The crypto market is on the rise as top altcoins prepare for massive pumps. While the great majority of the altcoins will increase, analysts have picked three altcoins that can make you a fortune in this bull run. Ripple (XRP) is expected to reach $2 after crossing the $1.60 mark.
Also, analysts predict the value of Solana could pump to $400. At the same time, whales are actively accumulating a new, promising coin that has attracted everyone’s attention. This new entrant, called DTX Exchange (DTX), is the native token of a hybrid trading platform that promises to revolutionize the trading sector.
Ripple (XRP) on the Verge of Hitting the $2 Mark
Ripple (XRP) is retesting the resistance around the $1.60 level. It is among the best altcoins to watch right now, given its upward movement in the last few weeks. According to data from CoinMarketCap, the Ripple coin price is up 15.2% on the 7-day chart. There is a triple-digit profit of 101.8% and 207.1% on the 14-day and 30-day timeframes.
Mikybull Crypto believes this current rally could push the Ripple price to $2. VipRoseTr notes the cryptocurrency could surge to $1.7560 and $2.0458 in the coming weeks. According to the analyst, the Ripple crypto has a strong resistance around the $1.0840-1.1438 mark, which might as a foundation for the next uplift.
The technical indicators of the XRP coin are currently in support of the potential uptrend. The RSI has broken into the overbought zone and is above 80 at the moment. The Average Directional Index (14) is even showing a buy sign which signals a potential upsurge.
Solana (SOL) Forecasted To Reach $400
Solana (SOL) set the crypto community on fire recently when it crossed its former all-time high to set a new record of $263.83. While many analysts expected the uptrend to continue, the Solana coin has since fallen to lower levels. Data from CoinMarketCap shows SOL has been trading between $220 and $250 in the past few days.
The Solana coin price has dipped 7.8% on the weekly chart, which is a sign of bearish pressure. However, the Solana price is bullish on the biweekly and monthly levels, with profits of 13.7% and 33.7%, respectively. Going forward, Trader Tardigrade believes the Solana crypto is mirroring its price movement from 2021.
If this is the case, the analyst predicts the value of the altcoin could climb to $400 and then $700 in the long term. The Altcoin Scholar experts SOL to climb to a peak of $478.73.
DTX Exchange (DTX) To Bring Huge Changes To the Trading Space
DTX Exchange is revolutionizing the trading industry through the use of blockchain technology. Unlike other trading platforms, DTX Exchange has a centralized and decentralized trading system that allows users to trade faster, securely, and conveniently. The foundation of DTX’s performance is VulcanX, a Layer-1 blockchain that is optimized for scalability and low latency.
VulcanX is designed to process over 100,000 TPS and is one of the fastest blockchains in the market. This strong foundation ensures that traders enjoy fast transactions regardless of the fluctuations in the market. DTX Exchange also allows traders to trade multiple assets including cryptocurrencies, stocks, commodities, and many others, all in one place.
The platform also provides non-custodial storage, which means that traders have full control over their funds, increasing privacy and minimizing the risk of loss due to hacks or exchange collapses. With the platform’s growth, DTX tokens could experience growing demand. Experts believe the current price of $0.1 is a good entry-level for investors who want to join a project with potential.
