Cardano (ADA) was launched in 2017 at $0.02 and made an all-time high of $2.95, rising 14,650% from the listing price. Similarly, FLOKI, under four months of launch, gave a 5,455% return. In the upcoming bull cycle, many cryptocurrencies can replicate the gains of Cardano and Floki.
DTX Exchange (DTX) is topping the priority list of expert investors for an exponential move in the bull market. DTX Exchange is working on the drawbacks of traditional exchanges and intends to revolutionize the trading arena. DTX has raised $4.8 million in the first two days of the fourth stage transition.
Cardano (ADA) Crosses 50-Period Moving Average Resistance
On Monday, Cardano (ADA) crossed the $0.35 resistance level, which coincided with the 50 DMA. This move in Cardano (ADA) is crucial because it may be the start of the uptrend after the long correction and consolidation period. However, the overhead resistance in ADA is very strong at the $0.4 level.
According to technical analysis, Cardano (ADA) has broken out of the falling wedge pattern, but the follow-through of the breakout has yet to be seen. For a fresh trend in Cardano (ADA), there has to be a higher high and higher low formation.
Floki Rejects From Upper Resistance Of Wedge Pattern
Since July, FLOKI has been trading in a falling wedge chart pattern; it has tested the upper resistance four times and support three times. The Floki price has again risen to the upper trendline and has faced rejection. The breakout in either direction will be decisive for Floki’s price action.
Floki’s RSI is currently 58.55, which indicates a trend towards bulls. If the price sustains at this level, more buyers will come. If the $0.00011 support level gets broken, a new lower low breakdown rally can be seen in FLOKI.
DTX Exchange (DTX) Ready For Momentum Burst
DTX Exchange (DTX) has increased 300% in the last two months from the initial price of $0.02. Experts believe this is just the start of the rally, and DTX Exchange has the potential to become the sector leader in the space. The DTX platform brings the features of centralized and decentralized exchanges into one place.
The main attractions of DTX Exchange are its revenue-sharing and staking features. According to the VIP rebate system of DTX, holders will get upto 3% of the platform’s revenue share. With the staking feature, users can earn upto 15% APY, above the industry average. DTX is providing all these features with the possibility of huge capital appreciation, which has made it the best project for 2024.
Apart from all these, DTX provides more than 120k different assets with 1,000 extra funding for buying positions. It also provides advanced trading tools like AI algorithms, copy trading, and various indicators, which can help novice and experienced traders.
It is currently priced at $0.08; according to the potential extrapolation, DTX can rise 10,000% by mid-2025.
Learn more: Buy PresaleVisit DTX WebsiteJoin The DTX Community
The post What If You Could Invest In Cardano and FLOKI Before Their 12000% Rally? Don’t Miss Out On This Cycle’s Top Altcoin appeared first on CoinChapter.
