The post Trading Analysts Expect Massive Returns from Up-and-Coming Altcoin While Pepe (PEPE) & Cardano (ADA) Struggle appeared on BitcoinEthereumNews.com.

The crypto arena is very competitive. Up-and-coming crypto coins hope to take over the positions of already established tokens like Pepe (PEPE) and Cardano (ADA). At the moment, analysts think that one such altcoin has the potential to do just that – DTX Exchange (DTX). This rookie is now in its third presale phase and has soared by 200%. While PEPE and ADA are showing some volatility, experts say DTX may be the next 40x altcoin in the next few months. Pepe (PEPE) May See a Fakeout Pepe (PEPE) is one of the top altcoins, but it has seen some turbulence recently. CoinMarketCap shows that the Pepe price fell nearly 1% on the weekly chart but grew over 35% monthly. Crypto analyst Jackis also made a bullish statement for this altcoin. According to his X post, the Pepe coin may see a fakeout before an HTF continuation higher. The Pepe crypto technicals are also showing some volatility. For instance, Pepe (PEPE) is now trading above its 10-day EMA of $0.0000096 and its 50-day EMA of $0.0000088. However, its 1-day MVRV Ratio is sitting at -3.12%, which shows that new Pepe holders are holding it at a loss. Due to all these factors, market analysts remain cautiously optimistic. In their Pepe price prediction, they forecast a value of $0.00020 soon. Prominent Analyst Still Bearish About Cardano (ADA) Cardano (ADA) is another crypto coin that has seen some red charts. Over the past week alone, the price of Cardano dropped 3%, according to CoinMarketCap. Prominent expert Max Keiser made quite the waves recently as he had a bearish Cardano price prediction. In his X post, he said that this altcoin may lose another 90% of its value compared to Bitcoin in the next six months. But, many Cardano (ADA) enthusiasts had some…

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Filed under: News - @ October 13, 2024 1:09 pm