ADA Market Analysis; SHIB Bulls Charge In as DTX Crosses $2.6 Million in Shocking Raise

The crypto market is coming into full mode for what it’s been trying for the past few months – a fresh rally. Cardano (ADA) has increased around 15% from the recent swing low and has given a V-shaped recovery.

This time is the third time base support of Cardano (ADA) around the $0.3 zone, and the demand has also been strong as the price is now sitting above the 50 DMA. In the last 24 hours, Cardano (ADA) has increased slightly, while in the last seven days, it has increased over 7%, pushing the market cap to $12.8 billion.

Despite the gains, Cardano has lost its position in the top 10; the recent incline in Tron’s price has pushed it out of the top 10 list. Cardano (ADA) is currently ranked #11th. Going forward, $0.4 is a psychological resistance level that Cardano has to face to clear the overhead supply and start a fresh trend.

We have seen a broader market recovery; despite this, Shiba Inu (SHIB) has not recovered from its low. Since last week, Shina Inu’s price has been trading in the $0.000013 to $0.000014 range. Shiba Inu (SHIB) has not yet cleared the short-term moving averages of 10 and 20 and is trading around it.

This weakness in Shiba Inu (SHIB) has made investors change their portfolio, book some positions in Shiba Inu, and buy other potential coins with higher chances of growth in the coming rally. Shiba Inu whales have shifted their focus towards the exchange platform DTX, which can lead the rally.

DTX Exchange’s recently introduced L1 blockchain will be the core of its platform. It aims to offer a hybrid trading system with fast transactions, no KYC sign-up requirements for full privacy, and access to over 120,000 asset classes, including gold, stocks, and cryptocurrencies. This setup could attract millions of traders to the DTX Exchange.

In the current stage, each token is priced at just $0.06, and savvy investors quickly buy them before the price goes up. With strong potential and real-world use cases, DTX tokens are a presale opportunity not to miss.

Learn more:

• Buy Presale
• Visit DTX Website
• Join The DTX Community