The crypto market has soared this November due to revived investor sentiment, leading to an improved bullish sentiment in most tokens. Looking ahead, analysts predict Avalanche (AVAX) could reach $80-$120 in the coming months.
Meanwhile, whales have shown huge interest in Dogecoin (DOGE) and DTX Exchange (DTX). While over 550M DOGE tokens have been bought, investors have helped DTX Exchange raise over $8.6 million. Analysts have dubbed DTX as the best crypto to buy now, as it looks poised to hit the $1 mark soon.
Avalanche (AVAX) May Pump To $80-$120
An analyst called Chris has said that Avalanche (AVAX) is in a breakout on the HTF and has gone above the weekly cloud. He forecasts the Avalanche crypto could reach an initial target range of $80-$120. The analyst predicts $200 and above in the bull market. Presently, the Avalanche coin is trading with 20.8% and 62.3% gains on the weekly and monthly levels on CoinMarketCap.
The cryptocurrency has flipped the 200-SMA at $29.63 into a major support zone. Most of its technical indicators are now in the green zone. With the 14-day RSI crossing the 70 mark, bulls are in charge in the Avalanche price chart. Sustained bullish pressure in the coming days could push the token to the expected $80-$120. However, selling pressure from profit takers could lead to a price dump, which could invalidate the bullish forecast.
Dogecoin (DOGE) Whales Scoop 550M DOGE, Price Uptick Coming
In a recent tweet, Ali Charts noted that Dogecoin (DOGE) whales have purchased over 550 million DOGE over the last seven days. This accumulation is a good sign and shows that whales are optimistic about the Dogecoin price. The memecoin is currently trading between $0.35 and $0.47 on the weekly timeframe.
DOGE has made many attempts to surpass the upper level and reach $0.5 but has failed. Nevertheless, the Dogecoin crypto is still bullish. On the 7-day chart on CoinMarketCap, it can be seen that the price of Dogecoin (DOGE) has increased by 20.5%. On the 30-day timeframe, there is a 214.0% increase.
Looking ahead, experts expect the value of the Dogecoin token to rise higher. KrissPax says the cryptocurrency is trading in a bull flag. He predicts the DOGE’s price could pump to $0.60 soon. The memecoin’s 14-day RSI has crossed into the overbought region, which shows that buyers are in control.
DTX Exchange (DTX) Could Soar To $1 Soon
The DTX Exchange presale is receiving impressive interest from investors, raising over $8.66 million. The price of its native token has risen by over 400% to its current value of $0.1. Experts expect a potential rally to $1 in the foreseeable future. Smart investors are taking advantage of the presale to join the DeFi project. The primary strength that has positioned DTX Exchange to stand out from the rest is its unique trading platform.
DTX Exchange is a multiple-asset trading platform that offers exposure to over 120000+ assets, including crypto, stocks, metals, oil, bonds, etc. This diversity can be helpful in establishing a good portfolio without having to switch from one trading platform to another. The no-KYC policy adds to its perks by enabling users to trade without undergoing long verification procedures.
The project also has a VIP service called the DTX Black Club. This is a special program for traders with at least $10,000 on their balance. Some of the privileges include rakeback rewards, daily and weekly bonuses, level up bonuses, net loss rebates, and cashbacks. The above system not only encourages loyalty but also increases profitability for active traders.
In Conclusion
The best coins to invest in now are Dogecoin (DOGE), DTX Exchange, and Avalanche (AVAX). Analysts are bullish about all three tokens and expect their prices to skyrocket in the coming months. DTX Exchange’s upcoming hybrid platform with a no-KYC policy could attract a large number of users in the coming months, potentially increasing the adoption of the DTX token.
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