In the volatile crypto sphere, Ripple (XRP) and Aptos (APT) are facing declining volumes amid regulatory uncertainty and bearish trends. Meanwhile, a revolutionary token, DTX Exchange (DTX), is turning heads with its groundbreaking features and massive returns on investment. Let’s dive deeper and understand why DTX might be the beacon of hope for crypto traders.
Why Clarity on the SEC Case Could Make or Break XRP
On Wednesday, December 25, the SEC v Ripple lawsuit continues to be in the limelight. The deadline of January 15 for filing an opening brief relating to an appeal with the SEC is rapidly approaching. The agency’s decision to appeal the Ripple case verdicts remains questionable despite the approaching deadline.
The reporting date was moved past the US Presidential Election in October after the SEC asked for a 90-day extension. Had Kamala-Harris won, the SEC would probably have been more inclined to pursue its appeal. However, Trump’s reelection, his administration’s pro-crypto stance, and the SEC’s reform all raised questions about what the agency will do next.
XRP lagged the overall market, which rose 3.45% to a market capitalization of $3.360 trillion in the past day. This lag can be attributed to the lack of clarity on the SEC appeal filing.
Trends in the near future will depend on whether the SEC files its opening brief. If it does, there might be more selling pressure on XRP, which could cause it to go below $1.50. On the other hand, XRP can reach its all-time high of $3.55 if the appeal is dismissed.
Will Aptos Buyers Step Up or Stay on the Sidelines?
With the most recent fall, Aptos (APT), which has been trading around the $11.20-$9.60 region for a while, is clearly showing signs of weakness and lack of momentum.
Over the past seven days, Aptos (APT) has fallen more than 23 percent below the $10 support level. Its strong bearish trajectory was illustrated by the bearish double-top reversal pattern that emerged during a 4-hour period.
The Relative Strength Index (RSI) of 46 for the Aptos (APT) network further indicates a decline in buying power, which might push the market closer to the oversold region. Aptos (APT) may have its initial support during the decline near the lower $9.6 zone, and the 50-day exponential moving average may also provide some demand.
DTX Presale Success: 400% ROI and Counting
DTX Exchange (DTX) is an upcoming exchange platform that aims to transform the old-school trading scene into something revolutionary.
It is bringing us the crypto world’s first unified exchange platform that is bringing together stocks, cryptos, and forex trading assets on a single platform. This will save you from the hassle of switching between platforms to manage different asset classes.
The innovative technology behind this platform is powered by the VulcanX blockchain, which is exclusively made to work with traditional assets like FX and equities. The testnet for the blockchain has already begun, with a TPS of over 100,000 estimated.
Furthermore, the platform recently announced the launch of Phoenix Wallet, which is a secure custody solution for crypto, stocks, and forex and is easily available on the DTX website.
The platform comes with loads of other features, which sets it apart from other run-of-the-mil platforms, these include leverage up to 1000x, lightning-fast transaction speeds, a user-friendly interface, and a lot more.
Its native token, DTX is currently in its presale stage 6, which is almost 95% sold out, and all set to move to the seventh stage, with a price hike of up to $0.14 per token.
This has translated to over 400% ROI for all the early investors. The subsequent rounds are expected to show a price surge of another 100%, check out the DTX presale today so you can enjoy maximum ROI.
To know more about the DTX Exchange ecosystem, Check out:
