The crypto market is showing potential bullish signals after a long period of downward movement. Two top coins – XRP and Solana, are showing over 5% gains on their price charts. Meanwhile, the crypto community is looking forward to the launch of Pullix, a hybrid trading platform where investors can buy and sell cryptocurrencies, indices, forex, and commodities.
XRP (XRP) Predicted To Enter the $0.7 Region
In the latest XRP news, this cryptocurrency is trading in the green zone. Data from CoinMarketCap reveals XRP price today has increased by 6.0%, placing it among the top performers.
The market cap of XRP has increased from a low of $22 billion in early July to $34 billion. Also, the cryptocurrency’s value is up on the monthly time frame with double-digit profits. Within this period, the XRP price USD was green for 20 days, a bullish signal.
Coincodex forecast the value of XRP could rise to $0.730528 in the next trading sessions. This forecast is based on the Ripple vs SEC case drawing to an end. With Ripple favorites to win the case, the price of the altcoin could explode.
Solana (SOL) Surpasses Moving Averages
In the last month, the value of Solana (SOL) has been on a rapid increase. Data from the Solana price chart on CoinMarketCap shows there is a double-digit gain of 39.7% on the monthly time frame.
Solana price USD is still bullish on the weekly and biweekly charts. The altcoin is trading above the 50-day and 200-day SMAs thanks to the recent upsurge it has experienced. Ali Martnez’s Solana price prediction says the coin’s price could soar to $1,000 soon.
Following the launch of Ethereum-based ETFs, all attention has turned to Solana. Franklin Templeton has reaffirmed support for SOL ETFs, increasing the probability of a price surge.
Pullix (PLX) Exchange Launch Around the Corner
Pullix (PLX), a platform for the trading of cryptocurrencies like XRP and Solana, CFDs, commodities, and indices, is set to launch its platform over the coming week. This upcoming launch comes after Pullix completed one of the most successful presales over the past year. The initial price of Pullix was $0.04 Pullix has increased by 100% to trade at $0.08 right now.
Pullix aims to create a comprehensive trading experience, addressing key issues inherent with trading exchanges by harnessing the benefits of centralized (CeFi) and decentralized (DeFi) systems. It has integrated online OTC trading elements, ensuring high-level liquidity, easy and fast transactions.
Regarding the platform, Pullix has many features for its users. Firstly, there is a copy trading option. With this option, they can copy the trades of professionals who have experience and good trading records. Secondly, there are over 100 different assets to trade, attracting traders from all angles of the market.
With the features listed above, analysts believe Pullix’s trading platform will attract a large number of users, helping it to rival top giants like Binance and OKX. Also, unlike Binance and Coinbase’s stringent KYC processes, Pullix’s Non-KYC allows users to quickly sign up and trade in minutes.
In Conclusion
XRP and Solana are showing double-digit gains on the monthly charts. Analysts predict their prices could increase in the coming weeks. Meanwhile investors are turning their attention to Pullix, an upcoming exchange that will go live in the coming weeks. The platform offers investors many features – copy trading, fast transactions, a range of tradable assets, and more.
For more information regarding Pullix see links below:
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