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The crypto market may experience changes as key assets are near important levels. Binance Coin (BNB) has reached a critical point and could either go up or down in the coming weeks. Meanwhile, analysts forecast the prices of Solana (SOL) and DTX Exchange (DTX) could increase by 5x in the coming months.
DTX Exchange is currently in the fourth phase of its cryptocurrency ICO and has raised over $6.4 million as investors believe it could make a huge impact in the $36.5 billion crypto trading platform market.
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www.thecryptoupdates.comBinance Coin (BNB) Faces Mixed Sentiment
Analyst Crypto Yapper recently shared an update on Binance Coin (BNB), which he said is close to a major point and a “breakout.” The analyst states that the price of the Binance Coin crypto is coiling in a very tight range between $550 and $600, according to CoinMarketCap’s data. This indicates that BNB is close to making a breakout. Such compression could lead to a break out in either direction, upward or downward. Crypto Yapper posted a price chart that showed Binance Coin price soaring to $680 in the case of an upward breakout. On the flip side, the analyst said the value of the altcoin could drop to $540 in the case of a downtrend. Currently, the focus is on this breakout as the next step of Binance Coin BNB will define its movement in the near future.Solana (SOL) Price Could Pump To $1k If Trump Wins
Crypto enthusiast JChains has predicted that if Donald Trump became president and removed taxes on US-based cryptocurrency firms, the price of American-based crypto assets could likely skyrocket. JChains mentioned Solana (SOL) as a potential winner from such a policy change. While Solana (SOL) was developed in California and the Solana Foundation is headquartered in Geneva, the analyst is bullish about SOL. They forecast the Solana coin could rally to $1000. This is an increase of 5x from its current price level. The Solana crypto has been consolidating between $130 and $180 on the monthly timeframe on CoinMarketCap. The cryptocurrency is showing mixed sentiment on the price chart after a recent downtrend. However, the VWMA (10) is showing a buy signal. So, we could the Solana price retest the $180 level soon.DTX Exchange (DTX) Potential Price Forecast Of 5x
Think about the world in which CEX’s high speed and security merges with DEX’s decentralization and freedom. This is what DTX Exchange is all about. DTX provides a platform where traders can trade over 120k assets without submitting KYC forms. The policy of no sign-up KYC required is something that will be welcomed by traders who prefer to remain anonymous. DTX does not require users to provide identity verification, hence preserving their privacy. DTX utility token serves as the currency for the platform and enhances value for users in the process. DTX token holders are eligible for advanced analytics tools, lower charges for trading, and voting privileges. That is why, as DTX develops, token holders are not mere onlookers but rather decision-makers about the platform’s further evolution. With over $6.4 million raised in its presale and a number of features that are aimed at both privacy and performance, DTX Exchange is set to become a universal platform suitable for all types of traders, from newbies to institutional ones. Analysts forecast the price of the DTX DeFi token could rise by 5x from its current price of $0.08before the year ends.Final Thoughts
As we now witness Binance Coin (BNB) at a very crucial point, investors should watch out for Solana (SOL) and DTX Exchange. Analysts say these top altcoins could rally by 5x in the coming months. Such potential gains make them the best cryptos to buy at the moment. Learn more: Buy Presale Visit DTX Website Join The DTX CommunityPost Views: 98
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