Ali Martinez, one of the top analysts in the market, has forecasted a 14% rally for Ripple. The prediction comes amid the ongoing downturn in the crypto market. On the other hand, Dogecoin’s network activity has decreased, a sign of low investors’ interest.
Meanwhile, DTX, a utility-driven DeFi project, is gaining popularity among investors. DTX Exchange (DTX) has raised over $15 million in funding while onboarding 700k+ users. Its price is expected to launch at $0.36, a 100% increase from the current price.
Ripple (XRP) Predicted To Rally 14%
The XRP price has been trading in the $2 region in the past week. Although there have been notable fluctuations, the bulls have kept the XRP price between $2.45 and $2.75. Meanwhile, current data from CoinMarketCap reveals the XRP price has dipped by 7.4% and 20.8% on the weekly and monthly timeframes.
This decrease could be due to the correction in the general crypto market. However, one analyst who is bullish about the XRP price is Ali Martinez. They forecast the XRP price could pump by 14% in the coming weeks. In the long run, the BlockchainBaller says the XRP price could surge to $5-$7 in 2025.
According to them, the approval of the first Ripple ETF by Brazil could lead to huge institutional adoption. Paulo Ricci notes the wave structure on the XRP price chart is strong. He says the XRP price could bounce off the 0.5 wick and then rally to $3.4.
Dogecoin (DOGE) Network Activity Declines
According to on-chain analyst Ali Martinez, activity on the Dogecoin network has hit its lowest since October 2024. Data from Santiment shows that whale transactions have dropped to about 66 while the number of active addresses has reached over 60k. In the meantime, the DOGE price is trading in the red region.
CoinMarketCap price info shows the DOGE price has decreased by 11.3% on the weekly timeframe and 33.8% on the monthly level. The DOGE price has been trading between $0.2298 and $0.2675. The drop in network activity shows that investors’ interest has dropped since the Trump inauguration.
Nevertheless, Javon Marks forecasts the DOGE price could rise to $0.73905 in the next Dogecoin wave. The analyst posted a DOGE price chart which showed the memecoin has been mirroring its price trajectory from 2017 and 2021. In the short term, the DOGE price has to reclaim the $0.3 level. If this happens, the DOGE price could target $0.4 and $0.5.
DTX Exchange (DTX) is the Best Hybrid Trading Platform For Investors
DTX Exchange (DTX) is a relatively new trading platform that combines TradFi and DeFi services. One of the key features of DTX Exchange is the multi-asset trading that allows investors to diversify their portfolios. It provides access to over 120,000 asset classes such as cryptocurrencies, equities, indices, and forex.
Also, DTX Exchange has a Copy Trading feature that lets users mirror the actions of the best global traders, which is suitable for beginners. They can make some profits by following the trades of experts who have a good track record of success. Also, security is another significant concern for DTX Exchange. This is why it has unveiled the Phoenix Wallet.
This wallet based on the VulcanX blockchain provides fast and secure transactions and gives users the ability to control and trade assets. DTX Exchange is in the presale phase and has and has received over $15 million. It is currently trading at $0.18, an increase of over 800% in the past few months. As DTX Exchange is preparing for its launch, it plans to disrupt the existing market with new features and focus on customers.
DTX Exchange Emerges As The Best DeFi Project for Investors
While Dogecoin network activity has recently slowed down and Ripple has a short-term pump in sight, DTX Exchange’s crypto ICO is gaining traction. DTX is one of the most revolutionary solutions in trading as it offers fast transactions, low fees, and access to advanced trading tools. With the features above, DTX Exchange could be the next big thing in the DeFi space.
Find out more information about DTX Exchange (DTX) by visiting the links below:
