The bullish sentiment around Bitcoin, Solana, and DTX Exchange networks has sparked excitement among the investor communities.
Bitcoin (BTC) Death Cross Imminent?
Bitcoin (BTC) is nearing a critical support level as its price chart surprises investors by forming a death cross pattern. The death cross pattern indicates a possible reversal when a short-term moving average crosses below a long-term moving average. This sudden shift in price performance might gear up Bitcoin (BTC) for a potential breakout.
Even though the 50-day and 200-day moving averages surrounding Bitcoin (BTC) have raised questions about the asset’s potential and future price movements, expert analysts are eyeing higher gains for Bitcoin (BTC) after it received projections to reclaim its $70k legacy.
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While the investor community is doubtful and hanging between becoming a part of the largest cryptocurrency by trading volume or not, the crypto whales are moving closer to pumping up the demand for Bitcoin (BTC), optimistic about its bullish breakout. As of today, Bitcoin (BTC) is trading at $55,797 with a 24-hour trading volume of $1.10 trillion.
Solana Struggles: SOL Down 14%
As a long-term Ethereum (ETH) rival, Solana (SOL) has taken a massive hit amid the bearish market sentiment. Solana (SOL) hasn’t recovered from its continuous decline for over a month now. Currently, Solana (SOL) is near the $128 level after plunging 14% within the last 30 days, with signs of a potential rebound.
Even though the technical indicators of the Solana (SOL) network do not appear to be in its favor, some analysts claim that the Solana (SOL) price might see a strong reversal after a prolonged bearish period. Its massive financial backing of a $60 billion market cap might pull investors back into the Solana (SOL) network and bring inflows.
As of today, Solana (SOL) is trading at $129.60 with a 24-hour trading volume of $2.06 billion.
Crypto Enthusiasts Eye DTX Exchange as Presale Bags $2.5M
As DTX Exchange secures $2.5 million in its skyrocketing presale. Even though this DeFi exchange entered the market a few months back, the major and established cryptocurrencies have lost their spotlight in front of this emerging hybrid platform.
The DTX Exchange has gone viral after its impressive layer-1 blockchain protocol hit a massive rally, raising $2 million in a private seeding round with a record-breaking $100,000 raise in one day. The platform has sold over 11 million DTX tokens so far, with over 8,000 unique token holders and over 13,000 more who joined the exchange recently.
DTX Exchange Crushes Presale Records
Crypto enthusiasts flocking from different crypto networks are after the DTX Exchange’s growing user base and high presale momentum.
Learn more:
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Visit DTX Website
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