DTX Exchange (DTX) and THORChain (RUNE) Mark Their Position at the Top as They Surpass SUI

According to the crypto whales, we are entering the bull rally in the crypto market by the end of August. DTX Exchange (DTX)  and THORChain (RUNE) have already

According to crypto whales, the bull rally in the crypto market will begin by the end of August. DTX Exchange (DTX) and THORChain (RUNE) have already taken the lead, surpassing SUI in the rankings. While SUI has risen by about 100% from the bottom, DTX has soared by 100% in less than a month, overtaking both SUI and THORChain (RUNE).

THORChain (RUNE) Great Bounce From The Lower Trendline Of The Wedge

As mentioned in our previous analysis, THORChain (RUNE) has been trading in a major wedge pattern for over five months. Now, THORChian (RUNE) has touched the lower trendline and is heading towards the upper trendline of the wedge. The expected level to break out from the wedge is around $4, and the next resistance after the breakout will be $5.

THORChain (RUNE) is trading in good price behavior despite the weak market conditions, but if it fails, the next support will be the $2.90 level from where it took support earlier.

Crypto Volt Famous YouTube Talks About DTX Exchange

DTX Exchange is rapidly跻身crypto market. The ongoing presale has already raised over $1.2 million and is projected to reach $2 million by the end of August 2024. Even popular crypto influencers, like Crypto Volt on YouTube, have recognized its potential, with Volt predicting that DTX Exchange could dominate the billion-dollar online trading sector.

DTX Exchange offers traders unmatched convenience by combining the best of both centralized (CEX) and decentralized exchanges (DEX). On a single platform, users can trade over 120,000 asset classes, including stocks, forex, and cryptocurrencies. Since KYC checks aren’t mandatory, the platform is especially appealing to privacy-conscious traders.

The platform's decentralized architecture gives users control over their private keys and assets, minimizing the risks of hacks and unauthorized access that are common with centralized exchanges. By integrating elements of centralized systems, DTX Exchange also ensures high liquidity and fast transaction speeds, solving the slow transaction times and liquidity issues often seen on DEX platforms.

Currently, DTX Exchange is in the second stage of its presale, with tokens priced at just $0.04. The token’s launch price is expected to be $0.12, making the current price seem highly undervalued.

SUI Pulling Back To Retest The Resistance Zone

The $0.887 level was a resistance zone for the SUI, but on August 10, it broke out from the level and touched the high of $1.180. After the high Sui price, we are not in the mood to pull back and retest the resistance zone. If it bounces strongly from that level, we can see another upswing; if not, the price will continue its journey downwards.

This breakout is also important because the SUI price has been trading in the channel for a long time now, and the breakout came with a strong volume. The breakout day volume was over double the previous day.

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