Anticipation over the approval of Ethereum ETFs saw Render (RNDR) and Avalanche (AVAX) prices increase by 11.2% and 7.7%, respectively. Meanwhile, DTX Exchange (DTX), a new presale coin, is positioning itself as a highly favorable investment opportunity owing to its distinctive trading features, cutting-edge platform, and the potential for presale gains. With or without the ETFs, DTX is positioned to surpass RNDR and AVAX.
DDTX Exchange (DTX): After presale gains expected to skyrocket
With increasing uncertainty surrounding Render (RNDR) and Avalanche’s (AVAX) price fluctuation, DTX Exchange (DTX) is emerging as a prominent player in 2024. All this is due to its cutting-edge trading platform and promising presale gains.
This presale crypto is not just a typical asset in the cryptocurrency market; rather, it serves as a platform for revolutionizing investors’ trading experiences. One of the key distinguishing factors of DTX Exchange (DTX) is its capacity to enhance users’ trading positions by providing 1000X leverage.
Furthermore, DTX Exchange (DTX) facilitates the distribution of liquidity pools, which minimize slippage and enhance trade execution efficiency. DTX also strongly emphasizes transparency and security, which it further enhances through its non-custodial wallets.
In addition to the benefits mentioned, users get voting and governance rights through the ICO’s community-centric policy. DTX Exchange (DTX) is in its ongoing presale and displaying significant potential.
Currently at Stage 2 and selling at $0.04, DTX’s price is anticipated to increase by 50% to $0.06 in the upcoming round. Experts project that the upcoming ICO will experience significant growth after launch, surpassing the projected 500% ROI for its initial investors after the presale.
Render (RNDR) could surpass its ATH by the end of Q2, 2024
Render (RNDR) has emerged as a highly successful altcoin in 2024, with hopes of immense growth before the end of the year. Amid market consolidation, Render (RNDR) reached its all-time high of $13.60 in mid-March 2024.
Nevertheless, the price declined to a low of $6.4 during the second week of April. In late May, Render’s (RNDR) price increased by 85% from its lowest point of $6.4 in April to $11.82, driven by anticipation surrounding the approval of Ethereum ETFs.
Although RNDR subsequently declined to the $10 threshold, the observed price movement indicates a potential imminent breakout based on technical analysis. Furthermore, suppose Render (RNDR) successfully surpasses the resistance trendline. In that case, it may create opportunities for additional gains, potentially leading to a test of its previous all-time high by the end of Q2.
Avalanche (AVAX): Bulls projected to push the price past $60 by the end of Q2
In light of the anticipated approval of an Ethereum spot exchange-traded fund (ETF), Avalanche’s (AVAX) price increased to $41.69, reflecting a 33% weekly gain from $31.40. Furthermore, the prevailing sentiment regarding Avalanche (AVAX) has a bullish outlook, as experts anticipate improved price performance in the upcoming days.
Despite initial optimism, AVAX declined slightly, falling below the $40 mark. However, the technical analysis portrays that AVAX might reach lower support levels or drop below $37.
However, experts predict that bullish forces will initiate a robust recovery once the bearish consolidation concludes. From their prediction, Avalanche (AVAX) could end Q2 of 2024 trading within the $60 price range.
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