Tron and Ripple are among the top 10 coins in the world in terms of their market cap. The founders of these coins are billionaires due to their past outstanding returns. TRX has been a leader in the ongoing bull market, while the price of XRP has faced some struggles.
For diversification, Tron and Ripple holders are investing in DTX Exchange, one of the top projects for 2024. Even some cryptocurrency founders have parched DTX, looking at its fundamental growth in the future. We will discuss the price prediction of TRX and XRP and will also see why DTX Exchange is attracting billionaires to its presale.
Tron (TRX) Shakeout Weak Buyers In The Failed Breakout
Last month, Tron gave a breakout of the last swing high and the near-overhead resistance of $0.168. However, immediately after the breakout, the TRX price reversed, hitting the stop loss of the buyers who had taken positions on the breakout. This is a classical breakout failure pattern; now, TRX has to take support near the resistance zone and form a constructive price action for a strong breakout.
Currently, Tron is trading above the 20-period moving average, while the 50-period, which coincides with the $0.16 support zone, is the major buying zone. If TRX breaks above the resistance zone, the all-time high level of $0.179 is the local resistance.
Ripple (XRP) Struggling In Multi-Year Correction
The feud between Ripple and the SEC started at the end of 2020 and has severely impacted the XRP price. After the crash in 2021-22, Ripple has not been able to reach the $1 level. For the last three years, XRP price has been trading in the $0.3-$0.75 range and has been unable to break the upper resistance.
Ripple has a market cap of $28.91 billion and a 24-hour volume of over $1 billion. It is currently positioned at #7th in the overall crypto market. XRP price is trading below the 200-DMA, which shows the coin’s long-term bearish pressure.
DTX Exchange (DTX) Top Contender In November With Presale Aiming $7 Million
DTX Exchange is dominating the crypto market with a unique proposition in the exchange industry. With Tron, DTX has led the market in the early bull, rising 300% from the first stage. Currently, DTX Exchange has raised $6.67 million and is aiming to achieve $7 million by November 10th. This target was for November’s end, but due to the high demand, the DTX presale will achieve the $8.5-$9 million mark by the end of November.
DTX Exchange is the first hybrid exchange that is fully decentralized but integrates the features of traditional finance and provides investments in digital assets like crypto, NFTs, and RWAs. The DTX blockchain runs on the L-1 VulcanX, which was developed to reduce fees and increase the speed of exchange.
DTX also integrates the AI order flow system, which ensures a smooth experience without problems with huge slippage and order glitches. With this high-tech execution technology, DTX Exchange provides 1,000x leverage, which could be helpful to novice traders with small capital.
Experts say DTX Exchange is the best altcoin to invest in November, with the potential to turn modest investments into large gains after its launch. They highlight this as an ideal time to secure early positions.
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