Savvy investors are now waiting for the Christmas rally and seeking potential coins that can outperform the market. Analysts predict that the crypto market will experience another parabolic rally between Christmas and the New Year, similar to November’s rally.
Fantom (FTM) and Ripple (XRP) have long been known for their dominance and large market caps. During this correction, they are currently available at discounted prices from their ATH. However, their size limits their upside, but the financial backup could propel these coins to a new high at the next rally.
Expert investors who seek small-cap coins with higher upside potential are pushing into the DTX Exchange presale for its emerging sectoral strength. DTX Exchange has disrupted the crypto market with cutting-edge hybrid technology and 500% ROI in the presale breakout. Some experts claim that DTX could soon retrace the path of FTM and XRP.
Analysts Eye $2 Target For Fantom (FTM) Post Reversal
Fantom (FTM) was in the discussion before the crypto bull rally started because of the early breakout. The rally started in August and topped at the high of $1.47, a 451% gain before the profit booking started. Currently, Fantom (FTM) is hovering over the $1 zone; this is a very crucial support zone because this is the last chance it could form a reversal. If this support zone breaks down, Fantom (FTM) could fall to the $0.80 support level.
Courtesy: TradingView
Recently, Fantom (FTM) has returned to the spotlight with a new development: Sonic. This rebranding isn’t just about a new name but a bold leap forward. The Sonic mainnet introduces advanced features and big promises, reshaping Fantom (FTM)’s role in the crypto market with a fast, compatible, and innovative ecosystem.
This marks a fresh chapter for Fantom (FTM), which once peaked at $7.93 billion in total value locked (TVL) in the past. According to DeFiLlama, its TVL has dropped to an average of $95.9 million. With developments and investors backing, FTM could reach the $2 target.
Ripple (XRP) Awaits Resolution With SEC
Ripple continues to speak out in its legal battle with the U.S. Securities and Exchange Commission (SEC), urging the agency to restore its credibility. Stuart Alderoty, Ripple’s top legal officer, has called on the new administration to address the lingering issues tied to the case. The dispute, which has dragged on for four years, centers on claims that Ripple’s sale of XRP tokens violated securities laws by not being registered.
As compared to other altcoins, the profit booking in Ripple is minimal. In the last seven days, XRP has dropped just 9%, driven by hopes of a more favorable U.S. regulatory environment and the launch of RLUSD trading on major platforms. However, XRP has followed the broader market downturn due to the correction, trading at $2.25.
DTX Exchange’s Momentum Indicates a Potential Rally This Christmas
DTX Exchange (DTX) has taken the crypto world by storm with its unique innovation in the trading industry. With the first-ever hybrid protocol, this platform combines the features of CEX and DEX in its advanced trading architecture. DTX presale has raised $10.52 million in the sixth stage, with 92% of the token sold in two weeks of the current stage. Currently priced at $0.12, the DTX token is experiencing massive investor interest.
DTX Exchange (DTX) offers remarkable features like a diverse asset range, including cryptocurrency, stocks, forex, and bonds. The outstanding 1,000x leverage is another highlight of the platform, which significantly amplifies potential profits for traders.
As the 6th stage of the presale is near the end, the token price will increase in the next stage. With the presale continuing, crypto investors continuously add DTX to their portfolios as it promises long-term gains.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
