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crypto.news 2024-12-13 19:45:10

Analyst sees potential for SHIB as new altcoin and XRP show bullish indicators

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto analyst Astekz sees a bright future for Shiba Inu (SHIB) as DTX Exchange (DTX) and Ripple (XRP) show bullish indicators. Table of Contents Astekz: Shiba Inu has parabolic potential DTX Exchange: A presale star with 500% growth XRP price rises, indicators point to more growth SHIB, DTX, XRP: The first altcoin to surge The crypto market is seeing big price movements, with tokens like Shiba Inu (SHIB) and Ripple (XRP) soaring. Well-known crypto analyst Astekz has forecasted a bullish scenario for SHIB as XRP shows technical indicators in the buy zone. Amid this movement, DTX Exchange (DTX) has shocked investors with its ICO event, with its price rising by 500%. Many experts hint that this crypto coin could be the next 4x token in 2025. Astekz: Shiba Inu has parabolic potential Shiba Inu is one of the meme coin titans known for their strong communities. Analyst Astekz excited this community with his Shiba Inu price forecast. In a new X post, Astekz said that the Shiba Inu price may see a parabolic rise from its current price. Data shows that SHIB has soared from around $0.000025 to over $0.000027 on the one-month chart. The technicals for SHIB also show good signs. The meme coin is valued above its 30-day EMA ($0.000026) and its 50-day EMA ($0.000024). Furthermore, its bull-bear power sits at −0.0000036 in the buy zone, suggesting that bulls are in control. DTX Exchange: A presale star with 500% growth DTX Exchange is making waves in the crypto market with its great presale performance. Notably, this rookie has already given early buyers a 500% return. Since its presale is currently in phase six, more price increases are expected as there are plenty of stages left. The recent CoinMarketCap listing of this altcoin could also open the door to millions of new traders to set their eyes on it. The DTX Exchange will give access to over 120k asset classes like stocks, gold, and crypto coins at 1000x leverage and transaction speeds as fast as 0.04 seconds. Traders are also interested in the DTX token because of all the perks they will get by holding it. For example: Governance voting rights: The ability to vote on important issues concerning the future of DTX Exchange. Revenue-sharing model: DTX holders will get a portion of the trading fee revenue generated by the platform. Staking: DTX stakers will earn up to 15% APY in staking rewards. Currently, one DTX costs $0.12. This price is 500% higher than when this crypto ICO event started at $0.02. Once phase seven starts, DTX will cost $0.14. Not only that, a Tier-1 CEX listing is expected to trigger a rally to $0.20, providing a 66% return for those who buy the altcoin at current prices. XRP price rises, indicators point to more growth XRP is an altcoin showing signs of a breakout. The coin is trading above its 10-day EMA ($2.31). Furthermore, its bull-bear power has an indicator of 0.16 in the buy zone, suggesting bulls could push its value up. The Ripple price has grown over 300% on the one-month chart. In that period, its value moved between $0.58 and $2. Crypto analyst Amonyx took note of this XRP performance. In a recent X post, he told his followers that the next move will be massive for the coin, suggesting a potential surge to $64. SHIB, DTX, XRP: The first altcoin to surge Although SHIB and XRP could see gains down the line, many experts are focusing on DTX. The 500% growth in its ongoing presale shows the potential that it has to surge in a fast period. Since DTX will have a smaller market cap than its peers, it will need less money for its price to rise. Thus, experts foresee a potential 4x surge for DTX in 2025. For more information on DTX, visit their presale , website , or Telegram . Read more: Bluntz predicts breakout for SHIB as DTX and ETH ride bullish wave Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.