After witnessing steep losses due to the recent correction in the market, the prices of Chainlink (LINK) and Pepe (PEPE) have pumped above critical levels. Experts forecast both coins could soar to $50 and $0.000032, respectively.
Meanwhile, DTX Exchange (DTX), one of the new DeFi coins, has also piqued investors’ interest. Experts say its value could increase by 10x to $1. Smart investors are currently scrambling to get it at $0.1.
Chainlink (LINK) Breaks Out of Triangle, Targets $50
Chainlink (LINK), one of the top DeFi coins in the market, has caught the attention of analysts due to its potential for growth. World of Charts notes that the Chainlink coin has broken out of a symmetrical triangle. The analyst forecasts the value of the cryptocurrency could pump to $50 in the coming months. Another analyst called Clifton FX gave a similar Chainlink price prediction.
He told his followers the value of the Chainlink token could pump to $53 after a breakout from a symmetrical triangle. In the meantime, the cryptocurrency is bullish on the weekly and monthly levels. According to data from CoinMarketCap, the value of Chainlink (LINK) has pumped 27.9% and 66.2%, respectively. The coin’s relative strength index is still above 60, which is a sign that bulls are in charge. LINK has immediate resistances at $18.69 and $19.57.
Pepe (PEPE) Trades Just Like Dogecoin, Says Analyst
In a recent tweet, a top analyst called Max noted that Pepe (PEPE) is trading how Dogecoin traded last cycle. According to him, the Pepe coin could see a massive leg up in the coming weeks. Bluntz predicts the value of the memecoin might rally to $0.000032 soon if it breaks out of the current price pattern.
Astekz posted a similar Pepe price forecast. They told their followers the cryptocurrency could witness some consolidation for a while. However, Astekz notes the value of the Pepe token might skyrocket once Ethereum starts an uptrend. At the moment, the meme coin has crossed the $0.000020 mark.
Data from CoinMarketCap indicates that the cryptocurrency is up 5.5% in the 7-day timeframe. The rising relative strength index signifies that bulls are back in the market. If the uptrend remains, Pepe (PEPE) could clear the resistance at $0.00002135.
DTX Exchange (DTX) Piques Traders’ Interest With Hybrid Approach
DTX Exchange (DTX) is a blend of the best features of CEX and DEX which aims to meet the increasing need for versatile and effective trading platforms. It offers access to multi-asset trading. Some of the assets available for trading include cryptos, stocks, commodities, and forex. This move allows users to be able to invest in different assets and spread their risks.
In addition, it also means DTX Exchange has access to more liquidity from the $714.7 trillion OTC derivatives market. Another innovation that distinguishes DTX Exchange is the absence of KYC procedures. DTX enables users to trade anonymously, unlike traditional trading platforms. This is suitable for those who value anonymity or have certain limitations due to the laws in their countries.
Another advantage that this DeFi project offers is high leverage. DTX Exchange offers traders up to 1000x leverage which allows them to get high profits with little capital. The platform has advanced tools and even bots to make the entire trading process easy and more profitable.
In Summary
The best coins to invest in now are Chainlink (LINK), Pepe (PEPE), and DTX Exchange. A potential bullish run is hanging on the balance, and these altcoins are expected to be at the forefront. Meanwhile, the DTX Exchange presale is gaining heat as it crosses $8.8 million.
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