As the 2025 bull market gains momentum, major changes in the crypto market can be seen. Recently, Ripple CEO Brad Garlinghouse publicly opposed the creation of a Strategic Bitcoin Reserve. He believes that with the Strategic Bitcoin Reserve, there should be other cryptos like XRP and ETH. This opposition created massive volatility as the XRP price fluctuated within a 13% intraday range on Monday.
Meanwhile, industry experts favor emerging low-cap altcoins because large caps like Ripple don’t have explosive price potential. One standout this season is the hybrid protocol DTX Exchange (DTX). Due to its unique positioning in the crypto market, this project has attracted investors from all over the crypto community. Experts believe that DTX Exchange, after listing on Binance, could mirror XRP’s price trajectory.
XRP Price Forms Long Hammer Candle, Signaling Potential Reversal
While the fight for the Strategic Bitcoin Reserve continues, top altcoins are facing a correction period. After reaching a high of $3.40 on January 16th, the XRP price has been trading range-bound in a pennant pattern. On Monday, it experienced a big drop of around 13%; However, by the end of the day, it recovered to the high, forming a long tail on the downside. Currently, the XRP price is trading at $3.09, with a flat movement in the last 24 hours.
Courtesy: TradinView
The volatility of the XRP price is interminably slowing down as it reaches the edge of the formation. The $3.20 resistance level is a bar for breach of this formation while the psychological support of $3 will be a vital aspect of its reverse action. If the crypto market picks up momentum again, the $4 target can be achieved by the XRP price in the short term.
Can Ripple Enter in Strategic Bitcoin Reserve?
After the idea of a U.S. government Strategic Bitcoin reserve was put on the table, Ripple’s management and Bitcoin supporters got into a fight. This is because XRP was contemplated as part of the reserve discussions. Ripple’s Chief Executive Officer, Brad Garlinghouse, pushes for a balanced reserve, while the others fully oppose it.
Riot Platforms Vice President Pierre Rochard accused Ripple Labs of lobbying against a Strategic Bitcoin Reserve (SBR) in the U.S. He further alleged that Ripple’s opposition to the SBR is based on the idea that Ripple wants to introduce the central bank digital currencies (CBDCs) that it is able to run through its infrastructure. If Ripple finds its way around the Strategic Bitcoin Reserve, we could see another XRP price rally.
DTX ICO: The Hottest Listing of 2025
The most discussed crypto ICO, DTX Exchange (DTX), has finally entered the final stage of the token presale. The project impressed experts by raising $13.20 million with over 400k unique holders. Its success is attributed to its revolutionary hybrid technology and innovative blockchain. DTX Exchange closes the gap between TradFi and DeFi, becoming the first-ever hybrid exchange that offers a one-stop solution for traders.
Unlike traditional exchanges, DTX offers a multi-asset trading facility, meaning platform users can access over 120,000 asset classes, including crypto, forex, equity, and bonds. DTX Exchange is powered by layer-1 VulcanX blockchain and aims to reshape the global trading industry of $100 trillion in different speculative markets.
Due to the huge rise in crypto ETFs, DTX Exchange has provided more than 1,000 tokenized ETF trading, which also gives access to areas where it is prohibited. Additionally, traders are empowered by 1,000x leverage for maximum profit potential, which can be applied to a diverse range of assets.
In the final phase of the ICO, the demand has increased significantly as this is the last opportunity to grab tokens at $0.16 and the instant gain with a $0.20 listing price; more and more investors are participating in the presale. Industry experts project an 80x surge post-launch, making it the best presale to keep track of.
Find out more information about DTX Exchange (DTX) by visiting the links below:
