Over the past few days, the Ethereum price has been trading sideways due to the downtrend in the market. Meanwhile, Cardano has gained a lot of attention since its inclusion in the US Crypto Reserve. Its value has skyrocketed by over 46.9% in the past week.
Similarly, DTX Exchange (DTX), a new DeFi coin, has been trending, attracting investors who are seeking high returns on their investments. It is currently in the crypto ICO stage and has given early investors up to 800% returns. The value of DTX will rise by 2x upon launch, positioning it as a good crypto to buy.
The Ethereum price continues to consolidate between $1.8k and $2.2k in the weekly timeframe. While bulls have attempted to break out of this range, they have met with resistance at the upper level. Currently, CoinMarketCap confirms the Ethereum price is under a bearish attack.
The Ethereum coin price has dropped by 1.7% on the weekly timeframe and 32.1% on the monthly level. On the other hand, Ali Martinez forecasts the Ethereum price could soar toward $3k–$4k. Ali told his followers the Ethereum price has been trading in a parallel channel and is currently testing the lower boundary.
If the Ethereum price reclaims the $2.35k level, the analyst believes it could rise to $3k–$4k. Meanwhile, technical indicators like Stochastic Fast (14) and Williams Percent Range (14) are in the buying territory and support an uptrend. In other news, the number of Ethereum deposits into staking contracts just reached a peak of 1.94 million.
In a recent tweet on X, Ali Martinez told his followers the ADA price could rise to $2 soon. Martinez explained that the DeFi cryptocurrency has been trading within a right-angled descending broadening wedge. Ali noted that the ADA price has to break out above $1.14 to trigger a potential rally to $2.
Another analyst called Lucky forecasts that large-cap projects like Cardano could skyrocket in 2025. He posted a chart where the ADA price was trading in a descending channel before a breakout occurred.
Lucky forecasts the ADA price could pump past $1.8 in the next few weeks. Before then, the ADA price is trading between $0.6 and $1 on the weekly timeframe. In other news, whales have bought over 420 million ADA since Donald Trump's US Strategic Crypto Reserve announcement at the beginning of March.
With the Ethereum price trading sideways, investors are moving to coins with good potential like DTX Exchange (DTX). Currently, in the presale phase, DTX is trading at $0.18. Its value has risen by 800% and will jump by 2x soon. Meanwhile, DTX has raised over $16 million and has a community of over 700k users.
One unique offering of DTX Exchange is tokenized Exchange-Traded Funds (ETFs). With more than 1,000 tokenized ETFs available on the platform, it becomes a link between the traditional financial market and the crypto world, which gives users diversified investment instruments that were previously unavailable in the crypto space.
Meanwhile, DTX Exchange has a unique platform called VulcanX blockchain. This blockchain is built to integrate with various types of assets such as stocks, indices, commodities, bonds, forex, and cryptocurrencies. This flexibility makes it possible for traders to trade a wide range of products in one integrated platform, which is convenient and efficient.
While the Ethereum price remains range-bound, investors are gearing towards top DeFi projects like Cardano and DTX Exchange. Their prices have skyrocketed in the past week with the potential to rise higher in the coming months. So, investors who are looking for the best cryptos to buy can consider ADA and DTX.
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