DTX Exchange is a new hybrid exchange that combines the functionality of centralized and decentralized technology. The project presale has raised over $2 million in private seed rounds and public offerings. DTX token has already doubled from the initial price, and the expectation is that it will become 6x before the launch.
As the presale proceeds, investors from different communities, including Toncoin (TON) and Aave (AAVE) are taking positions in DTX. The real question is will DTX be able to surpass these coins soon? We will discuss the price prediction of three coins – DTX Exchange (DTX), Toncoin (TON), and Aave (AAVE).
Toncoin (TON) Reversal From 50MA, Break Or Reversal?
On the 5th of this month, Toncoin (TON) reversed from the 200-day moving average, and from there, it has moved 35%; now, the price is facing resistance from the 50-day moving average, which indicates the short-term momentum in the price.
This level for Toncoin (TON) is crucial because it is trading near the ATH, and a breakout from here can push the price into new territory. The recent shift of investors from the Toncoin (TON) into the DTX Exchange has also affected the price. It will be interesting to see if Toncoin (TON) can repeat the rally that happened in February earlier this year.
Smart Money Expecting 6x Return Before Listing From DTX Exchange
DTX Exchange was launched in June, and its presale has gained tremendous response from investors. The initial price for the DTX coin was $0.02 in the first stage, and currently, the price is $0.04; according to their economies in the third stage, the price is going to be $0.06, and the final launch price is expected to be $0.12.
We cannot predict the after-launch price, but from the current level, the price will at least move 300% before the launch. One of the reasons for many investors betting high is the margin of safety DTX Exchange is providing.
Aave (AAVE) Trading In The Shakeout Base
Aave (AAVE) has not been affected much by the recent correction; Its price has remained in consolidation mode for the last three months. Aave (AAVE) tried to break the $114 resistance level but fell back in the base after the rejection from the level. In the last three days, Aave (AAVE) price has increased more than 15% and is trading in the high.
Important resistance levels are—$108, $118, and $133. At these levels, Aave (AAVE) can face some supply. Similarly, support levels on the downside are—$97, $90, and $76. Volume has also increased in Aave (AAVE), indicating that the move can come in either direction soon.
DTX Exchange Best Chance For InvestorsÂ
DTX’s trading platform offers innovative features and a user-friendly trading experience. With over 120,000 trading assets available, the platform empowers traders through distributive liquidity pools and strong security measures.
At the heart of DTX Exchange’s ecosystem is its utility token, DTX. Holding DTX tokens unlocks benefits like reduced trading fees and voting rights in governance. If you purchase DTX worth $100, you will be eligible for the $1 million giveaway.
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