The anticipation in the cryptocurrency market toward January is rising. Ripple's XRP is still on its outstanding rise, and many indicators hint at meteoric flight soon. There are two underdog contenders set to get along quite well in the next bull run: Fantom (FTM) and DTX Exchange (DTX). Many things in this article that will be discussed are about the digital currency hype and current performance reviews, which excite investors about the upcoming New Year.
In December 2024, the XRP price surged to new heights and has continued surging until now. XRP, which is at around $2.20 as of the 21st of December, is up 93% in the past month. Ripple (XRP) currently ranks as the fourth-largest cryptocurrency according to market capitalization, behind Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), respectively. The launch of Ripple's stablecoin, Ripple USD (RLUSD), has added a boost to XRP's positive momentum, leading to increased trading volumes.
However, the analysts are quite bullish on XRP's prospects, even estimating price targets as high as $20 for the near term. More modest forecasts put XRP at around $4 by January, a huge upside from current levels. Bitcoin has given XRP a boost, and it has broken through resistance, which is one reason analysts are calling for a run to $4. Technicals, on the other hand, are looking good, with a possible break above $2.60.
Regulatory optimism with the SEC and Ripple’s wins over the SEC are also giving investors confidence, whales are accumulating big time, and the overall market is bullish, so those are some of the reasons why XRP is expecting big gains in the coming months.
Although it may not have been the most obvious candidate for the crypto race, Fantom (FTM) surged above 40% just ahead of its Sonic upgrade. The new name and Sonic main net are expected to boost Fantom's performance, including between-the-nodes speed and cost efficiency.
According to the recent chart, FTM has been on a strong upward move for the past month, from around $0.68 in late November to a high of $1.40 in early December and then back down to $0.96 by December 20. Despite the pullback, the overall trend is still up.
FTM has found a support zone between $0.90 to $1.00 and the previous high of $1.40 is the key resistance level everyone is watching. If FTM breaks above that, the following targets could go even higher, up to $1.60 or more. Plus, its RSI has gone into overbought territory during this move, so there is demand. Although it’s off the recent high, these indicators say FTM is set up for more upside if it can get back up and above its nearby resistance.
Ripple (XRP) and Fantom (FTM) are in the headlines already, but in a hush-hush way, DTX Exchange (DTX) can be a game-changer in the crypto space: six stages into presale. DTX raised a whopping $10.4 million token value at $0.12.
DTX Exchange has a different approach to crypto trading. It is the first crypto-native platform with stock, today's forex, ETFs, and over 100,000 currency pairs. DTX Exchange links more bits of the traditional world with the crypto world. Alongside that, investors can leverage up to 1000x with multi-high-liquidity trading opportunities.
It is a rapid expansion of the DTX ecosystem, which has been added to over 300,000 wallet addresses already known. The VulcanX blockchain reported an outstanding 100,000 transactions per second during its test net, which guarantees users very high speeds and efficiency.
The DTX governance rights and profit-sharing plan feature most for investors. Token holders can affect future products, and more significant holders can participate in the Rebate Program to enjoy the benefits of the platform's successes.
The new year brings a lot of anticipation for the state of the cryptocurrency market in January 2025. Ripple's XRP continues to surge as indicators are on their way to mark a $4 price level, in addition to Fantom's FTM getting traction with its Sonic upgrade. DTX Exchange (DTX) is also looking good for an underdog with its creativity in the trade and precise presale performance.
Therefore, with this legal clarity for Ripple, the technological developments for Fantom, and the new money-earning features introduced by DTX, such cryptocurrencies promise to move heaven and earth with the next bull run. Always do your research concerning this volatile and yet rewarding arena, as investors do.
Find out more at the DTX Website, grab presale tokens, orjoin the DTX Community on Telegram.
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