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The crypto market continued its bearish trajectory after Christmas, which failed to trigger a breakout for the altcoin sector as expected. The Ripple community sees red wallets after a major drop due to the Fed announcement, leading the XRP price to slide below the $2.2 support level. Fantom (FTM) also faces heavy declines after Sonic Update hype cools down.
While the XRP price continues a downtrend and Fantom (FTM) bleeds heavily, DTX Exchange (DTX) is stellar crypto continuing its upside trajectory with bullish inflows. As its public demand peaks, Ripple traders accumulate large amounts of DTX tokens before it displays another ground-breaking rally after listing.
DTX Exchange (DTX) revolutionizes the trading sector by delivering a seamless experience through state-of-the-art technology and advanced strategies. With a hybrid blockchain layer-1, end-to-end solutions, and the introduction of 1000x leverage, the platform establishes itself as a frontrunner in centralized and decentralized marketplaces.
The success of its Batch 7 presale, which has already raised over $10.6 million, underscores the platform’s position as a preferred choice for global traders seeking innovation, utility, and bullish gains. DTX Exchange’s offerings, such as advanced automation, algorithmic and quantitative trading, real-time analytics, and cutting-edge risk management tools, provide users with a competitive edge.
DTX Exchange hosts an array of trading options spanning crypto, forex, equities, and CFDs. Anticipation builds around the January 2025 listing on major centralized exchanges after it closed its stage 6 with a price jump from $0.12 to $0.14. The price of DTX tokens is poised to surpass $1 with 100x potential, solidifying itself as a reputable platform ready to make new millionaires this cycle.
Ripple (XRP) emerged as a solid investment, yielding millions for traders who entered before Trump’s election win. However, Fed cut rates triggered a market wipeout that led to $1.2 billion in liquidations, significantly affecting the XRP price trend. Since then, the XRP price has failed to recover, getting rejected multiple times from the $2.4 resistance level.
Despite its RLUSD launch, the XRP price trades below the $2.2 level as sellers dominate due to ongoing legal uncertainties. SEC is trying hard to win the lawsuit over the Ripple Foundation, leaving investors no choice but to sell their Ripple holdings due to the bearish XRP price trend and rotate into other well-performing cryptos for consistent gains.
Fantom (FTM) crossed the $1 mark in December after its Sonic upgrade sparked bullish activity for the crypto. However, as the hype fades out, Fantom (FTM) again faces a hard time surviving the bear market by defending its critical support levels. The crypto has dropped over 16% in the last two weeks, indicating major capital rotation.
Market sell-offs have driven the Fantom price below the $0.90 mark, and more downsides are expected for the cryptocurrency as market volatility is rising with the approach of the New Year. As Fantom (FTM) charts bleed at a heavy rate in the ongoing market dip, the experts say that FTM will hit the $0.80 support in the average-case scenario if the bulls keep themselves out of the race.
Ripple (XRP) and Fantom (FTM) are both wrestling with the challenges of the bear market, while DTX Exchange is simply thriving. The XRP price failed to hold the $2.2 support line weighed by legal uncertainty and heavy selling pressure. Similarly, Fantom (FTM) is trading below $0.90 merely because hype was fading out.
However, DTX Exchange attracts traders with its stage 6 conclusion and a 250% price increase. Emanating as a strong contender for investors, DTX is all set to set new records in the altcoin market following its exchange listing in 2025.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
