4,620 after a potential breakout.
At the moment, the Ethereum price is consolidating between $3,368.51 and $4,078.09 in the weekly timeframe. According to data from CoinMarketCap, the value of the altcoin has dipped by 12.2% on this level. Nevertheless, the Williams Percent Range (14) and Stochastic Fast (14) display a buy sign that signals that bulls are gaining momentum.
DTX Exchange (DTX) Attracts Over 300K Wallets With Presale Growth
The DTX Exchange (DTX) presale is currently the talk of the crypto space, and more investors are flocking to the project. DTX Exchange has already attracted more than 300,000 wallets and has raised over $10.4 million and is considered the best ICO of the year. What sets DTX apart is its comprehensive trading platform that targets both retail and institutional clients.
The trading platform offers multiple asset classes with over 120,000 products available for trading, including cryptocurrencies, stocks, precious metals, oil, bonds, and many others. This versatility enables the trader to expand their portfolio and at the same time minimize risks without having to open many accounts.
For day traders, low trading fees are the key, and DTX token holders get an even better deal. Developed on the VulcanX blockchain, the platform provides the highest level of security and speed for modern traders. The project also offers other features like copy trading, high leverage of 1000x, low fees, and access to advanced trading tools.
DTX Exchange Emerges As The Best Crypto To Buy for 10x ROI Over Ethereum (ETH) And Shiba Inu (SHIB)
Although Ethereum and Shiba Inu are expected to see gains in the coming weeks, their large market caps reduce their potential to give investors up to 10x returns. This is where DTX Exchange comes in with its low market cap and unique tokenomics. Experts believe this DeFi coin could be the blue-chip crypto investors are looking for.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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