Dogecoin (DOGE) Struggles While Ethereum (ETH) Experiences a Price Breakout – Over 11,000 Users Sign Up for the Pullix (PLX) Presale

The Dogecoin (DOGE) bulls have struggled to maintain control of the price. With bearish and selling pressure increasing, the best-case scenario for the meme coin is to enter an accumulation zone so it can provide support. In the meantime, Ethereum (ETH) began long-overdue price increases and has surged significantly on the charts. It is not alone, as Pullix (PLX) has also attracted users with its presale momentum. We will dive into the price performance for each crypto to see how far they can rise.

Dogecoin (DOGE) Falls Under $0.09 Level – Is a Price Increase Possible?

Dogecoin (DOGE) has fallen below the $0.09 level, and bulls have struggled to maintain control of its price. With bearish and selling pressure mounting, it’s clear that it needs to make a recovery in order to reach new heights. 

CryptoCheck on TradingView recently noted how the Dogecoin price on different time-frames can help determine its future outlook. The Dogecoin crypto is showing a rather bullish narrative and has the strength to initiate a recovery and rocket within the crypto market. The buy signal comes between the $0.078 and $0.084 levels. According to the Dogecoin price prediction, it can end 2024 at a value of $0.1363.

Ethereum (ETH) Sees Price Breakout – Can Reach Over $4,200 in 2024

Ethereum (ETH) has managed to break out from a long-term horizontal area and is ascending the resistance trend line. The weekly time frame price action and RSI both suggest that the price will increase further. Despite the bullish Ethereum price outlook, a close below an ascending resistance trend line can lead to a decrease. 

During the previous week, the Ethereum crypto moved up from $2,379.97 to $2,698.43, almost breaking past the $2,700 price barrier. The total annual increase was by 62%, while the monthly increase was by 19%. According to the Ethereum price prediction, it can end 2024 at a value of $4,250.85.

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Pullix (PLX) to Surge 100x at Launch and Over 11,000 Users Sign Up for Its Presale

Pullix (PLX) is an upcoming DeFi project that has benefited from the overall price increases in the market and has been accumulated by over 3,500 traders. It’s seen as one of the best cryptos to invest in. The project is poised to become a main competitor in the industry as it addresses key challenges within the CEX and DEX spaces. Pullix will completely change how people access the TradFi space by making it far easier and will offer high liquidity and transparency.

Pullix will offer lower fees and an increased level of security and privacy. Users will also not be required to undergo a KYC procedure. This will all be available with deep liquidity, where anyone can begin trading stocks, forex, ETFs, and commodities all from a single account. 

The project is now at the sixth stage of its presale. During this stage, a single PLX token is offered at $0.08. Over 11,000 users signed up for the presale, and this increase in appeal can push the crypto further, as analysts project a 100x upswing at launch.

Summary

Ethereum is pushing forward, while Dogecoin has faced some challenges. It’s clear that Pullix has seen a major level of attention with its presale. With its vast ecosystem and solid offering, it’s one of the best cryptos to invest in.

Visit Pullix  | Join The Pullix Communities

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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