Altcoins took the cue from Bitcoin (BTC) last week, trending upwards on their respective charts, even up to double-digit gains. Dogecoin (DOGE) and Ripple (XRP) are among the first tokens to get hit by market correction, and it remains to be seen if both tokens will break through the bearish zone.
Meanwhile, traders seem to have found a replacement for their holdings, a new project breaking out on the Ethereum network. More on it in a bit!
Dogecoin to Face Resistance on Its Way Up
Meme coins are heavily linked to Bitcoin and its price movements, and this time, they didn’t disappoint. Dogecoin is currently trading at $0.105, which is 8% better than its valuation last week.
But that profit margin might not hold in a few days. Reports show that the DOGE token will reach $0.115 in its surge but experience some resistance there. Even after beating that, there is one more stop on its way to two cents at $0.128.
However, should Dogecoin scale its immediate resistance levels, it will become the support level needed to sustain its profits. There’s a lot for Dogecoin traders to decide on in the next few days.
Ripple’s XRP Hits Block at $0.60: Will It Rebound?
XRP has been trading in a range since the token got into a legal brawl with the US SEC. Every time the commission launched a fresh appeal, the Ripple price dipped some more. The XRP traders have been through it for the past few years, and Ripple’s underwhelming gains in the past week have not helped their confidence.
Now that the SEC lawsuit seems to be reaching some resolution of sorts, one would expect XRP to be improving at every chance it gets. However, the pace at which Ripple is going is not at all impressive.
The token is still caught beneath the $0.60 mark, trading at $0.58 and 1.5% weekly gains. Whether or not Ripple will be pulling out of the bearish zone is not clear, and its traders are already moving to more promising tokens.
DTX Exchange: Pool Profits From Different Portfolios
The ROI might not seem like much, but the DTX Exchange presale really is one of the most reliable ways to recover any losses from 2024 at the moment. Then again, the profits on DTX go far beyond the presale as investors and traders will have a field day on the platform as soon as it launches.
For traders, there are numerous trading assets to choose from for your portfolio. Any trader worth his salt knows that a diverse portfolio is the key to managing trading experiences. It gets even better when you realize they are not all about crypto tokens alone.
DTX is truly diverse, and there will be assets from the stock and Forex markets to add to the variety. Throw in a lightning-fast blockchain and a multi-wallet that features Web3 applications, and you get the whole of DeFi and more on DTX Exchange.
For investors, the DTX tokens are bound to keep rising in price, as the use cases will keep attracting users from the crypto-verse and beyond.
Profits on Every Stage of the DTX Presale!
DTX is currently worth $0.06 per token in Stage 3 of the public presale, and one sure way to get easy and quick profits is to invest now and expect a 33% ROI in Stage 4 or even 100% ROI when the project launches at $0.12.
DTX presale could be the start of a very long line of profit streams. Buy some DTX tokens today and get familiar with the project!
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