The crypto market is filled with different price predictions after the latest market upsurge. Analysts forecast the price of Chainlink (LINK) could soar to $40. Meanwhile, Cronos (CRO) has climbed above Bittensor on the crypto ladder.
On the other hand, DTX Exchange (DTX) has become one of the hottest new DeFi projects because of its connection to multiple markets. The project is currently in the fifth stage of its cryptocurrency ICO and has raised over $7.7 million in funding. Analysts forecast its price could rise by 10x in the coming months.
Chainlink (LINK) Eyes $40 and $100 Long-Term
Chainlink (LINK) is currently trading above the 50-SMA ($11.67) and 200-SMA ($12.84) after a long bearish period. The cryptocurrency’s uptrend began on November 5 after it crossed the $11 mark, reaching a peak of $15.20 on November 12, as per CoinMarketCap’s data.
While selling pressure has stopped the Chainlink coin on its track, it still has gains on the weekly and monthly levels. Also, the cryptocurrency’s Fear and Greed Index is in the Greed region. This signal means that investors still have an interest in LINK. Looking ahead, analysts like RisHad are bullish about the Chainlink crypto.
RisHad forecasts that the value of the token may rally to $40 soon. Also, XForceGlobal says the Chainlink price could soar to $100-$200 in the coming months. Ash Crypto expects a price target of $250-$500 in the next six to twelve months.
Cronos (CRO) Price Skyrockets, As It Outshines Bittsensor
Cronos (CRO), the native token of the cryptocurrency trading platform Crypto.com, has witnessed a massive rally in the last seven days. Price information from CoinMarketCap shows the value of the Cronos token pumped from a weekly low of $0.0847 to a peak of $0.228. Also, the market cap of CRO has increased, surpassing that of Bittsensor and Internet Computer.
CRO is currently consolidating between $2 billion and $6 billion. Meanwhile, PS Trade, a top trader in the crypto market, posted a chart that showed the value of the Cronos coin rising to $0.32518. However, the expert expects a price drop to $0.12 first before starting an uptrend. In another tweet, WhatIsBrewing.cro predicts the Cronos price may cross the $2 level to $2.71 in the long run.
DTX Exchange (DTX) Presale Demand Rises As Analyst Forecasts 10x Rise
DTX Exchange (DTX) is the latest sensation in the crypto market, and it’s proving to be popular among investors. The project has gained more than $7.7 million in presale, while the DTX coin has risen by 400% to reach its current high of $0.1. The reason for this is that DTX Exchange provides access to an incredible number of 120k assets available for trading: cryptocurrencies, equities, CFDs, precious metals, ETFs, stocks, indices, and bonds.
This asset offering gives clients the power to create fully diversified portfolios without the need for separate accounts. It also connects DTX to the $714.7 trillion OTC derivatives market, leading experts to forecast that the DTX coin may spike 10x in the coming months due to demand for DTX’s diversified features. In addition, DTX has a hybrid CEX-DEX model – it is fast and fully secure like CEX and secure like DEX.
Adding to its features, DTX Exchange is a no-KYC exchange where users can trade without revealing their identity and focus on their anonymity. Having a flexible multi-asset structure, a high presale rate, and focusing on user needs, DTX Exchange is expected to become an industry game-changer for traders seeking a reliable, private, and efficient platform in the DeFi market.
Final Thoughts
While Chainlink (LINK) could soar to $40, Cronos has moved past Bittensor due to its recent gains. Meanwhile, analysts are optimistic about the DTX Exchange. They say its value could climb higher in the coming months, making it a top crypto to buy.
Learn more:
