After a large liquidation last month, the crypto market experienced an uptick in prices in the first week of March, with the XRP price soaring to $3. However, the XRP coin failed to break above and has dropped to the $2.6 range following the upsurge. However, the hype surrounding top memecoins like Shiba Inu is gradually fading.
The price of SHIB is still bearish despite the recent market uplift. Surprisingly, a new entrant, DTX Exchange (DTX) is emerging to take center stage. Currently, in the blockchain ICO phase, the value of the DTX could rise by 2x upon launch and 20x in the subsequent months.
Ripple (XRP) Price Skyrockets To $2.96
The XRP price has seen a notable uptick in the first few days of March. The uplift comes after Donald Trump, the president of the United States, announced a US Crypto Reserve which has Ripple as one of the coins. Presently, CoinMarketCap data shows the XRP price has risen by 7.2% in the weekly timeframe.
The altcoin witnessed a sharp increase from $2.23 to $2.96 before retracing to lower levels. Given the recent uptrend, the XRP price has broken above the $2.50 resistance. If bulls hold the altcoin above this level, the XRP price could retest the $2.90-$3.00 range in the coming days.
An analyst called Auzsomeaustin2 told his followers the XRP price could skyrocket to $3.85 based on two factors. They include the approval of a Ripple ETF and if the US SEC drops its lawsuit. He mentioned that the securities regulator had already dropped its case with Coinbase and OpenSea.
Shiba Inu (SHIB) Predicted To Reach $0.0000743 If Key Support Holds
Over the past week, the Shiba Inu price has been trading between $0.00001315 and $0.00001513. Although the memecoin’s price reacted positively to the news of a US crypto reserve, CoinMarketCap data shows the Shiba Inu price is still bearish. Its value has declined by 5.3% on the weekly timeframe and 25.1% on the monthly level.
Notably, the Shiba Inu price movement has been bearish in the past month. The memecoin’s value lost significant support levels amid the liquidation in the general market. Nevertheless, Investinghaven notes the Shiba Inu price could rise to $0.0000743 in 2025 as long as the $0.0000133 support holds.
The analyst argued that a breakdown might weaken the positive Shiba Inu price prediction. Based on technical analysis, the meme coin is under mixed sentiment. While the VWMA (10) shows a sell signal, the Hull Moving Average (9) flashes a buy signal which supports a Shiba Inu price upsurge.
DTX Exchange (DTX): A DeFi Token With Potential for Massive Growth
Although, the XRP price could rise to new levels in the coming week, so can this low-priced gem called DTX Exchange. Its value has risen by about 800% to $0.18 in the past few months. DTX Exchange is revolutionizing trading through the provision of a single platform that combines centralized and decentralized finance.
At the core of this ecosystem is the DTX token that provides access to a wide range of functionalities within the platform. DTX tokens are necessary for users to use the platform and its services, such as trading, access to special offers, and voting on platform-related matters. DTX Exchange stands out due to the availability of more than 120,000 asset classes, including cryptocurrencies, stocks, forex, and ETFs.
It also provides a set of professional tools for trading that can improve the experience and effectiveness of the users. Tools like AI bots, data analytics, and dashboards enable traders to make informed decisions. Furthermore, DTX Exchange does not follow the KYC (Know Your Customer) policy which means users can remain anonymous while trading.
Ripple and DTX Exchange Emerge As The Best Cryptos To Buy
Analysts expect the XRP price to cross the $3 level in the next few days. While the hype around Shiba Inu continues to decline, new DeFi projects such as DTX Exchange have risen up to fill in the gap. This DeFi giant has a comprehensive trading platform that has attracted over 700k users. With the potential price increase on the way, DTX Exchange is a good crypto to buy now.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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