The Ethereum (ETH) price rally continues to be hammered by rising bears at the critical $2,500 resistance level, making investors skeptical about the future outlook. Similarly, Solana (SOL) displays gains on the intraday chart but continues to move sideways amid an ongoing battle between bulls and bears at the $155 threshold level.
Investors from Ethereum (ETH) and Solana (SOL) have placed their bets on an emerging tradFi gem DTX Exchange (DTX) due to its sustainable growth prospects and long-term viability for early stakeholders. DTX Exchange catches eyeballs with a hybrid passive income model and cutting-edge features to transform the tradFi sector.
Ethereum (ETH) price continues to struggle below the crucial $2.5k resistance level. According to reports, the rising volatility has halted the Ethereum (ETH) price rally, driven by high dumping on exchanges. Several ETH wallets that were dormant for 3 years have sold around $2 billion worth of Ethereum (ETH) and further sell-offs are also anticipated.
Moreover, Ethereum ETFs have also recorded $23 million outflows on August 7, triggering notable market volatility. Ethereum (ETH) currently trades at $2,340 with a 3.5% intraday drop in price, resisted by strong bearish sentiments. The profit capital of wallet owners finds its way to other cryptos, poised to yield sky-high returns like Ethereum (ETH) in 2021.
Solana (SOL) drove significant community enthusiasm after its first ETF was approved in Brazil. With a stunning price performance, Solana (SOL) price displays a positive trendline with intraday gains, traversing near the $155 resistance level. The SOL token has also recorded a higher price in the SOL/ETH pair after market turmoil pushed Ethereum (ETH) to trade bearish.
However, Solana (SOL) investors continue to add other 10x cryptos to portfolios as analysts forecast a strong resistance at $160. The Solana (SOL) rally may be damped in the upcoming days with surging bearish pressures in uncertain economic conditions. For consistent gains, the DTX presale has emerged as a promising avenue for Solana (SOL) investors this month.
Among the top 2024 presale performers is the DTX Exchange (DTX) – a revolutionary tradFi platform, aiming to transform conventional trading schemas with its advanced offerings. DTX boasts a hybrid model to combine the best features of centralization like liquidity pools and scalability and those of decentralization including robust security and no-KYC limitations for onboarding.
Following its impressive presale demand, DTX Exchange has raised a mind-blowing $1.2 million in the presale batch 2. The future of the star crypto DTX is bright as it sticks to trader-centric narratives with its advanced security features, quant and algo trading strategies, and blockchain layer-1 technology, providing a robust platform for traders to engage in high-position trading and profit capitalization.
DTX Exchange (DTX) stands out as a game-changer in the existing block of marketplaces through its global scope with FX capabilities and the merging of pairs of major financial assets like stocks and cryptos. With real-time market analytics and lightning-fast speed, DTX Exchange stands out as the next-gen trading tool with up-to-date solutions for machine-based trading.
With its 1000x leverage features, traders can capitalize in diverse financial markets including cryptocurrencies, forex, equities, and CFDs. Such a platform with an all-in-one trading solution is difficult to find in the existing marketplaces. These trendlines can propel DTX price to soar to $1 from $0.04 once it hits the mainnet, suggesting a perfect buying opportunity for early stakeholders.
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Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
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