The crypto market is witnessing positive sentiment as top altcoins like Solana (SOL) climb up the chart. CW predicts the value of the altcoin could pump to $370. Also, FLASH forecasts the price of Ripple (XRP) might soar to $5 in the coming days.
Meanwhile, the DeFi coin, DTX Exchange (DTX) is gaining significant market traction following its ongoing presale success. The project has sold millions of coins and given early investors up to 700% return on their investments. Given its low market cap, DTX could be the next best crypto to hit $1.
Solana (SOL) Begins Potential Uptrend
Solana (SOL) has started an uptrend after bouncing off the $220 support. According to data from CoinMarketCap, the value of the altcoin has risen by 1.9% in the weekly timeframe. Looking ahead, the Solana coin faces strong resistance around the $260 region. Crossing this barrier could take it to the $275-280 range.
Analysts like CW forecast the price of the Solana token might hit $370. Alex Friedman posted a chart that showed SOL’s price soaring to $370. In the meantime, technical indicators like the relative strength index reveal the sentiment surrounding the token is bullish.
An RSI of 58 means that the Solana crypto has enough room for growth. In other news, Purpose Investments Inc. has filed for a Purpose Solana ETF with the Canadian securities regulator. Meanwhile, the US could welcome its first Solana spot ETF in the coming weeks with the emergence of a more crypto-friendly administration.
Ripple (XRP) Regains Support Level
Ripple (XRP) has broken below the major $3 support level for the first time in about two weeks. Data from CoinMarketCap showed the price of the altcoin dipped to a low of $2.75 on January 27. Luckily, bulks were present at this region to handle the pullback. The Ripple coin is now trading above the level, a bullish sign that could push the cryptocurrency to a new all-time high.
FLASH forecasts the Ripple price might pump to $5 in the coming weeks. For this to happen, the cryptocurrency must claim the $4 level first. Another crypto enthusiast called TheFomoLabs posted a similar Ripple price prediction.
They noted that XRP has formed a hammer candle at the $2.90 support level. TheFomoLabs says the altcoin only has to break the trendline before it begins a gradual ascent to $5. Technical indicators currently support this potential price uplift. The Stoch RSI (14) flashes a buy signal which means bulls are in charge.
DTX Exchange (DTX): Redefining Trading and Investment Opportunities
DTX Exchange (DTX) is changing global trading with its centralized and decentralized exchange model. DTX Exchange offers its traders cryptocurrencies, stocks, forex, commodities, ETFs, and tokenized real-world assets (RWAs), making it easy for traders to expand and maximize their portfolios. The platform is notable for its No-KYC policy which means that users’ anonymity is preserved and everyone can trade without passing any identity check.
Alongside non-custodial trading, DTX Exchange provides full control over assets and does not hold users’ private keys. DTX Exchange also offers advanced trading tools, such as real-time data analysis and customizable bots to enable traders to achieve their goals with accuracy. Currently, in the presale phase, DTX Exchange has already attracted more than $13.1 million in funding.
The value of the DTX token has risen by over 700% to $0.16. Holders enjoy benefits such as reduced trading fees, staking rewards, and voting rights. Given the features, the price of the DTX coin is expected to hit $1 soon, giving the crypto ICO a chance to get it at a low price.
DTX Exchange Emerges As The Best Crypto Investment For Gains In 2025
The DTX Exchange has established itself as a leading DeFi contender to Solana (SOL) and Ripple (XRP). Bridging the gap between the TradeFi and DeFi space, DTX Exchange allows users to trade multiple assets at low cost. This feature could attract a large number of users in the coming days, increasing the adoption and price of the DTX coin.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Join The DTX Community
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