Amid Market Recovery, Avalanche (AVAX) and Polkadot (DOT) Show Notable Bearish Pressures. DTX Exchange Demand Soars Due to Global Scope and Industry-Relevant Features

Avalanche (AVAX) and Polkadot (DOT) are established cryptos with high hopes from holders. Amid the market turbulence, both altcoins are facing high bearish pressures leading to notable losses.

Amid the market recovery, several cryptos are facing notable price pressures. While some altcoins, such as DTX Exchange (DTX), are witnessing a surge in demand due to their global scope and industry-relevant features, others like Avalanche (AVAX) and Polkadot (DOT) are encountering high bearish sentiments leading to significant losses.

Here's a closer look at the latest updates on AVAX, DOT, and DTX Exchange:

1. Avalanche (AVAX) Price Momentum Turns Bearish

After the turbulence in the broader market triggered massive speculation, Avalanche (AVAX) failed to display resilience despite ongoing developments. Despite a 1.7% price rise in the intraday chart, the AVAX token price trajectory pivoted to bears following an 18% monthly correction. The upsurge needs to persist longer if Avalanche (AVAX) tends to witness a price rally.

According to technical indicators, the Avalanche (AVAX) price can display a massive downturn as the price currently hovers below the key EMAs. A bullish reversal could occur if Avalanche (AVAX) surpasses the $33.5 threshold. Trading at $26.8, falling below $25 could lead to further token offloading.

2. Polkadot (DOT) Fails to Display Price Recovery

Polkadot (DOT) is under high criticism after failing to perform up to par amid a recovery market. Despite rising activity on the sharded blockchain of Polkadot (DOT), the crypto price is not seeing a notable impact. Polkadot (DOT) is down by 0.5% on the intraday chart and 5% on the monthly timeframe.

Despite recent upgrades and the introduction of Hyperbridge for enhancing blockchain interoperability, the Polkadot (DOT) price seems to be continuing its sideways momentum for the next few days. Trading at $6.1, a potential downturn below the $6 support level is anticipated if bulls fail to gain hold of the project.

3. DTX Exchange Demand Surges Due to Global Scope, Relevant Features

DTX Exchange (DTX) is a licensed and advanced cryptocurrency exchange that has created a buzz in the trading sector with its scalable approach to revolutionizing the trading sector, boasting a transaction speed of 0.04 seconds with blockchain L1 technology. DTX platform allows investors to maximize profits through automated trading strategies, APIs, and 1000x leverage in diverse financial sectors.

The project targets diverse communities of traders, focusing on new entrants. It offers robust and accessible trading techniques, including no KYC requirements and liquidity pools. Through the unique and cutting-edge solutions of DTX Exchange, the project commits to user security and ownership through non-custodial wallets and other asset-holding strategies.

After a remarkable performance in 2024, DTX Exchange has raised over $870k within weeks of stage 2. The DTX token is priced at $0.04, leading experts to forecast a potential increase to $0.06 in the next round. The DTX token is poised to skyrocket to $1 once it hits the mainnet amid surging demand for its industry-relevant use case.

For investors seeking a project with real-world utility and deflationary tokenomics, DTX Exchange presents a once-in-a-lifetime opportunity to be part of the next big giant of the crypto space by investing in the 25x potential of DTX’s secure and KYC-free ecosystem.

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