Toncoin and Bittsensor Attempt To Break Out of Bearish Streak As DTX Exchange Emerges Investors’ Favorite After 300% Pump
Over
the
past
few
months,
the
prices
of
top
crypto
coins
like
Toncoin
(TON)
and
Bittensor
(TAO)
have
gone
down
the
charts.
While
the
U.S.
elections
have
caused
a
massive
increase
in
price
for
TON
and
TOA,
their
long-term
bearish
streak
has
forced
investors
to
seek
alternative
bullish
tokens.
DTX Exchange (DTX)DTX Exchange (DTX)“>
DTX
Exchange
(DTX)
has
been
one
of
the
biggest
gainers.
The
price
of
DTX
has
increased
by
about
300%
since
the
start
of
its
blockchain
ICO.
Looking
ahead,
analysts
forecast
its
value
could
also
increase
by
5x
in
the
next
few
months.
Such
potential
growth
has
made
DTX
Exchange
a
favorite
among
investors.
Toncoin
(TON)
Price
Rebounds,
Analyst
Says
Wave
5
Is
Coming
Despite
its
connection
with
Telegram,
the
Toncoin
crypto
has
been
trading
under
bearish
sentiment
in
the
past
month.
The
performance
of
the
token
has
been
underwhelming.
According
to
CoinMarketCap,
the
value
of
Toncoin
(TON)
has
dipped
by
5.1%
on
the
7-day
timeframe
and
9%
on
the
30-day
level.
Currently,
the
Toncoin
price
is
trading
below
the
$5
mark.
Analysts
say
it
must
recover
this
level
to
increase
the
chances
of
an
uptrend.
However,
the
token’s
14-day RSI14-day RSI“>
14-day
RSI
is
at
30,
which
is
a
bearish
sign.
Nevertheless,
analysts
like
CryptoBullet
believebelieve“>
believe
the
ongoing
correction
could
end
soon.
In
a
recent tweetrecent tweet“>
recent
tweet,
he
told
his
followers
that
Toncoin
(TON)
is
testing
previous
areas
for
support.
According
to
him,
Wave
5
is
coming
soon,
which
might
send
the
price
of
the
cryptocurrency
soaring
up
the
charts.
The
analyst
forecasts
the
value
of
the
Toncoin
token
could
soar
to
a
target
of
$12-$15
in
the
coming
weeks.
Bittensor
(TAO)
Price
Starts
Uptrend,
Can
It
Wipe
Current
Losses?
While
the
rest
of
the
market
is
in
profit,
Bittensor
(TAO)
is
showing
losses
of
3.0%
on
the
weekly
timeframe
and
20.1%
on
the
monthly
level.
The
value
of
the
AI-focused
altcoin
has
been
on
a
downtrend
in
the
past
month
after
losing
the
$650
level,
according
to
CoinMarketCap’s
data.
However,
the
Bittensor
crypto
is
showing
upward
movement
on
the
daily
charts.
The
token
has
triggered
a
bullish
reversal
and
is
pushing
for
a
new
wave.
The
Bittensor
price
has
increased
from
$420
to
$520,
fuelled
by
the
ongoing
US
elections.
Don.Inj
forecastforecast“>
forecast
the
value
of
the
Bittensor
coin
could
soar
to
$750
in
the
near
future
if
the
upward
trend
remains.
The
cryptocurrency’s
14-day RSI14-day RSI“>
14-day
RSI
is
currently
rising
and
has
crossed
40,
a
sign
that
more
buyers
are
entering
the
market.
DTX
Exchange
(DTX)
Price
Ready
for
Another
Potential
5x
Surge
The
recent
performance
of
DTX Exchange (DTX)DTX Exchange (DTX)“>
DTX
Exchange
(DTX)
has
been
terrific,
rising
by
more
than
300%.
The
project
has
raised
over
$6.7
million
in
funding.
Analysts
predict
the
price
of
the
DTX
coin
could
soar
by
5x
from
its
current
price
of
$0.08.
DTX
Exchange
is
revolutionizing
the
trading
market
by
offering
the
best
combination
of
CEX
and
DEX
while
providing
users
with
the
most
efficient
trading
platform
on
the
market.
Additionally,
DTX’s
architecture
supports
fast
transactions
characteristic
of
CEXs,
but
still
incorporates
essential
features
of
DEXs
like
decentralization,
creating
a
secure
and
user-oriented
platform.
DTX
is
also
different
from
traditional
exchange
in
that
there
is
no
need
for
the
Know
Your
Customer
(KYC)
process
to
verify
users’
identities,
enabling
people
to
trade
anonymously.
Combining
CEX
efficiency
with
DEX
autonomy,
DTX
Exchange
provides
an
opportunity
to
trade
forex,
stocks,
cryptocurrencies,
ETFs,
and
other
financial
instruments.
This
feature
makes
it
possible
to
trade
various
markets
within
a
single
interface.
In
a
world
where
users
want
it
all
–
convenience
and
control
–
DTX
Exchange’s
hybrid
model
could
be
the
game-changer
that
investors
need
to
enjoy
a
secure
and
fully
integrated
trading
experience.
Conclusion
While
Toncoin
(TON)
and
Bittensor
(TAO)
are
both
losing
steam,
DTX
Exchange
is
emerging
as
the
new
darling
of
investors.
The
platform’s
hybrid
model,
absence
of
KYC,
and
potential
price
growth
make
it
one
of
the
best
cryptos
to
buy
now.
Learn
more:
Buy PresaleBuy Presale“>
Buy
Presale
Visit DTX WebsiteVisit DTX Website“>
Visit
DTX
Website
Join The DTX CommunityJoin The DTX Community“>
Join
The
DTX
Community
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