The current market sentiment has pushed certain cryptocurrency projects to prominence while some have failed to benefit from the broader market shift. Chainlink (LINK) and Avalanche (AVAX) are among those networks that display intermittent rallies in their respective areas, while DTX Exchange (DTX) has gained traction for its widespread adoption among investors.
Chainlink (LINK) Lines Up Strong Developments
Chainlink (LINK) is renowned for its decentralized oracle network and is currently viewed as a lucrative opportunity due to its current price consolidation between $9 and $11. Chainlink (LINK) analysts forecast a potential breakout for LINK holders, signaling the upcoming week as a critical buying window before an anticipated rally.
Chainlink (LINK) is known for securing smart contract capability enabling smooth integration with numerous blockchain platforms, making it an MVP in the deFi sector. Chainlink (LINK) is headed for a potential breakout amid the recent developments in the crypto market. Expert analysts predict that Chainlink (LINK) could hit a jackpot in the coming months.
Analysts back their statements through the network’s price pattern. Chainlink (LINK) is currently trading for $10.46 per token with a 24-hour trading volume of $234.49 million, which has dipped by 4.7% (approximately $10 million). Chainlink (LINK) holds a decent $6.5 billion market cap, which is said to take off once Chainlink (LINK) enters the bull cycle.
Avalanche (AVAX) Signals a Bullish Price Rally In Q4
Currently fluctuating between $24.21 and $29.39, Avalanche (AVAX) might be preparing for a massive breakout. Its recent price performance over the past week has alerted investors as it secured a 2.5% surge in the last seven days with 14% monthly gains. Surprisingly, Avalanche (AVAX) has taken a shaky hit of over 42% in the last six months.
Avalanche (AVAX) has its nearest resistance level at $31.84 and support at $21.48. More technical indicators like the Relative Strength Index at 47.72 and MACD at -0.07 suggest a neutral sentiment for Avalanche (AVAX). The Simple Moving Averages for 10 and 100 days are closely aligned around the $26.5 mark for Avalanche (AVAX).
According to the analysts, if Avalanche (AVAX) overcomes resistance at $31.84, its trading value might surge to $37.02. Once Avalanche (AVAX) touches that point, the rally will continue with an additional 28% surge. However, if the projected outcome doesn’t occur and Avalanche (AVAX) fails to beat the resistance level, it could slip below $21.48 or more.
Presale Powerhouse DTX Exchange Outshines Avalanche (AVAX)
As Avalanche (AVAX) and Chainlink (LINK) display mixed signals amid the broader market shift, DTX Exchange (DTX)has taken over with its cutting-edge L1 blockchain technology and skyrocketing presale. So far, its explosive presale has raised nearly $4 million in a record-breaking timeframe.
DTX Exchange (DTX) takes pride in offering a convenient and robust trading environment for its users. The platform infuses next-gen trading options to help retail traders make the most of the exchange. DTX Exchange is gradually improving its ranks to become one of the most highly popular crypto exchanges in the volatile crypto market.
DTX Exchange Defies Market Sentiments: Presale Turns Bullish
From its launching days to now when it is popular among every investor in the market, DTX Exchange (DTX) has defied market sentiments with its growing popularity. Investors have been seen flocking from established altcoin projects to this emerging deFi sensation for its state-of-the-art infrastructure and Ethereum blockchain.
As DTX Exchange prepares for a grand $0.20 listing in Q4, Chainlink (LINK) and Avalanche (AVAX) investors sell their assets to join this platform to land high ticket profits and benefits like governance votes and proposals as well as entitlement to potential air drops in the near future. Join DTX’s booming presale before it climbs to $0.08 in the next round!
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