Time
to Jump Out From Solana Memecoins? Experts Recommend
Holding This $
0.10Altcoin
Instead
Time to Jump Out From Solana Memecoins? Experts Recommend Holding This $0.10
Altcoin Instead
by Bitcoinist
2 minutes ago
in Altcoin News
0
In recent times, the Solana ecosystem has seen huge growth due to the
remarkable performance of Solana memecoins. However, the bullish momentum in
Solana memecoins like Dogwifhat (WIF) and BONK has increased prices, making
investors book profits. The funds are now flowing into better opportunities
like DTX Exchange , which is in the early growth cycle, offering tokens at
undervalued prices in its token presale.
Dogwifhat (WIF) Bearish Pressure Increases Amid Profit Booking
Dogwifhat (WIF) is the second biggest Solana memecoin with a market cap of
$3.4 billion. Dogwifhat (WIF) rallied after forming a low of $1.87 on 4th
November, increasing to a high of $4.8. The WIF price has decreased by 34%,
retesting the breakout zone around the $3 level. Currently, Dogwifhat (WIF)
has taken support near the 20-day moving average, coinciding with the $2.9
demand zone.
Dogwifhat s (WIF) MACD indicator formed a bearish crossover as the
short-term MA crossed the long-term MA from above. The bearish crossover is
not a good sign for Dogwifhat (WIF) price action. If $3 support breaks down,
it can start the next bear leg in continuation of pullback.
BONK Form Bullish Hammer Candle, Reversal Soon?
Launched last year, BONK is the top Solana memecoin and is positioned #37th in
the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта. BONK has also performed very well in the memecoin rally
started with Dogecoin. In the last 30 days, BONK has risen nearly 120% but is
not facing selling pressure after a parabolic move. Even in the pullback, the
strength in BONK has been maintained as it is still trading above the 10-day
moving average and has formed a bullish hammer candle on Sunday.
The relative strength index of BONK has dropped from the high of 85 to the
current level of 62, which signifies the reduction in strength; however, it is
still close to the overbought zone. If the Bonk price fails to sustain, the
next stop could be the 20-day moving average before the $0.000035 support
level.
DTX Exchange Prepares For 200x Rally
As Solana memecoins are facing trouble, DTX Exchange has continued the rally,
rising to $0.1 in the fifth stage. From its inception, DTX Exchange has
provided early investors a 400% return on investment. However, experts are not
surprised by the momentum in DTX because they believe it s just the
start. After the launch, the DTX token can skyrocket following the path of
cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта like Solana.
Currently, DTX Exchange is offering the token at the attractive price of $0.1
in the presale. The listing price for the token has been announced to be $0.2,
which makes quick 100% profit potential.
DTX Exchange platform is built for both beginner and experienced traders. Its
simple interface makes it easy to navigate for beginners, while the
availability of over 100,000 instruments to trade with 1,000x leverage
increases the edge of experienced traders. With the innovative blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
technology, DTX Exchange aims to reduce trading fees and increase the speed of
the exchange.
The recent DTX token launch on Coinmarketcap has also attracted investors from
different communities, such as Dogwifhat (WIF) and BONK. Investors entering
the presale can use the code SELLSTAGE to double the first
deposit.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
