Ripple Forms Bull Flag, Ethereum Targets $5K, but This DeFi Coin Promises Bigger Gains
January 3, 2025
TonythebullBTC has discovered a potential bull flag formation on the Ripple (XRP) chart that could lead to a price surge in the coming months. The analyst forecasts that the value of XRP might rally to $13. Also, ZAYK Charts forecasts that the price of Ethereum (ETH) could reach a new all-time high of $5k in the next three months.
Meanwhile, a DeFi cryptocurrency is stealing the attention of the community after attracting more than $11.2 million in funding and offering early investors a staggering 600% profit. Unlike traditional trading platforms, DTX Exchange is redefining the crypto trading space and providing unique features for traders.
Ethereum (ETH) To Hit $5k in Three Months
A top analyst called ZAYK Charts has posted a bullish prediction for the Ethereum token. According to him, the value of the altcoin could reach $5k in the first three months. This prediction comes after Ethereum (ETH) broke out of a descending channel last year. Another analyst called SatoshiFlipper also weighed in on the price movement of ETH.
According to them, the Ethereum price could rally to $4k soon. However, it must go through a 25% correction followed by a triangle consolidation. Currently, the altcoin price is on an upward movement. It has been trading between $3,309.16 and $3,431.09 in the past week, per CoinMarketCap.
Its losses on the weekly and monthly timeframes have reduced to 0.7% and 6.0%. Based on technical analysis, the sentiment surrounding the Ethereum coin is becoming positive. First, the relative strength index is rising. Also, the Hull Moving Average (9) shows a buy signal which means bulls are gaining momentum.
Ripple (XRP) Forming Bull Flag, Massive Rally Incoming
A crypto analyst called tonythebullBTC believes this year could be a bullish one for Ripple (XRP). He has highlighted the formation of a potential bull flag on the XRP chart. If the flag is valid, Tony forecasts the Ripple crypto price could surge to $13.
While he acknowledged that it was beyond his former predictions, he said it was not impossible. Meanwhile, the analyst posted a chart that showed the effect of the same bull flag in November 2024. At the time, the Ripple price skyrocketed by 485%. TonythebullBTC is expecting the same price surge in the coming months.
At the moment, the Ripple coin price is consolidating between $2.01 and $2.42 on the weekly chart. Its value has risen by 5.2% in this timeframe, signaling high buying pressure from investors. The Fear and Greed Index is showing GREED. Also, the Williams Percent Range (14) and Stochastic Fast (14) are flagging buy signals.
DTX Exchange (DTX) Bringing Unprecedented Trading Freedom
DTX Exchange (DTX) is a leading trading platform that will revolutionize the trading sector through a dual exchange model that is a hybrid of CEX and DEX. This revolutionary approach allows traders to get as much freedom, flexibility, and access to privileges. Also, DTX Exchange provides users with anonymity by removing unnecessary KYC signup procedures which take a long time.
This strategy appeals to privacy-minded traders who want to engage in the business without attracting attention. The platform has one of the largest selections of asset classes available for trading; there are over 120,000 asset classes including cryptocurrencies, shares, forex, metals, and CFDs, ETFs. This list is very vast, which gives traders and investors a wide chance to hedge their bets and invest in various types of assets.
DTX Exchange also taps Into the VulcanX blockchain which enables trading activity to take place with lightning speed. This high speed coupled with direct access to both the traditional and crypto markets makes DTX a perfect trading platform for newbies and professional traders. At the moment, in the seventh stage of the presale, the DTX token costs $0.14.
Why DTX Exchange Could Outshine Top Crypto Coins In Q1 2025
While Ripple (XRP) and Ethereum (ETH) are aiming for new price levels this year, investors are advised not to overlook low-cap coins like DTX Exchange. The new giant could be the best performer of the quarter offering smart investors up to 10x gains. The presale is a good opportunity to join the platform before it launches.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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