From September 18, the Solana (SOL) TVL volume has continuously increased from $4.66B to $5.28B. Also, the SOL price also increased during the same period after the double bottom pattern.
Meanwhile, Litecoin (LTC) has again failed to surpass the near-resistance level and has fallen back into the base. Due to its weak performance, traders are shifting to DTX Exchange (DTX), the first hybrid exchange currently trading in its earlier stages.
Solana (SOL) Near Crucial Resistance Of 200-Period Moving Average
After taking multiple support from the $125 level, Solana (SOL) has finally shown some good momentum. In the last seven days, Solana has increased by 15%, marking a big move after a long period of consolidation.
The next major resistance for the Solana (SOL) price is the 200-period MA, currently at $154.59. If the SOL price rejects this level, we can see a restart of the downtrend. The increase in Total Value Locked (TVL) has positively impacted the Solana (SOL) price, and if it further increases, we can see an all-time high coming in the coin.
Litecoin (LTC) Faces High Volatility
In recent weeks, Litecoin has disappointed investors with its very poor momentum. For the past five weeks, It has tried to break out from the $68 resistance level multiple times, but it has not been able to do so. Litecoin is trading above all the short-term moving averages, but there is still no strength in price.
The MACD indicator in Litecoin indicates bearish pressure in the chart, with a bearish crossover formation in the moving averages. Also, the volume associated with the decline has increased, showing higher participation during the selling.
DTX Exchange (DTX) Becoming Safe Haven For Traders Amid Market Volatility
The market has become highly volatile after the Fed event, causing high price swings in major cryptocurrencies. While Solana (SOL) has a near barrier to cross, Litecoin has continuously shown weak performance for weeks. DTX Exchange (DTX) has stood tall, saving traders from this high volatility. DTX Exchange (DTX) has increased 100% in the last week, showing resilience against the market volatility.
DTX Exchange is making news in the trading community with its advanced features and hybrid blockchain, which can process over 10,000 transactions per second, as shown in testnet results.
DTX allows traders to earn significant profits up to a thousand times greater, even with little bought capital. With AI-driven automation and real-time analysis, the platform greatly supports traders’ profiting from fast-moving markets.
Decentralized security is a strong suit at DTX, with no KYC and non-custodial wallets with several account options. Users can stake their DTX tokens to take part in platform development, voting for future developments. This increases participation and makes the platform secure and happy.
The presale is charging ahead having already gotten over $2.7 million in the latest round. At just $0.06 per token, DTX is predicted to be able to achieve a 95x increase after the launch.
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