The altcoin market looks poised for a massive upsurge in the coming weeks based on the forecast from crypto analysts like Titan of Crypto. The analyst told his followers in a recent tweet that AltSeason has arrived.
Cryptocurrency experts predict a 1,200% increase in the price of Cardano (ADA) and a 1,000% rise in the value of DTX Exchange. Meanwhile, a leading Turkish bank has now included Ripple (XRP) in its mobile app, indicating that more and more conventional institutions are embracing digital currencies.
Ripple (XRP) Added To the Mobile App of Second Largest Bank in Turkey
Garanti BBVA, the second biggest private bank in Turkey, has widened the list of cryptocurrencies on its mobile app to include Ripple (XRP). The major Turkish bank revealed this decision in a recent notice available on its official website. Garanti BBVA’s decision to include Ripple XRP in its mobile application has caused excitement in the crypto community. Many believe this move could open the road to more adoption by major banks.
In the meantime, the Ripple coin continues to trade above the $0.5 mark on the monthly chart. Its market cap has been consolidating between $28 billion and $34 billion on the monthly timeframe. The cryptocurrency is currently trading above the 50-SMA ($0.570597) and 200-SMA ($0.550857). Coincodex forecasts that the Ripple price could increase to $0.708564 in the coming weeks.
Cardano (ADA) Flash Strongest Buy Signal, Price Surge Coming
Cryptocurrency trader ‘TradingShot’ on TradingView claims that Cardano (ADA) has just given the ‘strongest buy signal in one year,’ thanks to the bullish cross on the one-week Logarithmic Moving Average Convergence Divergence (1W LMACD).
This is the first time this pattern has emerged in the stock since October 2023, which shows that the altcoin is in a new phase of the bull rally. In addition, the trader said that the Cardano coin has been trading below the 50-EMA ($0.43323) since May, a situation that may lead to a breakout.
TradingShot also said that the current state of Cardano ADA is “similar to the previous Bull Cycle.” The analyst forecasts the Cardano price could surge to $5, an increase of over 1,200% from its current range. The sentiment surrounding the cryptocurrency is currently bullish based on the 14-Day RSI (68) and Hull Moving Average (9).
DTX Exchange (DTX) Set For Massive Price Surge As Interest Increases
DTX Exchange (DTX) is among the best-performing top ICOs in the market right now. Analysts forecast the price of its native token could increase by 1,000% in the coming months. DTX Exchange is a new trading platform that is revolutionizing traditional finance with new features. The project with a hybrid infrastructure has attracted over $3 million in funding from investors while seeing a 200% price increase to hit its current price of $0.06.
With its hybrid model, AI functionalities, and access to large trading markets, analysts believe the platform will see large growth in the coming months. The issues of high gas fees and slow transaction speed, which are characteristic of the old exchanges, are solved by DTX Exchange. This platform is an AI-based platform that is developed on the Ethereum network. DTX Exchange allows its users to trade different market instruments, including cryptocurrencies, indices, forex, CFDs, and many others.
Traders can access over 120,000 assets from the $714.7 trillion OTC derivatives market from a single platform without using multiple devices. Because of this, industry experts believe DTX Exchange will attract a lot of attention and become the most used trading platform. This is why they believe DTX can surge by 10x before the year ends.
Best Cryptos To Buy Now – Cardano (ADA) And DTX Exchange (DTX)
With Cardano (ADA) ready to soar high, DTX Exchange is gaining more spotlight, given that it is expected to increase by 1,000%. This potential leap puts DTX Exchange in a competitive place in the crypto space, especially for investors seeking high returns.
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