The emerging hybrid trading platform has taken the shape of a storm in the DeFi space. Providing 100x returns to the early investors, the growth potential of DTX Exchange knows no bounds. The platform has a unique set of features that make it a trendsetter!
The extraordinary features and unparalleled DTX fame have attracted Chainlink (LINK) and Litecoin (LTC) investors. Whales from LINK and LTC have poured in a massive amount of $100,000 in the DTX presale mania, pushing it to new heights.
Chainlink (LINK) Price Analysis: Bulls Take Charge!
Currently trading near $11.22, Chainlink (LINK) has overcome the resistance at $10.79. Breaking past this level is a stepping stone as it not only challenges the $12.35 barrier but potentially leads to increased price surges.
Additionally, the price of Chainlink (LINK) could rise to $12.94 if the same positive trend continues. If LINK breaks above this barrier, the altcoin may be approaching its six-month high of $13.00, or a 15% increase. A successful breakthrough could increase market optimism.
The Bulls and Bears indicator—a key tool that monitors the number of addresses purchasing or selling big volumes of Chainlink (LINK)—offers more proof that the bulls have been more astute in recent days, supporting the bullish outlook for Chainlink (LINK). This remarkable indicator serves to reinforce investors’ faith in LINK’s enduring worth.
On top of that, the Parabolic Stop-and-Reverse indicator increases confidence. The SAR tracks the direction of an asset’s price and signals when a trend is likely to reverse and this time, this metric has flashed a bullish signal.
Litecoin (LTC) Bears Aim For A Hold Below EMA Trend Lines
The 4-hour price chart of Litecoin (LTC) indicates that bears are becoming more dominant to maintain the altcoin below the EMA trend lines. Bulls, on the other hand, are preparing for a move above the 20-day EMA trend line and fighting a decline in the price chart.
The BoP indicator is trading at 0.83, in a negative area, indicating that sellers are instigating a slight decline. The likelihood of a bullish reversal is increased since the MACD trend line has created bullish candles above the signal line and the indicator strives for positive momentum.
Litecoin (LTC) is under buying pressure as it attempts to break over its resistance level of $65 according to a daily price chart analysis. Right now, bulls are trying to break the bearish pressure with an instantaneous surge over Fib levels.
The 24-hour volume jumped to $3.8 million, indicating that traders were more interested in engaging in trade today. The price of Litecoin (LTC) is currently trading at $63.6 after rising by more than 1.2% during the previous day.
Despite these price actions, the LINK and LTC whales shift to DTX due to its explosive potential!
DTX Exchange (DTX): The DeFi Leader!
As a trailblazer of a state-of-the-art hybrid crypto/fiat trading platform that combines four asset classes—cryptocurrencies, forex, stocks, and CFDs— DTX Exchange (DTX) has gained massive traction and incredible value.
This endorsement confirms DTX Exchange’s status as a significant and exceptional global exchange with an extraordinary, high-end technical infrastructure to handle massive quantities of trading activity and features like a 1000X trading option without requiring KYC.
Furthermore, the introduction of VulcanX from DTX, with its zero-gas-free movement of goods and services and instant availability of trading, makes it easier to use than Chainlink and cheaper than Litecoin. With zero gas fees, DTX Exchange makes it easier to buy, sell, and trade, providing a better user experience.
DTX Exchange appeals for listing as its objective of building an accessible and safe financial environment fits the requirements. The platform has successfully raised over $2.6 million in stage 3 of its presale with a token price of $0.06.
Key Takeaways
Despite impending bullish rallies, Chainlink (LINK) and Litecoin (LTC) whales shift to DTX Exchange (DTX) eyeing its growth potential.
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