XRP Whale attempts to breakout over $3, but retailers back this viral altcoin

Ripple shows bullish potential with a possible breakout, while DTX Exchange offers an 800% return for early investors.

Ripple has seen incredible volatility recently, but the outlook remains generally bullish. XRP prices are traded in symmetrical triangles, indicating a potential breakout soon. The SEC also recognizes Spot Ripple ETF (Exchange-Traded Fund), and there is news that the card has been approved.

In other Altcoin News, DTX Exchange continues to create waves as a highly invested potential Defi project that will revamp the current financial trading market, ensuring the wealth of a generation of investors. Early investors in the project have already enjoyed 800% return on their initial investments.

XRP prices have symmetrical triangle support

XRP prices have fallen nearly 10% over the past three days, with rejections seen near the upper limit of the symmetrical triangle pattern. This triangle lower boundary provides XRP price support and you can start bounce from here to tackle a $2.72 resistance. Below this support could mean the dominant bearish momentum in XRP prices.

Currently, there is a temporary balance between Ripple buyers and sellers. Experts hope that Ripple prices will surpass resistance to confirm market confidence and pave the way for a retest of the $2.8 to $3 resistance zone. If bullish momentum continues, the XRP price can undoubtedly expand towards the new local high of $3.86.

The US Securities and Exchange Commission (SEC) has approved filings by CBOE BX Exchange and lists Spot Ripple ETFs. There are rumours that approval will launch the SEC review process and the ETF will soon be approved. This allows retail and institutional investors to get in touch with Ripple Tokens without taking part in crypto trading. Ripple Ledger hopes that the XRP ETF will help stabilize XRP prices.

The ongoing legal process involving Ripple Labs and the SEC has not concluded, and the outcome of these deliberations could have a significant impact on XRP prices.

DTX Exchange surpasses top Altcoins

DTX Exchange is threatening top Altcoins with its performance as an investment. Its utility-based tokens have grown by 800% since the launch of excellent pre-sale, and when listed in mainstream exchanges, we expect even more surprising growth. DTX Exchange is restructuring crypto space and traditional funding by solving real financial challenges. This helps traders trade fiat assets and crypto derivatives on one seamless platform.

DTX Exchange offers 120,000 asset pairs including stocks, gold, bonds, forex, ETFs, commodities, NFTs, cryptocurrencies, and tokenized real-world assets. It also supports Phoenix Wallet, a digital non-customized wallet, allowing users to safely detain all these assets in one safe place. Phoenix wallets allow users to safely trade and manage a wide range of assets. Phoenix Wallet saw over 600,000 downloads. This will grow exponentially as the DTX platform becomes mainstream.

DTX users benefit from Crypto's anonymity because they don't have Kyc's policy. Solid Proof also audited DTX Exchange. The DTX Exchange platform provides 1000 times more leverage to users. This means you can access 100,000 worth of liquidity with a $100 investment. Not to mention the rebate programme where large DTX holders participate in profit sharing and earn passive income.

Key takeout

The DTX Presale is on the bonus stage due to overwhelming demand. It still attracts important investors' attention as we believe early adopters could challenge established centralized and decentralized exchanges.

PreSale has raised nearly $15 million as it could potentially provide a solution to trader's essential pain points, which positions the platform as a leader in the crypto space.

For more information, visit the DTX Exchange Presale website and join our online community.