11 hours ago
Several Solana-based projects have posted huge losses in the past few days, including Jup which is now down by 3% today. A recovery above the previous monthly high should set the stage for a big increase. Last week, Jup showed signs of strength and went offensive after seeing a notable increase in the volume level. Things escalated positively fast as many traders became optimistic about a possible rally, but the asset faced rejection and the buying pressure faded off quickly. Interestingly, the $1 level provided support in the past few days and became a critical trading level for Jup since it faced rejection last weekend. Though, like many altcoins, the price currently appears weak. Losing this critical trading level could cause a serious decline in the price. This could roll the price back to the $0.7 range before picking up again. Failure to bounce back might result in a heavy loss, which may slide the price to a yearly low. However, Jup’s next move is still indecisive. A push above the previous weekly high should give room for more positive actions daily. Apart from that, we can expect a new high to surface before rallying hard. It is currently gathering momentum for another major swing. JUP’s Key Level To Watch Source: Tradingview On the daily chart, the bulls are still having the upper hand. If they regroup back, the $1.28 level would be their target before charging at the $1.44 resistance on the way up. The $1.6 level is the next resistance to watch. Losing $1, there’s a minor support at $0.9. A further drop from there could pull us to a low of $0.8, followed by $0.71. Key Resistance Levels: $1.28, $1.44, $1.6 Key Support Levels: $0.9, $0.8, $0.71 Spot Price: $1.1 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: rawpixelmasitta/ 123RF // Image Effects by Colorcinch
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Don`t Overlook These Altcoins as We Approach the Final Phase of the Crypto Cycle
As the crypto market accelerates towards its concluding cycle phase, investors are on the lookout for the next promising venture. Amid the vast selection of altcoins, Dogecoin (DOGE) and Litecoin (LTC) stand out as established giants, frequently capturing headlines. Their history of rallies and durability suggests they may soon experience significant gains. Dogecoin, buoyed by Elon Musk`s backing and viral meme power, hints at the potential for another upswing. In contrast, Litecoin is known for its rapid transactions, reinforcing its reputation as a leading digital currency. Meanwhile, the emerging DTX Exchange is gaining attention with its cutting-edge features. The presale has already surpassed the $13 million mark, showcasing substantial interest from crypto enthusiasts and investors alike. Join us as we examine why DOGE, LTC, and DTX are set to transform investment portfolios. Dogecoin (DOGE) May Overcome Resistance and Start a Fresh Bull Run Dogecoin is on the verge of a remarkable breakout, maintaining impressive momentum despite market volatility. Even with a recent 20% dip, DOGE has seen an over 300% increase in the past year, demonstrating its meme-driven strength. The focus now is on the $0.4 resistance point, a vital threshold to reaching its peak price of $0.73 once more. Currently resting above $0.3, Dogecoin`s price behavior mirrors previous surges, where community excitement and Elon Musk`s intriguing messages propelled it to new heights. Surpassing the $0.40 mark could trigger a chain reaction, accelerating its climb towards the all-time high. Such an ascent is likely to spark FOMO among traders, pushing DOGE to higher price points and potentially igniting a fresh bullish phase aiming for $1. Beyond price charts, DOGE`s role as a tipping currency and its integration into retail platforms bolster its longevity. With Musk`s occasional endorsements and the fervent Doge Army, the ingredients for a substantial surge are clearly in place. Litecoin (LTC) Could Surge to $200 with Upcoming Regulations Litecoin (LTC) is creating a buzz in the market with a 54% chance related to ETF speculation. Interestingly, experts suggest that President Trump`s pro-crypto stance could significantly boost these odds, elevating LTC`s regulatory appeal. Currently priced at $110, Litecoin has climbed 15% in the past month, driven by rumors of institutional adoption. Approval of an ETF could unleash a wave of capital, with $200 being the anticipated initial target. With Trump`s possible regulatory changes, Litecoin`s combination of speed, limited supply (due to halving events), and ETF potential positions it as a top-tier meme hybrid. Analysts suggest LTC might outshine its competitors and emerge as a strong contender to Bitcoin. DTX Exchange (DTX): The Versatile Contender Set to Surpass DOGE and LTC While Dogecoin and Litecoin aim for gains in the anticipated bull cycle, DTX Exchange is making waves in the crypto world with its innovative hybrid model that combines the speed of centralized exchanges (CEXs) with the security of decentralized platforms. Where DOGE relies on meme enthusiasm and LTC on ETF excitement, DTX is transforming the trading landscape. It provides a single platform for crypto, stocks, forex, ETFs, and bonds. So, why is DTX a revolutionary force? Unmatched Security: Its decentralized framework allows users to control their keys, minimizing hacking risks that plague traditional exchanges. Accessible Trading: A user-friendly interface invites beginners, while AI insights and customizable bots excite experienced traders. The platform features predictive analytics and smart bots that turn market chaos into actionable strategies. Regulation-Resilient Innovation: DTX expertly balances compliance with decentralization, a rare achievement that has already caught the attention of institutional investors. DTX`s native token, currently priced at $0.16 during the final phase of its ongoing presale , has already garnered over $13.2 million. Early investors have seen returns of around 700% even before its $0.20 launch. Conclusion While Dogecoin (DOGE) and Litecoin (LTC) pursue potential short- and long-term gains, DTX is crafting a legacy. Its presale success and groundbreaking features position it as a once-in-a-generation opportunity. Astute investors are flocking to its ecosystem to reap substantial rewards. Missing out on this early presale could mean overlooking the next major player in the DeFi space. Get involved with DTX Exchange now and witness remarkable gains unfold swiftly. Explore these links for more details about DTX Exchange: Buy Presale Visit DTX Website Join The DTX Community NullTx
Polygon Analysts Suggest Possible Whale-Led Recovery Amidst Potential Downtrend Concerns
Polygon (POL) is currently positioned at a critical juncture, where recent whale activity may influence both recovery and further decline. As analysts watch closely, a significant surge in whale accumulation NullTx
