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Dogecoin (DOGE) Shows Demand From The Retest Zone
Dogecoin (DOGE) has also suffered a correction from the recent market pullback. On Sunday, it dropped to the previous resistance zone from where it broke out last month. At the retest zone, buyers’ response was good, as the Dogecoin (DOGE) price reversed around 5%. Also, after the breakdown from the 10-period moving average, the 20-period strongly supports the DOGE price.
Also, a higher volume has been observed in DOGE’s price volume action. Dogecoin (DOGE) reports have reported 7.72 billion in large transaction volume, an indicator that denotes whale activity. This activity by whales can help Dogecoin (DOGE) form a constructive price action.
Sui Blockchain (SUI) Finds Support At 50-Period Moving Average
Sui Blockchain (SUI) has led this bull market, giving triple-digit returns from the monthly swing bottom. Last month, SUI peaked at $2.36 and then retraced around 29% to the $1.8 support level. With this support level, 50 DMA has been a strong support for Sui Blockchain (SUI), rising 21%; however, there is still weakness in the price.
DTX Exchange (DTX) Phoenix Wallet Goes Live
DTX Exchange, the first hybrid exchange, has continued the development with its proprietary wallet launch. Phoenix wallet is the first hybrid wallet that will allow users to store multi-assets like stocks, forex, cryptos, etc. With this wallet, users can borrow cryptocurrency at very low interest rates. Phoenix Wallet is also recognized for its high security, which will save users from hacks and identity thefts.
DTX Exchange (DTX) has already tested all these developments in the recent successful testnet. DTX testnet achieved 10,000 transactions per second, the highest in the industry. Developers also checked the platform’s compatibility with the testnet, and some have praised it as the smoothest and most efficient blockchain.
Due to these continuous developments, the DTX presale has quickly crossed $6.6 million, quickly gaining the name of the best-emerging project of 2024. Currently, in stage 4 of the presale, the DTX token is priced at $0.08, providing investors with an opportunity to be part of the 100X journey.