Is TRON Ready To Bounce Back? Analyst Claim Shiba Inu and DTX Exchange Could Go 20x Before The Next TRX Rally

TRON (TRX) Analysis: Potential for Recovery Amidst Volatility

TRX has been up for 3 months and has been consolidating at higher levels. After the initial rally in mid-August, TRX hit a high of $0.1692, which was one of the strongest of the year. Since then it has been mostly sideways in the $0.16 to $0.17 range and has held above the earlier support levels. The $0.15 and $0.16 support zones are being watched closely. TRX is currently at $0.162, and this could be the foundation for further development. If it holds here, TRX could test the next resistance at $0.17 and potentially $0.18 if momentum builds.

Price action shows buying interest is present, and TRX is above its 50-day and 200-day moving averages. Recent technicals show a bullish MACD crossover, which is good for the short term. ADX also shows that TRX is in a strong trend, which will continue to push prices up if demand is steady.

With TRX holding above $0.16, many expect it to stay in an uptrend. If it breaks above $0.17, it could retest to $0.18 and potentially beyond. If it falls below $0.16, it could retest $0.15 and consolidate before another up.

Source: CoinGecko

Shiba Inu (SHIB) Forecast: 20x?

Shiba Inu (SHIB) is getting much attention due to its potential for mooning. With its community-driven popularity and low entry price, SHIB has been getting bullish predictions from many analysts. Crypto expert Alan Santana recently predicted SHIB could go 20-25x and reach that target by the top of the next bull run in 2025.

An industry analyst quoted in Forbes said SHIB could hit $0.0000173 this year, and the current price is $0.000019, so they were right. Some are even predicting $ 0.00007488 by 2025, a 2,030% gain. On the conservative side, other analysts predict that the SHIB price will be between $0.000066 and $0.0000187 by the end of 2024.

Shibarium, the Layer-2 blockchain of Shiba Inu, is growing and will add more functionality to SHIB beyond being a memecoin. More users will come, which will add to the price of SHIB.

Source: CoinMarketCap

DTX Exchange (DTX): 20x Potential DeFi Giant

As TRON bounces, analysts are getting increasingly bullish on DTX Exchange (DTX) as a growth asset. DTX Exchange (DTX) which is a hybrid platform which combines centralized and decentralized trading features, with over 120,000+ assets to choose from, including stocks, forex, and cryptocurrencies. In the 3rd presale phase, DTX tokens were $0.06, with a price increase to $0.08 in the 4th phase and an expected $0.10 in the 5th round. Presale has already raised over $7 million and could hit $7.5 million soon. Experts say DTX could 20x once listed on a Tier 1 exchange later this year. It has high leverage of up to 1000x, non-custodial wallets, and DeFi tools for all. Early investors are in; now, users are looking for a safe and all-in-one trading space to trade traditional and crypto assets.

Growth Prospects: SHIB, DTX, TRX

TRON may bounce back, but many say SHIB and DTX will give higher returns in the short term. SHIB has massive community backing and a growing ecosystem, so a 20x return is possible with new developments like Shibarium. DTX has traditional finance and DeFi features, high leverage, and wide asset selection, so it’s a good investment as it approaches exchange listing.

Remember to always do your own research. TRON’s support, SHIB’s community, and DTX’s presale are key.

DTX Website | Presale | Community

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