Liquidations all over the crypto market, especially in coins like Litecoin (LTC) and PEPE, have made investors anxious. While Litecoin (LTC) has formed a messy structure with no identifiable pattern, PEPE is trying to hold its $0.0000075 support level. Despite the downtrend, experts say this correction is the perfect time to buy cryptocurrencies during the dip.
One highly undervalued crypto project is DTX Exchange (DTX), which is exploring the hybrid exchange space for the first time. The response from users and investors is overwhelming; in stage 2, it raised close to $1 million in just a week with 12,500+ users signed up.
Flat Weekly Movement In Litecoin (LTC)
In the last seven days, Litecoin (LTC) has decreased very slightly to around 0.90%. The week was volatile, but the price has recovered in the last two days. Still, Litecoin (LTC) is trading below the 20 and 50-period exponential moving averages, which can act as a strong resistance barrier for Litecoin (LTC) price.
Litecoin (LTC) is currently in the 20th position in the overall crypto market, with a market cap of $4.78 billion and a 24-hour trading volume of 35 million. The $60 is the crucial line for the Litecoin (LTC) price and will act as a demand zone if the price proceeds lower.
PEPE Price Technical Analysis
The PEPE price is trading at $0.0000077. It decreased by 0.3% in the last 24 hours and 4.3% over the past week, reflecting a weak trend amidst broader market fluctuations. After the rejection from the 50-period moving average, the price fell below the $0.000008 level, decreasing over 20% from the recent swing high.
The PEPE price has failed the double bottom reversal, which can take it higher. Now, $0.000009 and $0.00001 are two crucial support levels for the PEPE price, which will be strong supply zones for the price to go higher; it has to beat this to levels.
DTX Exchange (DTX) Biggest Competition For Traditional Exchanges
DTX Exchange (DTX) is a new digital currency getting the public’s attention. According to the founder, it is a good starting point for creating a global exchange and becoming the leader in the space.
Their recent testnet launch brought more offers to the coin and increased demand for it. DTX hybrid trading platform offers traders the maximum leverage of 1000X, which gives traders the potential for such broad holdings. DTX Exchange has no sign-up KYC checks, which is advantageous for people who want to avoid going through complicated checks.
DTX Exchange is now trading at just $0.06 in Stage 3 of its presale and is expected to jump to $0.08 in Stage 4, meaning that Early investors gained an impressive 33% return. It is predicted that by 2024, the price could be 100 times higher.
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