While the crypto market continues to grow, more experienced analysts are looking at a titan that may enter the market soon — DTX Exchange. As Tron (TRX) and Dogecoin (DOGE) are facing resistance, DTX Exchange is steadily entering the scene as a crypto to buy for gains.
Analysts are convinced that DTX Exchange is the next performer ready for rapid growth. It is currently in the presale phase, and has raised over $4.8 million, and is looking likely to hit $7 million this year.
Aeon Integrates With Tron (TRX) To Streamline Crypto Payments
Aeon, a payment protocol, announced that it had integrated the Tron network as its crypto payment infrastructure. The partnership, according to Aeon in a press statement, “will create new avenues of Nonstop Crypto Payment within the TRON network.”
The integration will enable dApps on the Tron blockchain to accept crypto payments through Aeon, making it easy to implement other payment types, as seen with subscriptions and tipping. In other news, the Tron coin is showing profit on the weekly, biweekly, and monthly timeframes.
The token recently soared to a weekly peak of $0.164 before succumbing to bearish pressure. However, Tron (TRX) is still very bullish based on the 14-day RSI, which is above 60. Given the positive sentiment around TRX, analysts forecast the altcoin price could jump to $0.179355.
Dogecoin (DOGE) Price Outlook
Dogecoin (DOGE) has been on an upward movement in the past week, jumping from a low of $0.1038 to a high of $0.1188. While the memecoin faced selling pressure at the upper level, it is still trading in the green region. It has gains of 7.0% on the weekly timeframe and 10.6% on the monthly timeframe.
The 14-day RSI of the Dogecoin crypto has crossed the 50 mark and is now rising to the overbought region. This is a bullish momentum and could lead the gains in the coming trading sessions.
Price analysis shows that if the Dogecoin token can break the resistance at the $0.12 region, it would pump back to $0.13. Nonetheless, if the bears seize control, the Dogecoin price may see its correction to $0.10. A drop under that mark could take the cryptocurrency lower to $0.090 in the next few weeks.
Momentum Builds for DTX Exchange (DTX), Shows 10x Growth Potential
DTX Exchange (DTX) started its crypto ICO on a good note and continues to shine while other coins are battling with bears. As of now, the DTX coin costs $0.08 each. It is estimated that the price may increase by 10x to $0.8 before the end of this year. The DTX Exchange project is an upcoming hybrid exchange that will allow the trading of cryptocurrencies, forex, indices, commodities, and Contracts For Difference (CFDs).
The connection to the $714.7 trillion OTC derivatives market gives DTX more potential than other exchanges. It will have new technological features and advanced trading tools that investors and ordinary traders can use to make profits. It also has super-fast transactions, which any trader cannot afford to miss.
In addition, DTX Exchange allows users to trade 1000x leverage with a small amount of their first deposit, meaning that they can earn much bigger profits. The platform has a Unified Wallet where users can store their digital assets.
Why Investors Should Leave Tron and Dogecoin for DTX Exchange
As Tron (TRX) and Dogecoin (DOGE) continue to fight for a break above resistance levels, DTX Exchange is presenting itself as a much more promising investment choice. If analysts are right and it does grow 10x, the DeFi coin could be the dark horse of this fourth quarter. Any investor who is out to scout for the next best thing should consider paying closer attention to this rising star.
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