These 3 Altcoins Could Even Surpass 2021 ATH in 30 Days – Whales Accumulating at Historic Pace
The level of excitement in the crypto market has taken a new leap, as analysts give interesting predictions for Chainlink (LINK), Cardano (ADA), and the emerging DTX Exchange (DTX). They suggest that these cryptocurrencies could surpass their 2021 peaks within the next 20 days, driven by significant accumulation from whales. Among these tokens, DTX Exchange [...]
The level of excitement in the crypto market has taken a new leap, as analysts give interesting predictions for Chainlink (LINK), Cardano (ADA), and the emerging DTX Exchange (DTX). They suggest that these cryptocurrencies could surpass their 2021 peaks within the next 20 days, driven by significant accumulation from whales.
Among these tokens, DTX Exchange takes the spotlight for its potential for more substantial price increases and plans to introduce innovative approaches to crypto trading. In this article, we will explore several compelling reasons to consider adding these altcoins, particularly DTX, to your portfolio this month.
Whale Buying Takes Chainlink 124% Up
Chainlink is on a meteoric rise and has surged 84% in the last week, climbing to $24.56. It has also seen an increase of 124% in the last 30 days, outperforming many other altcoins. Nevertheless, LINK is still trading at 52% below its all time high.
Recently, whales bought about 269,861 LINK tokens worth millions, adding to the excitement around its price growth. Some believe this may push the price above $35 soon. Meanwhile, Chainlink’s price has crossed key technical levels, indicating strong upward momentum.
Source: TradingView
ADA Gains Momentum: Can It Reach $3?
Cardano is gaining popularity, showing positive signs for investors. This increase is part of a larger trend in the market, partly driven by expectations for news about exchange-traded funds (ETFs). Analyst Dan Gambardello suggests that if ADA receives ETF-related news, its price could rise significantly, possibly reaching $3. Recently, Cardano’s price jumped to $1.26, a rise of 38% in the past week, thus indicating growing confidence among investors.
ADA has strong support levels at $1.05 and $1.07, which helped stabilize its price during small dips. On the upside, $1.22 is a key resistance point where the price faced challenges, while $1.18 also briefly slowed down its rise. Momentum indicators like the RSI at 61.39 suggest ADA is close to being overbought, but it still remains appealing to buyers. The MACD also shows positive momentum, further supporting the bullish outlook for Cardano.
Source: TradingView
Whales Back DTX Exchange for Its Innovative Platform
DTX Exchange is gaining traction from whales, not only for its potential price rally similar to the 2021 altcoins but also for introducing the first hybrid trading platform that merges centralized and decentralized exchanges. This innovation connects cryptocurrency with traditional finance through its unique Layer 1 blockchain, VulcanX.
All trading on DTX Exchange goes through a single wallet that supports over 120,000 unique assets including stocks, bonds, ETF’s, commodities and cryptos. This implies traders are now free to diversify their investments while benefiting from all possible opportunities without having to manage their money across various accounts.
Additionally, DTX has a non-custodial storage, ensuring that investors also have full control of their private keys. More interestingly, the platform is built to be simple and easy to use for the experienced trader as well as for somebody who is new to the crypto space.
Excitement is building as DTX Exchange nears entry into the $10 billion global trading market. Currently in stage 6 of its presale, DTX is attractively priced at $0.12. However, DTX is expected to trade at $0.20 per token at launch, with projections of 100x surge post-launch.
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