Experts believe the coming weeks will be up only, which is deserving considering the long bear market. Already swinging high, key indicators hint at further gains for Binance Coin (BNB) and Dogecoin (DOGE)—altcoins to watch out for.
Simultaneously, DTX Exchange (DTX), a new DeFi token, stunned investors with its massive upside potential. Its innovative blend of traditional and decentralized finance and a one-stop platform that combines CEX and DEX’s best elements drive huge demand and interest.
DTX Exchange (DTX): The Best Crypto to Invest in?
DTX Exchange (DTX), a novel altcoin at the crossroads between TradFi and DeFi, is the latest investor favorite. The presale has been selling out fast, with the price jumping 25% from the last round and funding hitting $7.8 million.
Behind the rising interest and demand are its novelty and significant growth prospects. It takes an innovative approach to trading by combining the best elements of centralized and decentralized exchanges, notably non-custodial storage solutions, wallet-based trading and an intuitive user experience.
The above will make it a strong contender in the $10 billion global trading market. Meanwhile, a token costs only $0.10 in the fifth ICO round, with industry experts projecting a 12,500% upswing after its debut. Potentially outperforming Binance Coin (BNB) and Dogecoin (DOGE), this is a new DeFi project to watch.
Binance Coin (BNB): Further Gains on the Cards
Binance Coin (BNB), the largest exchange-based cryptocurrency, is popular among retailers and institutions. Despite recently losing the fourth position to Solana, it is poised for a comeback. The BNB price increased over 3% on the weekly chart, hovering above $618. With more gains anticipated, it is among the best altcoins to invest in.
The MACD level (12, 26) hints at further upswings in the BNB coin price. It also trades above the 20-VWMA ($608.7) and 10-EMA ($616.1), which are buy signals and suggest an impending rally. The coming days promise to be exciting, positioned as a top crypto to invest in.
Meanwhile, crypto analyst CryptoFaibik believes BNB will “join the party very soon.” Their mid-term target is $1,000, highlighting a bullish pennant upside breakout and retest. Another analyst, DayPriest, has $1,000 to $1,100 as their price target.
Dogecoin (DOGE): How Much Higher?
Dogecoin (DOGE), the leading dog-themed cryptocurrency, has been one of this month’s biggest gainers. It basks in the spotlight following a remarkable performance, crowning it by flipping XRP in market size. The Dogecoin price soared over 90% in the past seven days, retailing above $0.37.
While there has been a slight dip after crossing $0.43, indicators point to a comeback and fresh gains. The DOGE price trades above the 20-VWMA ($0.278) and the 10-SMA ($0.295), both buy signals. With demand to pick up soon, now might be a good time to buy.
While Arvid Crypto has $0.5 as a short-term target and $1.2 as their long-term Dogecoin target, some are more bullish. Crypto analyst Tinktankfranks believes the popular $1 target is too low, suggesting a rally between $5 and $10.
DTX Exchange (DTX) With More Room for Growth Than Binance Coin (BNB) and Dogecoin (DOGE)
As an up-and-coming cryptocurrency, DTX Exchange (DTX) has plenty of room for growth than Binance Coin (BNB) and Dogecoin (DOGE). This makes it an instant favorite among savvy investors, especially considering its potential transformation of the global trading landscape.
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