There is an emerging market trend of recovery as altcoins move towards regaining lost price value. However, there are very limited altcoins that are experiencing this. Meanwhile, top coins like BTC and Ripple are in a bear trend.
XRP price remains under bear pressure as derivative traders continue to let go of their holdings as the overall market interest falls. As one of the most popular cryptos to invest in, Ripple is now the most impacted as its XRP price continues to lose its key resistance points.
This leaves investors searching for reliable investment picks among established chains or emerging projects. This is one of the reasons why the ICO project DTX Exchange is gaining bull momentum with its innovative and high-utility offering. This project is set to change the trading industry with its advanced trading platform.
DTX Exchange’s successful public presale has already raised more than $14.7 million, and there is a lot of potential for profit-making for the smart investor. While Ripple’s XRP price is under consolidation, DTX Exchange has launched a bonus round for investors due to huge demand before it goes to its listing price of $0.2. Investors can pick up the bonus round for just $0.18, which is the last chance for a discounted entry into this high-potential project.
Is Ripple’s XRP Price Consolidating For a New Rally?
After a prolonged bearish phase, the XRP price chart shows some indication of a returning bull cycle. While the XRP price is still down by 19% in the monthly charts and about 4% in the daily charts, there is a rising market trend that could indicate an upcoming surge. The market volume is up by over 22%.
Many crypto experts foresee a fresh surge in XRP price as there is some positive development on the SEC front. As overall news emerging from the SEC is positive, investors expect a fruitful resolution of the longstanding Ripple litigation and positive movement in the XRP price. However, they continue to hedge their bets with investments in the DTX Exchange presale for its 200% surge at launch.
DTX Exchange (DTX) Launching The Future of Trading
DTX Exchange is offering investors and traders an extraordinary approach to digital trading. The platform is built with a cross-over between CEX and DeFi features that allows users to trade between multiple asset classes. This means that traders can trade between cryptos and real-world assets like stocks, forex, and tokenized ETFs.
This opens up access to over 120,000 asset combinations. Supported by the lightning-fast Vulcan X, traders can execute trades in under 0.04 seconds. The Vulcan X is a Layer-1 blockchain that is among the fastest in the industry. Traders are also supported by the innovative Phoenix Wallet, which can store all the asset classes traded on the DTX Exchange.
DTX’s unique value proposition has raised over $14.7 million so far. The presale took off from $0.02, and its current price is $0.18 in a final chance bonus round. Many analysts expect DTX’s value to skyrocket after that in the pattern of Ripple’s 2018 surge.
Conclusion
The markets will eventually move towards a bullish cycle, and the Ripple network’s strength will eventually boost the XRP price. However, there is no definite timeline for this to happen. Meanwhile, the DTX Exchange’s top-notch features are drawing in investors looking for sure gains.
Market experts are monitoring its presale, which will cross $15 million soon. They are certain that DTX’s planned $0.20 listing price and capped supply of 475 million will ensure high growth prospects for the new platform.
To know more about the DTX Exchange ecosystem, check out:
