The DTX Exchange presale has captured market interest after its $6 million milestone was completed in a record-breaking time. Following this success, memecoin investors ditched Dogwifhat (WIF) causing a minor retraction in the blockchain. Whereas Solana whales offload SOL tokens and pump DTX Exchange’s presale round 4 at $0.08 per token.
Solana (SOL) Flips BNB Blockchain With Price Jump
Following Donald Trump’s victory on Tuesday, Bitcoin and the majority crypto market rallied strong, with BTC hitting a new all-time high. Within the altcoin sctor, Solana has dominated its rivals with more than 17% gains in the last 24 hours, soaring all the way to become the fourth-largest crypto by market cap while leading BNB blockchain.
Trump’s resounding victory has got the crypto community talking about the potential launch of a spot Solana ETF under the Trump administration. Many analysts think that it will open the doors for several other crypto ETFs in the market.
Source: TradingView
Future SOL Price Outlook
On the daily technical chart, the Solana price is showing notable strength. This sentiment is forming an inverse head and shoulders pattern. At the time of writing, the SOL price is trading at $186.57, above its $183 key resistance level. The SOL price has formed a golden cross, with the 50-day and 200-day moving averages crossing above each other.
Dogwifhat (WIF) Price Could Rebound By 30% If This Happens
Dogwifhat (WIF) price has dipped by 3.7% in the last 24 hours, raising the question of whether it can sustain this decline or drop lower. Technical indicators point to a bearish trend that could shift bullish. Dogwifhat (WIF)’s RSI is showing that it is not yet overbought, allowing room for additional gains without immediate correction risks.
Additionally, if Dogwifhat (WIF)’s ADX sustains strong levels, it will support a long-term trend that could enable a golden cross if short-term EMAs cross above long-term ones. If Dogwifhat (WIF) turns bullish, WIF may target higher resistance levels, while failure to sustain the uptrend could bring the price back toward key support zones.
Although Dogwifhat (WIF) has dipped more than 3% in the last 24 hours, it still hasn’t reached the overbought zone, as seen through its 58.30 RSI level. These technical indicators place Dogwifhat (WIF) in a neutral stage, suggesting that while there has been a recent price increase, the buying momentum hasn’t reached extreme levels.
AI Crypto Worth $0.08 Per Token Challenges Crypto Giants
DTX Exchange (DTX) has disrupted the entire cryptocurrency ecosystem with its first-ever unified blockchain ‘VulcanX.’ Following the blockchain upgrade, DTX Exchange experienced an increased user influx in the platform. As of November 7, the platform consists of 175,000 active users on the exchange.
The platform aims to create an inclusive, secure, and technologically advanced financial body. It enables anyone, regardless of their background or location, to participate in the global financial markets and benefit from blockchain technology. DTX Exchange offers access to advanced tools and APIs that allow traders to automate and execute their trading strategies precisely.
DTX Exchange (DTX) Pulls Memecoin Investors With 300% Rally
Given the recent minor retraction in the Dogwifhat (WIF) blockchain, memecoin investors have offloaded the majority of their assets belonging to the network and moved to the emerging deFi project DTX Exchange (DTX). This happened after Dogwifhat (WIF) slumped by 3% in the last 24 hours, and DTX’s presale maintained its bullish rally amid the short-term bearish market sentiment.
As Dogwifhat (WIF) and Solana come with strong financial backing, DTX Exchange (DTX) is in a head-to-head competition with the two after its presale went viral. If you’re on the lookout for a stable and high-performing presale project, DTX Exchange (DTX) is the right opportunity to join as an early investor and cash in big profits. Join now!
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