With a fresh start for Polygon (MATIC) and Ripple (XRP) amid major ecosystem developments, the community is hoping for a bullish comeback. However, as the market fluctuations have caused high turbulence since the past month, the price target of $1 for both cryptos seems unlikely as bullish pressures are not enough to propel the prices to this height.
Market experts favor another emerging AI crypto, currently in presale over the bullish prospects of Polygon (MATIC) and Ripple (XRP). DTX Exchange is rising as a major sensation for its ground-breaking hybrid blockchain and end-to-end trading platform to empower traders with unmatched features.
Will Asian Expansion Trigger $1 Rally For Ripple (XRP)
With the legal dust around the Ripple (XRP) ecosystem settling, the network continues to grow multifold with expansion in South Korea and Japanese markets with its enchanted ledger. While many voices hope for a bullish comeback of Ripple (XRP) above the $1 mark, the chart patterns and supply dynamics paint a different picture for the crypto.
The analysts found a symmetrical triangle formation in the price charts of Ripple (XRP) that poses a bullish signal, however, the $1 landmark is still a far dream for the XRP price due to external market factors. If bulls take over after the payment of the $125M fine, Ripple (XRP) price can soar to the $0.7 support level this month with new and stronger price barriers ahead.
Polygon (MATIC) Will Lose Streak After Upgrade Hype Cools
The Polygon (MATIC) community is riding a wave of excitement with the POL 2.0 upgrade, transiting their MATIC tokens to POL-on September 4. However, the charts display a bloodbath with a 17% drop in the price of Polygon (MATIC), crashing from $0.57 to $0.37 in the last two weeks.
Though the upgrade holds major significance in the history of Polygon (MATIC) and community members are embracing a bullish comeback, analysts see no hope for its price to surge past $1 this year. If bulls gain a stronghold in the upcoming days, MATIC price can grow to surge past the $0.6 support level with expectations to lose streak ahead.
DTX Exchange (DTX) Presale Grows as Whales Move Capital
Among the fastest growing presales of 2024 is the revolutionary DTX Exchange (DTX) platform, with a vision to transform conventional trading norms and equip traders with advanced and top-tier trading features. The hybrid model of DTX Exchange is a powerhouse for its other offerings, providing the best from centralized and decentralized financial models.
Following its exceptional presale performance, DTX Exchange has now raised a whopping $2.4 million in the presale round 2, ready to cross $3 million soon as global inject funds to its cutting-edge initiatives. DTX Exchange sticks to community features and its advanced security features showcase its commitment to decentralized values and user security.
With its 1000x leverage features and AI-backed mechanisms, traders can capitalize on assets from different financial sectors. Such a platform with end-to-end trading solutions is difficult to find in the existing array of marketplaces. These competitive edges can propel DTX price to soar to $1 from $0.06 once it hits the mainnet, suggesting a perfect buying opportunity for early stakeholders.
Road to $1 – DTX vs MATIC vs XRP
While both Polygon (MATIC) and Ripple (XRP) have the potential to blast up with gains amid surging developmental activities, the road to $1 is a bumpy one for them due to lack of enough bullish pressures. However, DTX Exchange (DTX) scores high with its early-stage potential and defaltionary tokenomics, aiming to grow exponentially and yielding significant long-term gains.
Learn more:
