The crypto market has entered a correction phase after the recent Bitcoin Halving. Many altcoins are dropping to crucial levels. However, analysts are marking this time as the final accumulation phase before a parabolic uptrend. This expected surge will lead the Bitcoin Price to $150,000 in the next few weeks.
#BTC
— Rekt Capital (@rektcapital) April 24, 2024
3 Phases of The Bitcoin Halving
1. Final Pre-Halving Retrace
The Pre-Halving Retrace has already occurred and is in the books
However in this cycle Bitcoin produced two Pre-Halving Retraces: -18% in March and another -18% pullback this April
In previous cycles, this… pic.twitter.com/Bf2Nn0Qwa3
While many altcoins are offering low entry points for massive gains, Solana (SOL), DTX Exchange (DTX), and Dogecoin (DOGE) price trajectories and on-chain developments are leading analysts to believe in the explosive potential of these.
What you'll learn 👉
Solana (SOL) expected to retest $200 post-halving
Solana (SOL) is setting the stage to dominate the crypto market and blockchain industry after it rolled out its v1.17.31 update in mid-April. The update is expected to play a crucial role in the post-halving SOL price surge as meme coins on the Solana network are again getting momentum with millions raised in presale
According to data by CoinMarketCap, the SOL token is currently struggling below $150, declining over 7% in the last 24 hours. Technical indicators suggest a bullish traversal following further price pullback, indicating an opportunity for investors to fill the bags with SOL tokens.
SOL’s chart shows potential signs of surging past $200 if bulls take over the selling pressures. SOL’s relative strength index (RSI) is poised for ascent towards 70. Additionally, the token’s resistance and support levels are rising and converging at higher levels, indicating bullish momentum in the upcoming days.
Rekt Capital voices optimism for DOGE price trajectory
In recent months, Dogecoin (DOGE) price has witnessed a leading trajectory among meme coins. As the bull run approaches, whales load DOGE tokens for potential gains. On-chain reports show a withdrawal of 324 million DOGE tokens, valued at $49.9 million in the past few days, highlighting the increasing traction of the memecoin.
Supported by leading industry figures, DOGE price is expected to skyrocket. The meme coin is currently down by 7% on the intraday chart, trading at $0.15. Rekt Capital has voiced optimism for the DOGE price trajectory, mentioning the brighter prospects of the meme coin in the upcoming days.
Presenting it as the most cyclical altcoin in the crypto space, analysts believe that DOGE’s price will repeat its remarkable performance. DOGE price trajectory shows a bullish momentum in the long term, with expectations to surge past $0.25 in this cycle.
DTX Exchange poised for 10x gains after $350k raised in presale
DTX Exchange (DTX) stands out as the top presale project in 2024, with projections to become a leading figure in the DeFi space. The 1000x leverage platform of DTX offers unprecedented growth opportunities for traders with unmatched trading features and financial options.
Traders can utilize liquidity pools to optimize their assets with reduced slippage. Traders have access to 120k assets in diverse markets including stocks, equities, cryptos, and forex. The project commits to individual ownership and accessible trading through its no-KYC approach and non-custodial wallets to eliminate intermediaries and reduce the risk of security breaches.
With its global utility and diverse range of solutions, DTX has successfully raised $350k in stage 1 of its presale, showing no signs of slowing down. With over 80% of DTX tokens sold, the pricing is $0.02, which will surge to $0.075 in the next presale stage. Investors are rushing to enter the project at this low entry point, as analysts anticipate a price surge to $1 in this bull market.
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