Market participants are excited that Trump will take over the office. This will be a significant political event, and the effect can already be seen in the world of cryptocurrency. Bitcoin dropped below the $90,000 mark on Monday, but it has reclaimed the $100,000 psychological price level due to positive sentiments. For the upcoming bull cycle, institutional investors are focusing on three altcoins – Ripple (XRP), Hedera (HBAR), and DTX Exchange (DTX). The XRP price has taken out the December high with a decisive breakout supported by high trader participation on Wednesday. HBAR has also shown strong strength as it has local resistance levels. Another stand-out this altcoin season is the top presale performer, DTX Exchange. With unparalleled trading features and an innovative platform, DTX leads the market with 600% returns. XRP Price Shows Tennis Ball Action at Retest Ripple has continued the momentum of last November’s bull rally. In the previous seven days, the XRP price has increased 34%, making it one of the top gainers. On Thursday, the asset retested the breakout level, and immediate buying came, signaling high strength. From the descending trendline breakout, the XRP price has surged 28% and is targeting the all-time high as the next target. Source: CoinMarketCap The current RSI of the XRP price is above the overbought zone, so a pullback or consolidation may occur. In case of a pullback, the $2.90 level is immediate support. The XRP price is trading just 7% below the ATH and might achieve it in the next few weeks. In the SEC vs Ripple case, the SEC took its fight with Ripple to the next level by filing an appeal against a district court ruling. This ruling classified the Ripple (XRP) token differently depending on whether sales were made to institutional investors or retail buyers. Ripple’s leaders have brushed off the SEC’s move, calling it a waste of effort and out of touch with the changing priorities of the crypto industry. Meanwhile, the XRP price rally reflects growing market confidence that the SEC might fail to overturn the court’s decision. Hedera (HBAR) Pounces Towards New Highs Hedera (HBAR) is becoming increasingly popular even as it is experiencing both highs and lows within the market. Established partners such as IBM and Google are backing Its technology. The technical analysis shows that Hedera (HBAR) has just broken the triangle on the daily chart which means a possible bullish trend for the second half of the month. Hedera (HBAR) isn’t slowing down. The platform continues to explore new technologies and partnerships to grow its ecosystem. A key focus of Hedera (HBAR) is interoperability, which ensures smooth interaction with other blockchains. While big players like Bitcoin and Ripple often influence market trends, Hedera (HBAR) stands out with its unique technology and use cases, paving its way forward. DTX Exchange: Hybrid Platform Redefining Trading While Ripple (XRP) and Hedera (HBAR) grab attention, the DeFi newcomer, DTX Exchange (DTX) , is set to record straight with alteration in the trading industry. It is the first trading exchange that caters to both traditional and digital asset traders by providing over 120,000+ tradable instruments. DTX Exchange’s innovation doesn’t stop at traders; community members can earn with various incentive programs. Additionally, DTX token holders get advanced tools, including copy trading and social trading, algorithmic trading, and AI bots. The token has performed remarkably in the ICO and has already raised $11.88 million in the seventh stage. Early investors have enjoyed a staggering 600% ROI, and the token is now priced at $0.14. For investors seeking long-term profit growth opportunities in the bull cycle, DTX is a name to track closely. Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community The post 3 Altcoins That Will Pump After Trump Day 1 Executive Order: Ripple, Hedera, and DTX Exchange appeared first on TheCoinrise.com .
