The crypto market has broken its streak of five bearish weeks, and many top altcoins are looking to recover. Following the Ripple (XRP) recovery, Ali Martinez has suggested that the altcoin has broken out of a symmetrical triangle pattern. If this is the case, the XRP price could skyrocket to a new ATH in the coming weeks.
Similarly, analysts believe a head-and-shoulder formation could cause the Shiba Inu price to increase by up to 400%. While these top crypto coins are looking bullish, all eyes have been on DTX Exchange (DTX), a new altcoin that has surged by 700%. Experts believe DTX could skyrocket by up to 15x because it is the first exchange to effectively connect TradFi to the DeFi space.
Ripple (XRP) Could Soar To New ATH With Potential Breakout
Since breaking below the $3 mark on February 1, Ripple (XRP) has struggled with bearish price action. On the weekly timeframe, CoinMarketCap’s data shows that the XRP price has been consolidating between $2 and $2.5. However, Ali Martinez has shared a potential breakout that could lead to a trend change.
According to the 1W XRP price chart shared by Martinez, the altcoin has recorded a symmetrical triangle breakout. The analyst hinted that if this trend holds, the XPR price could pump towards $15 for a new ATH. This XRP price forecast suggests that the altcoin price could increase by more than 6x.
One of the major events that could spark a major XRP price pump is the approval of a spot Ripple ETF. Ace, one of the top crypto analysts, reported that Donald Trump Jr has followed Ripple on X. According to the analyst, a Ripple ETF could come sooner than we think, and the XRP price could rally as high as $20.
Shiba Inu (SHIB) Preparing for Big Bounce
Shiba Inu (SHB) has ended its five consecutive weeks of decline with a bullish 1W candle. According to analysts, the Shiba Inu price could begin a reversal soon. ShibSpain advised $SHIB holders to stay strong as the Shiba Inu price is about to bounce hard. According to his prediction, the Shiba Inu price could return to $0.00003600 soon.
Another analyst, Javon Marks has a more bullish Shiba Inu price prediction. According to the 3D Shiba Inu price chart shared by Marks, the memecoin is forming a large Inverse Head & Shoulders pattern. Marks believes $SHIB is finishing up its final shoulder now before putting on a notable performance. The analyst forecasts the Shiba Inu price could rise by over 399% to reach the $0.000081 target.
DTX Exchange (DTX) Captures Investor Interest With Potential 15x Rally
During the recent five-week-long decline, the DTX Exchange (DTX) captured the interest of investors with its bullish outlook. Over the current bull run, DTX has skyrocketed by 700% to reach its current price of $0.16 and has onboarded over 600,000 users as a result. DTX has seen this massive attention because it is the first crypto trading platform to incorporate TradFi.
On DTX Exchange (DTX), crypto traders can trade over 120,000 different assets including stocks, forex, ETFs, commodities, and bonds. This makes DTX a one-stop shop for trading for all categories of traders. DTX also includes some advanced trading features, including copy trading, leverage of up to 1000x, and an automated investment system.
DTX also uses decentralized liquidity pools on its platform to minimize slippage and provide smooth trading. These features put DTX above the best crypto exchanges and are the reason why it has been the buzz in the crypto space. In addition, because of its bullish performance and connection to TradFi, experts believe the $DTX coin can pump by up to 15x.
The Best Altcoins To Buy Now: SHIB, XRP, and DTX
Based on the current market outlook, Shiba Inu (SHIB), Ripple (XRP), and DTX Exchange (DTX) are among the best altcoins to buy right now. However, while SHIB and XRP could rise by 4x and 6x respectively, the price of DTX could pump by more than 15x because of its unique features that have caught the attention of investors and traders.
Find out more information about DTX Exchange (DTX) by visiting the links below:
