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Analysts anticipate gains for Ripple and Shiba Inu, while DTX Exchange’s speed sparks bullish sentiment in DeFi markets.
Analysts are eyeing a potential rally from Ripple (XRP) and surging Shiba Inu price. Meanwhile, DTX Exchange (DTX) has turned heads as its lightning-fast execution speeds spread a bullish narrative about the network in the volatile market. According to AI crypto analysts, this new deFi project could be the ‘Solana-Killer’ in 2025, with a high price point far ahead of its current value.
Memecoin analyst observes 3 signals Of SHIB turning bullish
The first major signal for the Shiba Inu price rally comes from the ongoing formation of a cup-and-handle pattern. A cup and handle is a bullish chart pattern named for its unique shape, which sort of resembles a teacup with a smaller, downward-drifting handle. It typically resolves in a breakout, with the upside target measured by adding the pattern’s maximum height to the breakout point.
A 90% Shiba Inu price boom?
As of November 8, SHIB was in the pattern’s handle formation stage, awaiting a breakout move above the common neckline resistance near $0.000020. A confirmed breakout could possibly have SHIB move toward its ‘cup and handle’ target of around $0.000035, which is around 90% up from the current price levels.
Currently, the Shiba Inu price is hovering over the $0.000019 mark with a decent $11.20 billion market cap. While the SHIB network is currently showing a bullish sentiment, its 24-hour trading volume has faced a 24.57% retraction in the last day. It has witnessed a $129.36 million decline from its current $528.52 million trading volume.
Ripple altcoin indicators to hit new ATH?
As Trump has been elected the 47th president of the US, a large number of crypto hopes have been cashing under his name. Trump’s win has helped Bitcoin (BTC) jump to new highs as the States welcomes a pro-crypto president under its government. This has strongly strengthened the prospects of the cryptocurrency domain.
Similarly, Ripple CEO (Brad Garlinghouse) has shared a new checklist on X as administration advice for Trump for his first 100 days as the new president. Garlinghouse encouraged Trump to fire Gary Gensler instantly without delay to ensure the secure future of the overall cryptocurrency sector.
Following this narrative, if Trump decides to remove SEC chair Gensler from his position, it may help Ripple (XRP) to claim new highs, ultimately hitting a new ATH. As per Finders, Ripple (XRP) is due for a surge in the near term. The panel predicts the price of Ripple to hit $0.66 first.
Analyst calls DTX exchange ‘presale giant’ after it raises $7 million
DTX Exchange has been the talk of the town after its resounding success in the deFi sector. As a layer-1 protocol platform, DTX Exchange deploys a comprehensive set of rules and guidelines that determine how the exchange functions, ensuring transparency, security, and efficiency for all participants.
The platform integrates the best elements from both centralized and decentralized exchanges, which strikes a balance between accessibility and security. DTX Exchange has also become one of the most used platforms to trade crypto for its robust scalability and the ability to process high-volume transactions without affecting the flow or security measures.
This $0.08 AI crypto has experienced a high influx of ‘new user sign-ups’ after the platform’s ‘TRUMP’ promo code went live. The exclusive promotion launched by the platform will only last five days and allows users to gain an impressive 75% extra on any deposit, be it $100,000 or $500,000—no cap.
As Ripple anticipated a new ATH after Trump’s presidency and SHIB indicated a bullish sentiment, DTX Exchange’s viral narrative in the market made it stand out in the competition as the most successful AI crypto since its launch. Join now!
For more information, visit the DTX Exchange presale website and join the online community.
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