Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.
Dogecoin forms a bullish crossover, signaling a recovery in the crypto. DTX Exchange is attracting attention ahead of its Tier 1 exchange launch.
Dogecoin chart shows bullish formation after weekly consolidation; it formed the bullish crossover pattern, which is the bullish reversal pattern. DOGE is one of the early movers, and its strength means the second crypto market rally is imminent. This makes now a great time to pick the right coins, which can generate huge returns.
One of the names on the priority watch list of expert investors is the hybrid trading platform – DTX Exchange. DTX Exchange comes at an important time as industry experts predict its launch on Tier 1 exchanges next month. After the launch, the DTX token can take off thanks to its fundamental and community support.
Dogecoin Forms Volatility Contraction Pattern, Breakout Soon?
Dogecoin (DOGE) has become a notable performer in the ongoing bull market, reaching price levels last seen in 2021. Despite a weekly market-wide correction, the meme coin surged an impressive 159% in November. After the recent bullish rally, Dogecoin has been trading sideways, absorbing the selling. DOGE price formed a volatility contraction pattern with the golden crossover, indicating bullish price action.
Additionally, high volume was observed in Dogecoin price volume. Over the past 24 hours, activity around Dogecoin has increased, with over 439 million DOGE, worth over $184 million, transferred in four major transactions. Whale Alert, a blockchain data tracking tool, reported these movements, attracting the attention of the crypto community.
In another development, Bloomberg ETF expert Eric Balchunas suggested that December 31 could be an ideal date to file for a Dogecoin ETF. If asset managers explore this opportunity, it could attract significant capital into the market, which could lead to a significant increase in the price of Dogecoin.
DTX Exchange’s Revenue Sharing Model Attracts Dividend Investors
Investors who prefer to invest in instruments offering fixed returns at time intervals can now invest in the crypto sector with DTX Exchange. DTX’s revenue sharing program, known as the VIP Rebate Program, will allow investors to earn up to 3% of foreign exchange revenues from various sources like trading fees.
The VIP rebate program staking feature adds an advantage for investors. With it, investors can earn up to 33% APY, among the highest in the industry. These features help investors generate passive income and appreciate asset prices.
Alongside dividend investors, momentum investors seeking high gains over a short period of time have kept DTX Exchange on the priority list. The reason is the strong fundamental technology of DTX Exchange, as it has developed the first hybrid exchange that allows trading various assets such as stocks, cryptocurrencies, commodities, forex, ETFs, etc.
The DTX Exchange is currently trading at $0.12 on the sixth stage of pre-sale. At this point, three whales have already entered the token presale. Analysts estimate it will be completely sold out in the coming weeks. For investors looking to get started with pre-selling, the best time could be now!
For more information, visit DTX Exchange Presale Website and join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.