DTX Exchange has been all the buzz in the crypto sphere with its innovative trading methodology. The AI-powered trading platform has introduced unique features that have attracted investors ever since its launch.
Established altcoins like Polkadot (DOT) and Chainlink (LINK) seem to be overshadowed by the emerging platform, as the whales of these altcoins jump on the bandwagon of the emerging platform in order to achieve explosive gains.
Polkadot (DOT) Price Analysis: DOT To Reclaim Its Momentum
Polkadot (DOT) has continued its upward trajectory as it nears the crucial $5 level. After its recent price struggles had shaken investor confidence, reclaiming this level will be crucial for DOT.
However, analysts had always backed the asset and its potential, stating it was massively undervalued. Polkadot (DOT) has been in the green since last Friday, steadily climbing as it sheds its recent bearish sentiment with buyers taking control. By Sunday, DOT had risen to $4.39, with buyers attempting to push above $$4.50. It remained positive on Monday, registering an increase of 2.05% to settle at $4.48.
On Tuesday, it reclaimed the $4.50 price level after a 0.89% increase pushed it to $4.52. Polkadot (DOT) broke above the 20-day SMA on Wednesday after a 3.32% increase and settled at $4.67, and a marginal increase on Thursday pushed DOT to $4.69.
The current session has seen buyers continue to push Polkadot (DOT) towards $5. The token is currently up by 1.92% and trading at $4.78. After enduring a downward trajectory that began in March, DOT’s recent upward trajectory could mark the end of sustained bearish sentiment that has plagued the altcoin.
Analysts Reveal Strong Buying Sentiment For Chainlink (LINK)
Chainlink (LINK) exhibited a bullish trend today, with its price rising to $11.54, marking a 1.97% increase within the past 24 hours. The digital asset experienced a low of $11.30 and peaked at $11.72. This upward movement indicates positive sentiment among investors, pushing the price closer to resistance levels.
The current chainlink support level is around $11.30, providing a base for potential price corrections. On the other hand, the resistance level is positioned at $11.72, which the asset tested today but was not sustained.
Chainlink (LINK) has shown a positive trend on the daily price chart. The asset has been climbing steadily after testing support levels near $9.00 earlier this month. The current price action suggests that bullish sentiment prevails, pushing the price above the $11.50 mark. The recent gains indicate buyers are stepping in, which could lead to upward movement if the momentum continues.
Regardless of the bullish activities of these established players, crypto giants are tilted towards the emerging TradFi platform, as it provides 100x returns to early investors.
DTX Exchange (DTX): A One-Stop Shop!
DTX Exchange (DTX), an emerging altcoin, has become the latest sensation on the investment block. The AI-powered platform combines the best elements of CEX and DEX. It stands out due to its solid fundamentals and impending transformation of the global trading industry. Low-cap investment and astounding growth are the major factors contributing to its appeal.
The ongoing presale offers a good, perhaps the best, opportunity to become an early member of the DTX community. DTX token is priced at just $0.04 in the second round of the ICO, with a staggering $1.5 million raised so far. Mere participation in the presale guarantees a 200% gain by the launch date, not to mention a projected 50x upswing after its market debut.
In light of the above, it is primed to outclass top crypto coins like Polkadot (DOT) and Chainlink (LINK). Further, its hybrid exchange protocol is set to compete with established players. It will allow the trading of diverse assets across TradFi and DeFi, making it a new player to watch out for.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.