After a few highly volatile sessions, the Ethereum price bounced back strongly on Monday afternoon. The rally was partly fueled by a tweet on X by President Donald Trump’s son, Eric, who wrote, “In my opinion, it’s a great time to add $ETH.” This caused an urgency to buy, driving the Ethereum price higher.
Amid this high volatility, DTX Exchange, a new low-cap gem, is rapidly gaining investors’ interest with its advanced technology and innovative blockchain model. As ETH investors expect this turbulence for the next few weeks, many are turning to DTX to participate in the next 10x race. Could this be the next crypto opportunity? Let’s dig deeper to find out.
Ethereum Price Recovers: Will it Cross the $3,000 Supply Zone?
During the recent bloodbath caused by the major economic effects of US tariffs, the price of Ethereum dropped 35% to $2,160. However, ETH rebounded above $2,900 after US President Donald Trump halted tariffs and his son, Eric Trump, tweeted about the coin. Currently, the Ethereum price is trading at $2,700, up 4.72% in the past 24 hours. Despite this strong rebound, the risk of further downfall remains until the Ethereum price crosses the $3,000 psychological zone.
Courtesy: TradingView
The demand zone ranging from a price of $3,670 to $2,780 is a strong support zone for ETH. At the same time, the price area of $2,850 to $3,000 serves as the major resistance zone. These levels are key indicators of the Ethereum price movement and will influence future price action.
Additionally, another resistance has formed near $2,900, where the Ethereum price faced rejection on Tuesday. During the decline, ETH fell below the key moving averages, like 50 and 100 periods, which could also hinder the price growth in reversal.
According to the analytics platform Lookonchain, a dormant Ethereum whale became active after six months of inactivity. The wallet sent $228.6 million worth of Ethereum (ETH) to Bitfinex just before a recent price drop, suggesting that big ETH holders might be exploring better crypto opportunities.
Why is the DTX Exchange Surging Massively?
DTX Exchange (DTX) is one of the most exciting cryptocurrencies, gaining significant attention in recent weeks. The project seeks to address inefficiencies in the $90 trillion global trading market by combining traditional finance with blockchain technology in its superior unified Web3 product.
The project is launching a hybrid trading exchange to revolutionize the finance world by bringing advanced technology to the masses. The platform offers 120,000+ financial assets such as crypto, forex, stocks, and ETFs. Traders can now manage multiple markets from a single account, eliminating the need to open separate accounts for different assets.
Additionally, the platform addresses major problems in traditional exchanges, such as high trading fees and hectic signup requirements. It runs on Layer-1 blockchain VulcanX, which enhances its speed and accuracy. Also, due to decentralization, trading fees are slashed significantly, so traders can enjoy higher profits.
DTX Exchange is currently in its public presale, and tokens are available for purchase. The DTX team has adopted a fair launch model, meaning that everyone has a fair opportunity to purchase tokens at discounted prices. Having risen 700% from the first stage, the token is priced at $0.16 in the final stage, offering investors a low-cost entry into the next crypto revolution.
Final Thoughts
While Ethereum continues to advocate itself as a possible investment through its adoption of new technologies, the DTX Exchange has surprised many in the crypto sector as the best presale altcoin. DTX’s phenomenal presale performance shows that it is a serious contender in the cryptocurrency market. Observe this new player closely as it prepares for its big listing at the end of Q2.
Find out more information about DTX Exchange (DTX) by visiting the links below:
