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Experts anticipate major gains for Ripple, with a potential surge to $7, alongside a forecasted 10x growth for Shiba Inu and a promising new AI coin.
As the crypto market remains set for a major price pump, the hype around some tokens has increased. Analysts forecast these altcoins could see massive profits in the coming weeks. Dark DeFender forecasts the value of Ripple (XRP) might soar to $7.
Also, MKLA and Zack Humphries predict the price of Shiba Inu (SHIB) may soar by 10x. DTX Exchange is also expected to see a 10x increase in the coming months. Market watchers say its connection to the $714.7 trillion OTC derivatives market gives the DTX coin enough space for growth.
Ripple could explode to $7, says analyst
Ripple has remained range-bound in the last few weeks, trading above the $0.50 support level, according to CoinMarketCap’s data. Analysts believe the Ripple coin holding the $0.50 support is a bullish sign that could lead to a price surge in the coming weeks.
A top analyst, Dark DeFender, forecasts the Ripple price could rally to $7 in the coming months. According to him, the central structure for XRP remains the same, although it is bearish on the monthly level. Another expert, JayXRP, argues that Ripple’s price could rally to $22.
In the meantime, the Ripple crypto is trading in losses on the weekly, biweekly, and monthly timeframes. The coin’s 14-day RSI has dipped below the 40 mark, which is a bearish sign. Investor sentiment still remains low as Ripple’s (XRP) battle with the securities regulator lingers on.
Shiba Inu could soar by 10x says analysts
In a recent tweet, Zack Humphries forecasts the value of Shiba Inu could rise by 10x to $0.000171. If this happens, the cryptocurrency’s market cap might rise to $100 billion. Another expert, MKLA, posted a similar Shiba Inu price forecast. They posted a chart that showed the value of the memecoin pumping to $0.000156 before it dropped to $0.0000962.
Currently, the Shiba Inu coin is showing losses on the weekly and monthly levels on CoinMarketCap. It has been trading between $0.000016 and $0.0000195 on the 7-day chart. The coin’s 14-day is below 50, a sign that the Shiba Inu crypto is under bearish pressure. Going forward, bulls may try to retest the resistance at the $0.00001863 level. Surpassing this mark could increase the coin’s chances of reaching the September high of $0.00002.
DTX Exchange gets 10x forecast because of advanced features
DTX Exchange is disrupting trading with a hybrid trading platform powered by a Layer-1 blockchain specifically developed for over 120k digital assets in stocks, crypto, FX, metals, and commodities. This means DTX Exchange is connected to the $714.7 trillion OTC derivatives market. In addition, DTX Exchange has several unique features that are created to help traders improve their trading even more.
For instance, the Phoenix Wallet is a self-hosted wallet that does not have the necessity of ID confirmation, which means that the funds remain the user’s sole responsibility. This particular wallet is of great value to those traders who are keen on security and anonymity. The wallet does not require any personal information, and traders have full control of their funds and they alone are the custodians of their wealth, hence eliminating the hazards of centralized wallets.
One more advantage of the DTX platform is high leverage, so the traders can increase the positions’ coefficients up to 1000x. This feature is very useful for active traders seeking to get the most out of the market. DTX Exchange is in the fourth stage of its presale. At this stage, it has realized $6.7 million in funding, and the price of its native token is $0.08. Experts expect a price surge of 10x in the months ahead.
Conclusion
These bullish forecasts make Ripple, Shiba Inu, and DTX Exchange the top altcoins to look out for in the next few weeks. Investors looking for which crypto to buy today for long-term gains can consider them, especially the presale token DTX Exchange. DTX is just in the presale phase and has already given early investors a 300% ROI.
To learn more about DTX, visit the presale website, the official DTX website and join the DTX community.
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