Market corrections replace the leaders with new coins that have the potential to lead in the future. Toncoin (TON) has faced many problems with the events around it and has also suffered market losses. Another coin, DTX Exchange (DTX), has emerged to replace it. According to expert analysts, it can be at the top of the exchange industry in the coming times.
Meanwhile, Cardano (ADA) has again shown signs of weakness after rejecting the 0.382 – 0.5 FIB level; Toncoin (TON) has the same price action, while DTX Exchange (DTX) has increased more than 200% in less than a month.
Toncoin (TON) Retraces Back After Touching $5.55 High
The recent news surrounding Telegram CEO Parel Durov has positively impacted the Toncoin (TON) price. After hitting the bottom of $4.45, it recovered around 24%, moving from the low of $4.45 to $5.55. Toncoin (TON) was rejected from the high and is currently sitting at a 20-period moving average.
The $5.13 was a resistance level before Toncoin (TON) broke out, and now it will work as support for the Toncoin (TON) price in case of downward momentum. On the upside, $5.9 and $6.5 will be the two major levels to watch out for, which can work as a supply zone.
Cardano (ADA) Facing Difficulties Around $0.35 Level
Despite the recent development in Cardano (ADA), the price behavior in the crypto is still weak and has not been able to cross near resistances. In the last 24 hours, Cardano (ADA) has decreased slightly; in the last seven days, it is up more than 6%. It has been rejected from the 20-period moving average and is down around 4% from the high.
The current RSI of Cardano (ADA) is 46, which indicates neutrality in the price; however, in the last three days, bulls have taken control. Now, the market will decide on the future momentum of the Cardano (ADA) price.
VulcanX Launch Rocketing DTX’s Demand
DTX Exchange has experienced rapid growth since launching its VulcanX trading feature. This new addition allows users to trade without gas fees, making the platform easier to use in crypto. The platform now offers smoother and more efficient trading by removing gas fees.
The exchange has also earned Solid Proof approval and its smart contracts and operational procedures have been audited for security and compliance. Additionally, investors are attracted to DTX Exchange for its privacy features, which enable anonymous transactions without KYC checks. With lower trading fees, premium features, and 1000x leverage on select assets, including CFDs, DTX has become a popular choice for crypto investment.
After the DTX presale reached $2.6 million, crypto analysts have given many future projections on the project, but the most common is the DTX reaching $0.98 in January 2025; according to them from the current level of $0.06, DTX is providing an upside potential of 1,533%.
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