Major global events, like the Fed rate cut and the US presidential elections, catalyze the next major bull run in the cryptocurrency market. Choosing the right coin is crucial to capitalizing on this opportunity.
Dogecoin is still showing sluggish momentum amid the market recovery. Dogecoin has fallen nearly 8% in the last two days. On Fibonacci retracement, the current rejection is from the 0.5 level, which indicates the high selling pressure, that is why Dogecoin has not been able to make it to the list we will discuss for the next bull rally. We will discuss the top three coins: DTX Exchange (DTX), Fantom (FTM), and Ripple (XRP). Any of these coins could be the next big thing in the market.
Fantom (FTM) Trading Near The Bull Flag Breakout
From September 7, Fantom (FTM) has rallied 94% to the high of $0.72. After reaching the last swing high, it corrected around 16% and is trading inside the flag and pole pattern. Currently, Fantom’s (FTM) price is trading near the upper resistance of the flag pattern, and buying in the market could break the upper resistance levels.
After the 20-day moving average, the 10 DMA is constantly supporting Fantom’s (FTM) price. If FTM breaks out of the current consolidation, we can soon see it touching the $1 psychological level.
Will Ripple (XRP) SEC Case Settle?
The U.S. Securities and Exchange Commission (SEC) has appealed Judge Torres’s July 2023 ruling, which stated that Ripple (XRP) isn’t a security when sold through programmatic sales. This appeal, now in the U.S. Court of Appeals, has sparked new speculation about a potential settlement between Ripple (XRP) and the SEC during the 14-day appeal window. Attorney Bill Morgan clarified that the SEC has only filed a notice of appeal, not a formal one yet, leaving room for possible negotiations.
Ripple (XRP) will likely stay under pressure until the SEC and Ripple (XRP) submit their court filings. Speculation about the SEC’s appeal strategy and its impact on XRP prices is growing. If the SEC moves forward with the appeal, XRP could drop to around $0.5. On the other hand, if the SEC withdraws its appeal, XRP might surge toward $0.7.
DTX Exchange (DTX) Ready For 2,300% Run Say Price Action Expert
One of the crypto price action experts who was an early investor in Dogecoin and has made millions from early investments has given thoughts on DTX Exchange (DTX). According to him, DTX Exchange is perfectly positioned to take over the exchange sector with its hybrid model and benefits that no other exchange has been able to provide. He also projected the DTX token price to reach $1.56 by the end of the year.
If this projection becomes true, $300 will be invested at the current level, which could turn into $7,800 in the next two months. DTX Exchange’s VIP rebate system has drawn over 50k. DTX coin holders can earn up to 3% of the platform’s revenue through this program, offering an extra income stream and potential price appreciation. This has significantly boosted demand for DTX tokens.
DTX Exchange offers more than rebates—it provides access to 120,000 trading assets, including stocks, shares, foreign currencies, and crypto tokens. With trading options from every digital market, DTX helps traders diversify their portfolios like never before.
While Dogecoin, Fantom, and Ripple remain popular, traders increasingly turn to DTX Exchange. Its features make it an easy choice, but the presale is what grabs attention.
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