Solana Price Forecast: Can This DeFi Coin Join Cardano in the Top 10 Cryptos?

Ali Martinez, an on-chain analyst believes the value of Solana (SOL) could skyrocket if it holds above a key resistance. $0.82-0.83. Meanwhile, Ali believes the $0.82-0.83 is an important level to watch for a potential ADA price upsurge.

DTX Exchange (DTX) is emerging as a new DeFi competitor which rapidly gains market share against Solana and Cardano. With its hybrid model, lightning-fast transactions, and multiple asset classes. During its presale phase DTX Exchange establishes its position as the upcoming disruptive force in the market. Its price is expected to rise by 10x in the next few months.

Cardano (ADA) Moving in Asymmetrical Triangle, Targets $1

Cardano (ADA) is showing signs of recovery after consolidating within a narrow range. CoinMarketCap data reveals the ADA price has risen by 14.0% and 10.5% on the weekly and biweekly timeframes. Going forward, the ADA price faces strong resistance around $0.9 and $1.10.

ADA price has a higher probability of reaching $1.5 if these resistance levels get broken. According to Ali Martinez ADA price is currently moving within a symmetrical triangle pattern. The ADA price is expected to reach new heights in the upcoming weeks when a breakout occurs according to his analysis. The ADA price must cross the trendline at $0.82-0.83 to spark a breakout.

Another analyst called Sssebi also confirmed the importance of the $0.82-0.83 region. They say the ADA price must cross this level or risk forming a head and shoulder pattern. In the case of a breakout, the Cardano price might skyrocket to $1.5 or even $2.

Solana (SOL): Analysts Expect Upsurge To $260

Ali Martinez has forecasted the Solana price could soar to $225 or even $260 in the coming days. The analyst told his audience the Solana price has been trading inside a parallel channel for the past few months. Nevertheless, Ali argued that bulls must defend the key support located at the $190 region.

Losing such critical support could pull the Solana price to $180. Meanwhile, another expert has also weighed in on the Solana price movement. Erik highlighted the importance of the $180 level in the price trajectory of the Solana crypto. They say the Solana price might pump to $321 in the next few weeks if bulls defend this region.

On the other hand, failure to hold this level could take the Solana price to low levels. In the meantime, CoinMarketCap data shows the Solana price has dipped by 10.1% in the weekly timeframe. It has also dropped by 22.8% on the monthly chart.

DTX Exchange (DTX): The Disruptor That Could Change Trading Forever

DTX Exchange (DTX)  enters the trading market to merge the most beneficial elements of decentralized and centralized trading methodologies. It allows traders to trade over 120k assets, including stocks, bonds, ETFs, forex, and cryptocurrencies, within one platform. The list enables traders to manage their investments efficiently by staying on one platform thus enhancing trading experience and application performance.

DTX Exchange provides users with fast trading speed combined with high liquidity and security features and autonomous platform management. DTX Exchange operates without KYC requirements and provides users with access to numerous assets through its platform. The platform enables trading without demanding users to show their identification documents thus providing them with an easier process.

DTX Exchange serves traders who need anonymous trading operations and dislike complicated registration procedures by prioritizing user privacy. Currently, in the presale, DTX Exchange has raised over $14.6 million in funding. Its native coin is currently trading at $0.18 which is a good price for a token with potential.

Why DTX Exchange is the Best ICO

The successful crypto ICO results and increasing user count make DTX Exchange stand apart from regular DeFi projects. This platform represents an innovative trading system. The market may experience an upset from DTX which emerges as the dark horse while Solana pushes for new heights and Cardano maintains its position. Early adopters of this potential will experience an explosive market growth.

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

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