The fourth quarter of 2024 brings good news for investors as the market sentiment turns massively bullish. Major coins like Ripple (XRP) and Dogecoin (DOGE) exhibit bullish dominance with their prices set to surge in this bull run.
Ripple (XRP) had been struggling for so long, with its case against SEC. The recent bullish momentum brings optimism for Ripple (XRP) while Dogecoin and DTX Exchange are also on the rise.
Ripple (XRP) Price Analysis: Bulls Dominate!
Ripple (XRP) saw a sharp decrease, breaking below the crucial $0.5 support zone at $0.66 due to strong selling pressure. As a result, the 100-day and 200-day moving averages saw a significant decline, emphasizing the strong momentum.
However, once the price crossed the $0.5 barrier, the slide slowed and the price went into a small sideways consolidation, indicating that the selling pressure had been eased. The Ripple (XRP) price behavior indicates little volatility and a surge in market activity despite the consolidation, suggesting a potential retreat toward the already breached MAs.
Bulls are dominating the price actions of Ripple (XRP), as the coin’s value is gradually increasing. There is a complete dominance of green candles on both the daily and weekly charts. Analysts predict further surges for Ripple (XRP).
Dogecoin (DOGE) Price To Soar Due To Pumptober Effect
Dogecoin’s 2024 has been difficult, with few opportunities to gain from a growing industry. Musk referenced the token a few times on X, which caused the price to spike briefly until it settled down into its typical range of $0.10 to $0.18. Dogecoin’s price is currently $0.11, up 1% over the previous day.
Experts predict that Dogecoin’s price could increase by 50% next month due to the “Pumptober” effect. Starting the day at $0.1132, Dogecoin (DOGE) reaches $0.116 with a 2.5% intraday ascent.
The meme coin has increased by over 8% over a week. The bulls have pulled to price above from the lows of $0.105 to the current trading price. Market analysts anticipate further surges for Dogecoin.
Whales Double Down on DTX Exchange (DTX), Presale Crosses $4.7M
The market has been dominated by DTX Exchange, a new decentralized trading platform that yields returns higher than those of traditional finance (TradFi) investments. Plus, it has enormous development potential that can surpass the yearly pay.
Early investors in DTX will profit handsomely as DeFi transforms the whole financial scene in the digital age. DTX Exchange (DTX) is the best ICO in the market right now.
The price of its native token, DTX, is valued at $0.08 and is expected to rise by 10x in Q4. DTX presale fund has also crossed $4.8 million and could hit $5 million before the end of October. DTX Exchange is a centralized and decentralized platform that harnesses the advantage of both models.
DTX Exchange aims to provide investors, DeFi enthusiasts, and liquidity providers with an open, efficient, and transparent network by utilizing the latest advancements in blockchain technology and decentralized ecosystems.
Key Takeaways
October has become synonymous with a bullish takeover for major altcoins as the beginning of the month witnesses massive rallies for Ripple (XRP), Dogecoin, and DTX Exchange. Though the former two are established players in the crypto sphere, DTX Exchange, being an emerging platform, is set to soar further.
Learn more:
Buy Presale
Visit the DTX Website
Join the DTX Community
Read Also: Bitcoin Surges to $67,000 as Institutional Inflows and Policy Signals Bolster Crypto Market
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