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09/12/2024

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Analyst Believes History Could Repeat On Cardano, AVAX And DTX Exchange (DTX) Exhibit Strong Growth Trends | UseTheBitcoin

Cardano (ADA), Avalanche (AVAX), and DTX Exchange (DTX) are dominating the crypto market, and analysts say there might be a repeat of history. Although ADA and AVAX are recording continuous growth, DTX is...

Analyst Believes History Could Repeat On Cardano, AVAX And DTX Exchange (DTX) Exhibit Strong Growth Trends | UseTheBitcoin

Cardano (ADA), Avalanche (AVAX), and DTX Exchange (DTX) are dominating the crypto market, and analysts say there might be a repeat of history. Although ADA and AVAX are recording continuous growth, DTX is emerging as a standout, recording strong upside trends.

As these coins continue gaining momentum, investors are now watching their potential for massive ROI. This scenario positions DTX Exchange as a major player in the next bull run.

Cardano’s Bullish Surge: Analyst Predicts Massive Gains

Cardano has been dominating the crypto space recently with its price uptick. A strong prediction from a renowned crypto analyst, Daardello, raised questions, suggesting that ADA could gain 1,000% against Bitcoin. While Cardano recorded a 3.15% price surge recently, Gambardello’s projection promises something bigger.

Based on Gambardello’s projection of the ADA/BTC technical chart, he believes a major price rally is imminent. His analysis highlights a bullish divergence, and he is confident that Cardano will keep rising since the downward pressure may weaken.

According to the analyst, a similar setup happened four years ago, before ADA’s huge rally against Bitcoin. In 2020, ADA faced a tough market, but it surged over 1,000% after a similar bullish divergence was seen. Gambardello says history could repeat itself, pushing Cardano considerably higher.

In a recent X post, he shared his bullish outlook, which may sound overly ambitious. However, the prediction is grounded in historical data and technical patterns that have resulted in massive price gains previously.

Meanwhile, ADA was valued at $0.3404, up 3.04% in the first week of September 2024. Experts say Cardano will rise to $0.3815 this month, supported by a recovery in the general crypto market.

Avalanche Positioned for a Strong Comeback

Avalanche is a strong player in the DeFi space, gaining attention as a competitor to other major crypto platforms due to its speed and cost-effective transactions. Interestingly, Avalanche has seen notable growth, with many DeFi initiatives going live on its network.

Despite the recent crypto market drop that pushed it into a 73% loss since March 2024, AVAX has entered a consolidation phase. This development has attracted many investors and analysts who are monitoring AVAX’s next moves.

Among them is a reputable analyst and investor, Kaleo, who published a detailed analysis of X, comparing the current AVAX price structure with its performance in 2021. That year, AVAX recorded a huge pump, followed by a steep correction, before recording a massive rally that pushed it to new all-time highs.

According To Kaleo, a similar pattern could unfold, meaning AVAX might be on the verge of a new uptrend. He said AVAX will drop to $20.15 before it starts a strong recovery. Nonetheless, with many developments emerging from the Avalanche platform, AVAX is expected to surge considerably.

AVAX was valued at $23.46, up 7.88% in the first week of September. Experts believe Avalanche will rise to $27.45 this month, supported by developments and partnerships on its network.

DTX Exchange Launches Layer 1 Blockchain: Presale Gains Traction

DTX Exchange recently confirmed the launch of its Layer 1 blockchain, which has gained massive traction, specifically with increasing interest surrounding its presale phase. This blockchain will work as the base for DTX Exchange to build its unique hybrid trading platform.

Notably, the platform will offer users access to 120,000 asset classes, including commodities, cryptos, and contracts for difference (CFDs). Furthermore, DTX Exchange allows users to remain private since it does not need any vigorous sign-up processes, and it does not ask for KYC (Know Your Customer) verification.

Remarkably, the utility of the DTX token is expected to grow massively after the Layer 1 launch, providing benefits like advanced analytics, reduced trading fees, and unlimited access to multiple premium features in the exchange. Market experts believe DTX’s value will increase after it lists on major exchanges before the end of 2024.

All these features and developments help DTX Exchange build a thriving community that is buying into its presale and seeking high returns on investment.]

According to YouTuber Crypto Infinity, DTX’s 1000x leverage appeals to all types of investors looking for huge profits.

What’s more, DTX Exchange’s decentralization promises increased levels of user autonomy and transparency. The decentralized network allows users to trade assets without the multiple shortcomings of relying on a centralized authority.

Meanwhile, DTX is in Stage 3 of its presale, valued at $0.06. Its price will rise to $0.08 after DTX transitions to Stage 4. Moreover, experts say the token will gain 100x after listing on Tier-1 CEX in Q3 2024.

DTX Exchange is Ready to Outdo Major Altcoins!

Cardano, Avalanche, and DTX Exchange have positioned themselves as major players in the dynamic crypto space. Cardano’s bullish technical patterns and Avalanche’s potential resurgence make them viable investments in the current market.

Meanwhile, DTX Exchange stands out with its innovative features, community-powered growth, and Layer 1 blockchain launch. Adding to the fun is the substantial price growth potential of DTX during its presale, making it the best presale coin to invest in!

Learn more: 

Buy Presale

Visit DTX Website

Join The DTX Community


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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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