Ripple (XRP) and Dogecoin (DOGE) have sparked a massive level of excitement in the industry as their values could soon turn towards a bullish direction. The momentum showcased by both altcoins is an indication of the bullish sentiment throughout the entire industry. While the season is just beginning to kick off, indicators are also pointing toward the Pullix (PLX) presale. Having now reached stage 6 of its presale in just 5 weeks, PLX is preparing up for another price jump as it reaches stage 7 of the presale imminently. Today we will discuss all three and see why they are the altcoins to watch.
Ripple (XRP) to Rise in Value According to Crypto Analyst Ali Martinez
Ripple (XRP)’s value has been consolidating within an ascending pattern, potentially setting the stage for a major price rally. Even as the overall investor sentiment has turned negative for the Ripple crypto, market analysts are pointing in a completely different direction. Crypto analyst Ali Martinez posted a technical Ripple price analysis on the social media platform X.
The analyst highlighted an ascending parallel channel that is governing XRP’s price action. The chart dates back to June of 2022, and this price formation happens when an asset trades between two upwards-sloping and parallel trendlines. This is an indication of steady buying pressure. Based on the Ripple price prediction, it can spike as high as $0.9449 by the end of 2024.
Pullix (PLX) Showcases Bullish Momentum and Can Surge As High as $1
Pullix (PLX) is an upcoming platform that will bring together the best elements of centralized and decentralized exchanges. The platform can resolve key issues, including transparency and liquidity. These issues have initially hindered the mainstream adoption of the technology.
- Users on top of Pullix will be incentivized to provide liquidity. The platform can offer far more competitive prices. Every trade on top of Pullix can also be executed through the off-chain order book.
- This can directly result in much quicker processing speeds. Pullix can also support CFDs and perpetual futures and even has a dedicated vault.
- Revenue share will also be a big part of the offering. Users can provide liquidity to the automated, and as a result, they can receive fixed passive income as a direct result of this.
- Alongside this, holders of the PLX crypto can also make suggestions on new assets to add, which will be a part of the exchange.
🦎 It's official – Pullix is now listed on CoinGecko! 🚀— Pullix (@Pullixmarkets) January 7, 2024
Make sure to head on over and add Pullix to your watchlists!
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The token can also be used for governance. During the current stage, PLX is currently trading for $0.08. This value marks a solid entry point, as it could surge as high as $1 following its launch and major exchange listings.
Dogecoin (DOGE) Bullish According to Crypto Analyst Skew
Dogecoin (DOGE) has recently experienced a period of a bearish trend, with its value oscillating under the $0.10 resistance. The market witnessed a mix of bullish and bearish forces which resulted in an uncertain landscape for many traders looking to make a profit. While bears do currently have an edge in this scenario, some investors and analysts remain cautious about the future of the cryptocurrency.
Crypto analyst Skew recently highlighted key indicators that could signal an upward direction for the Dogecoin price movements. According to the analyst, a significant benchmark can occur if the crypto surpasses the December 2022 high of $0.11, resulting in further swings for the Dogecoin crypto. According to the Dogecoin price prediction, DOGE can rise as far as $0.1387 by the end of 2024.
Aside from Ripple and Dogecoin, it could reach new heights before the conclusion of 2024. This positions them as altcoins to watch. But they’re not alone, as Pullix is a top ICO project that is emerging as a favorite among traders. Due to its vast ecosystem and earning opportunities, it can dominate the markets in 2024.
For more information regarding Pullix’s presale see links below: