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"XRP Surges Past $3, Eyes $4 as Altcoin Bulls Charge"

Coin WorldThursday, Jan 30, 2025 4:02 pm ET

1min read

Ripple (XRP) has regained the $3 mark and is now eyeing the $4 resistance level, signaling a potential bullish trend in the cryptocurrency market. The leading payment-based cryptocurrency has been one of the best performers this year, surging over 45% in the past month. Technical indicators such as the 20-VWMA and 9-HMA suggest that there is still room for growth, making XRP an altcoin to watch.

Meanwhile, interest in Shiba Inu (SHIB), the most popular ETH memecoin, and a novel altcoin that blends DeFi and TradFi, is on the rise. These cryptocurrencies are being tipped as potential big movers in the market. One such altcoin, DTX Exchange (DTX), has entered the final presale stage and is selling out fast due to soaring interest and confidence in its potential. Early funding has surpassed $13.2 million, with a token priced at $0.16 in the eighth and final ICO round. Experts predict a 100x upswing for DTX after it lists on Tier-1 exchanges.

DTX Exchange is a new DeFi crypto that aims to bridge the gap between DeFi and TradFi. Its unique offering will be a crypto-native platform that offers stocks, ETFs, forex, and over 100,000 currency pairs through its unified Layer-1 blockchain. This positions it as a potential competitor to Ripple (XRP) and Shiba Inu (SHIB).

Ripple (XRP) has been among the best performers this year, skyrocketing over 45% on the monthly chart. With plenty of room for growth, supported by technical indicators like the 20-VWMA and 9-HMA, it is one of the altcoins to watch. Next on its list might be a retest of $5. However, it won't be a smooth ride, and investors should brace up for turbulence. As the second-largest altcoin after Ethereum, its upside potential is limited, making new tokens like DTX Exchange more appealing as they have plenty of room to run.

Shiba Inu (SHIB), leading the meme movement on the Ethereum blockchain, is picking up steam. While the past few days have been

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