The US elections have introduced positive sentiment into the crypto market, with Bitcoin (BTC) surging to a new ATH. This sentiment has also pushed the prices of top altcoins such as Bitcoin Cash (BCH), Solana (SOL), and DTX Exchange (DTX) to new highs.
CoinMarketCap data shows that the value of the Bitcoin Cash coin has risen on the weekly and monthly timeframes. The case is also the same for SOL and DTX. Analysts forecast the price of DTX could increase by up to 500% in the coming weeks if the uptrend continues, while SOL eyes $200.
Bitcoin Cash (BCH) Price Soars, $400 in View
After a long period of bearish swings, positive sentiment has returned to the Bitcoin Cash (BCH) market. Data from CoinMarketCap shows the value of the cryptocurrency has pumped by 5.5% on the biweekly level and 14.3% on the monthly chart. The token pumped from $328 to $376 in less than a day.
Going forward, the Bitcoin Cash price could break above the $400 mark soon if the upward movement continues. Myng17726151 forecast the value of the Bitcoin Cash crypto could rise to $383 in the coming days. Last month, InvestingHaven predicted the value of BCH might rally to a yearly peak of $800 in 2025. Bitcoin Cash’s (BCH) Stochastic Fast (14) is showing a buy signal and supports the potential uptrend.
Solana (SOL) Overtakes BNB, Moves Closer To $190
The Ethereum killer, Solana (SOL), is not left of the rally. According to CoinMarketCap, the Solana price has risen 4.6% on the weekly level and 25.3% on the monthly timeframe. SOL has also overtaken Binance Coin (BNB) as the fourth biggest crypto, with a market cap of over $85 billion.
Solana (SOL) is also gradually closing in on the $190 mark after crossing $185. Analysts have even reacted to the latest price surge. TraderKoz forecast the value of the Solana coin could pump $500 in the coming months. According to them, the token is breaking out of an 8-month consolidation and could take advantage of the election to soar to new levels.
CryptoBoss told his followers the value of the Solana crypto could rally to $230 soon. Solana’s (SOL) Stochastic Fast (14) has currently entered the buying territory and supports this potential uptrend.
DTX Exchange (DTX) Raises $6.7M, Analysts Predict 500% Rally
DTX Exchange (DTX) is a new DeFi project that continues to smash records in presale. It has raised over $6.7 million in funding, while the DTX coin has increased by 300% to trade at $0.08. Analysts have dubbed DTX the best cryptocurrency to buy now for potential 500% profits before the year ends. The reason for its rapid growth is that DTX Exchange is introducing a new generation of trading where assets such as forex, equities, crypto, and ETFs are traded from a unified interface.
Through offering seamless integration of assets, DTX Exchange seeks to demystify the process of entry to the market, which would revolutionize both traditional and emerging financial systems. Allowing users to trade assets in the $714.7 trillion OTC derivatives market along with cryptos gives the DTX Exchange more potential than other exchanges. Another major addition to the DTX network is the Phoenix Wallet – a non-custodial wallet created for traders that allows them to manage their funds independently from large companies.
It remains the case that through this approach, users retain full possession of their stocks, crypto, and forex. The VulcanX blockchain is also part of DTX’s ecosystem and will use the Dedicated Proof of Stake (DPoS) to accommodate both conventional assets and cryptocurrencies. This blockchain allows secure and effective processing of transactions in various asset categories.
Final Thoughts
With the prices of Bitcoin Cash (BCH), Solana (SOL), and DTX Exchange (DTX) on an uptrend, more buyers are entering the market. According to the forecasts of analysts, these are the best altcoins that could surge in the coming weeks. Investors are closely monitoring these assets to see if a new bull phase could emerge.
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