‘Extremely Bullish’ Altcoin For Q1: Top Analysts Predict Quicker $2 Rally Than Cardano (ADA) and Dogecoin (DOGE)

January 8, 2025
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3 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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A few projects are showing tremendous potential to perform in the first quarter of 2025. As top cryptocurrencies like Cardano (ADA) and Dogecoin (DOGE) are in the initial phase of rebound, DTX Exchange (DTX) has already crossed the $11 milestone in record time.

DTX Exchange’s unique positioning in the crypto market makes it a standout player in the new year. As the DTX token continues to break records in the presale phase, experts believe it could reach the $2 mark before Dogecoin and Cardano.

DOGE Price Prediction: Surges 22% On Weekly Charts

After witnessing a flash crash, a sudden surge in Dogecoin was noticed in the first week of 2025. In the past seven days, the DOGE price has overall become more expensive by 22% from $0.317 to the current price of $0.39. On Friday, Dogecoin braced the excitement of the breakout after the range consolidation breakout with an over 150% increase in trading volume. Such a rally occurred thanks to optimistic market expectations guided by the potential of the bull cycle.

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Source: CoinMarketCap

Moving forward, the DOGE price may face major resistance at $0.42 and $0.46, where it can face some selling pressure. On the downside, the immediate support level is at $0.365. Analysts forecast that the DOGE price may oscillate between $0.60 and $1.16 during the first half of 2025, with $0.88 being a likely average

Technical analyst @JavonTM1 on X shared his analogy on Dogecoin, showing how the DOGE price chart is repeating the behavior of 2017 and 2021 bull runs, which could be replicated in 2025 after last year's surge. He also shared the short-term targets of $0.65 and the long-term targets of $1.20 in DOGE price.

READ MORE   Bull Flag Sets Dogecoin (DOGE) Price Target at $2.15, While a DOGE Rival Shows Potential for a 33x ROI

Cardano (ADA) Breaks $1 Driving the Market Rally

The Cardano (ADA) token surged past the $1 mark after the mini-bear rally of December, sparking memories of its 2021 bull run. On Friday, ADA climbed 12%, leading the gains among major cryptocurrencies. This rally in Cardano (ADA) appears to have been fueled by recent upgrades to its technical infrastructure and overall favorable market conditions.

Cardano (ADA) had a blast in the last quarter of 2024, surging 126% to a high of $1.32. In technical analysis, the Moving Average Convergence Divergence (MACD) formed a bullish crossover on 2 January, indicating a shift in the price direction of Cardano (ADA). Analysts are watching to see whether Cardano (ADA) can maintain its momentum amid market volatility.

DTX Exchange Gains Popularity as DeFi Rising Star

The viral hybrid protocol, DTX Exchange, is making waves in the decentralized space, pairing together the benefits of CEX and DEX in its unified platform. DTX is creating a unique and transparent infrastructure for traders who are enthusiastic about multi-asset trading. Traders can access stocks, crypto, bonds, ETFs, and 120,000+ currency pairs on its trading platform.

The platform is designed with simplicity and eliminates the need for complex KYC procedures, allowing users to trade instantly and capture minute market movement. DTX’s infrastructure is built with future growth in mind and to handle massive transactions with its VulcanX blockchain, which can process an incredible 100,000 TPS.

The DTX Exchange has a VIP Rebate Program for the members of the community, whereby it allocates a part of the trading fee revenue for the users of the program of up to 3%. This reward mechanism guarantees the long-term engagement and profitability of community members.

READ MORE   Unlocking Crypto Wealth: Top 5 Presale Picks Recommended by Industry Experts!

Currently priced at $0.14, experts suggest an opportunity of 1,328% gains when it reaches the first target of $2. As the project gains traction, early investors in the presale could potentially see substantial returns, similar to the early phases of Dogecoin (DOGE) and Cardano (ADA)

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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