Ethereum Price Forming The Bull Flag, Strong Rally Soon?

After dipping below the $3,000 level, Ethereum price is trading above $3,400, showing strength in the crypto market.

As Ethereum price continues to trade above the crucial $3,400 level, showing strength in the crypto market, investors are eagerly watching the best altcoins, expecting the start of a new upswing.

In the list of best altcoins, DTX Exchange, a new hybrid exchange platform, is quickly dominating the scene. Having raised $1 million and acquired over 5,500 holders within just two months of its presale, DTX Exchange is making waves in the crypto world.

Another strong contender in our list of best altcoins is the recently launched LayerZero (ZRO). After forming a flag consolidation, LayerZero (ZRO) is set for the next leg up.

Ethereum Price Forming The Bull Flag, Strong Rally Soon?

After making the recent swing low on 5th July, Ethereum price is up over 23% in just 15 days. However, after the move, it has been in a bull flag consolidation. If we look at the price action, it can break out from the flag very soon and start the next leg of the rally. We could probably see the new all-time high in the coming upswing.

As of July 22, 2024, Ethereum is trading at $3,480. Its market cap is $418.3 billion, and its 24-hour trading volume is $15.6 billion. The market sentiment is currently bullish for the Ethereum price.

LayerZero (ZRO) Up Over 25% In the Last 7 Days What’s Driving The Price?

After the recovery in the crypto market, LayerZero (ZRO) is one of the coins that have been trading at an all-time high since its launch. In the last seven days, LayerZero (ZRO) price has increased around 28% and is currently trading at $5.13 at the time of writing. The reason behind the move is the inventor’s interest, as the market is going near an all-time high.

LayerZero (ZRO) is a protocol designed for smooth and secure communication between different blockchains. By using Ultra Light Nodes and decentralized oracles, it supports over 70 blockchain networks and has facilitated transfers of over $50 billion in assets. The ZRO token of LayerZero (ZRO) plays a key role in this system, enabling payments, governance, and rewards for network participants.

Best Altcoin List: DTX Exchange To The Moon In 2024

With the Ethereum price nearing its all-time high and the fresh highs in LayerZero (ZRO), more and more investors are shifting to the DTX Exchange. DTX’s hybrid approach blends the best features of centralized and decentralized exchanges, offering traders a top-notch platform with a variety of trading options. The platform’s non-custodial wallets ensure decentralized security, giving traders full control over their private keys and digital assets.

Investors now have a great chance to get involved with DTX Exchange and shape its future during the ongoing presale. At just $0.04 per token, the presale has already raised over $1,000,000 as it enters stage 2. The market is ripe for DTX to capitalize on this momentum.

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

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