2024 hasn’t been good for momentum in cryptocurrencies, but it has given rise to some of the best altcoins that have the potential to dominate the market in the future.
Leading the pack, DTX Exchange (DTX) has crossed $2.6 million with over 6,723 holders of the coin. This hybrid exchange has been crowned as the best presale, and experts predict that it will have reached $4 million by the end of October.
Meanwhile, other altcoins, including Celestia (TIA) and Avalanche (AVAX), struggle to complete the reversal pattern. This article will provide a technical analysis of Celestia and Avalanche and the prospects of DTX Exchange.
Celestia (TIA) Crossed $6, Eyes For New Highs
After nearly touching the launch price of $2.60, Celestia (TIA) has crossed the $6 level with a recent momentum burst. The Fed rate cut has positively impacted the crypto market, and this rise might indicate a new trend in the market. In the last 24 hours, Celestia (TIA) has gained 16%; in the previous seven days, it has been up over 40%.
According to the technical analysis, the coin’s trend change will be confirmed if Celestia (TIA) crosses the $8 resistance level. The next resistance could be the 200-day moving average; behaviour of Celestia (TIA) around 200 DMA will affect the price in the long term.
Avalanche (AVAX) Trading Volume Increases By 80%
Price action in Avalanche (AVAX) has been weak compared to other coins in the market, but the exponential increase in trading volume indicates traders’ higher participation in the coin. After Avalanche was rejected from $25.78, it took support from the 50-day moving average, again pushing the price to a new breakout.
If Avalanche (AVAX) continues the uptrend, the next two resistance levels are $27.9 and $33. The immediate support levels in case of downside are $22.9 and $20.5. These levels on both sides are crucial because they will decide the demand and supply in Avalanche (AVAX).
DTX Exchange (DTX) Third Stage Presale Successful
Although the uptrend in TIA and AVAX is uncertain, DTX Exchange’s third stage presale exceeded market expectations. Its impressive performance, speed, and global reach make it a top player in the trading industry. DTX has gained solid investor confidence with unique features and successful audits. DTX Exchange is making waves with its innovative L1 blockchain technology and is gearing up for a strong market debut.
The platform offers access to various financial assets, including cryptocurrencies, equities, forex (FX), and contracts-for-difference (CFDs). With up to 1,000x buying power, distributed liquidity pools, and non-custodial wallets, DTX Exchange is positioned as a major contender in the crypto space.
DTX Exchange also rewards regular traders, active users, and even passive participants through its loyalty program, offering DTX Tokens. This approach fosters user engagement and builds a loyal community.
Learn more:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
