The rally started after Trump's winning election paused in the last month of 2024. Still, the cryptocurrency market has gained momentum entering 2025. On Friday, the Bitcoin price extended its rally, reaching near the $99,000 resistance level. This level has been a major supply zone in the last few weeks, and breaking through it can propel Bitcoin price to a new high.
Expecting a bull rally like the one we witnessed in November, smart investors are buying the SUI blockchain, Fantom (FTM), and DTX Exchange (DTX). This guide will focus on which altcoins should be part of your portfolio during the bull run.
Bitcoin Price Forms Reversal Pattern
As of 4th January, Bitcoin is trading at $98,002 and has a market cap of $1.94 trillion. Since the bottom of last Monday, Bitcoin price has created a double-bottom bullish reversal pattern and is currently at the breakout point of the formation. Calculating the target from the depth of the pattern, the breakout from it could propel the Bitcoin price above the previous all-time high,
The Bitcoin price pattern suggests that if it pushes above the $108,388 high, it could challenge the $150,000 and 200,000 psychological targets. These projects indicate the price growth momentum in BTC; however, it might be slow because of the large market capitalization.
SUI Blockchain Breaks Previous ATH
Sui has become one of the few altcoins to break past in the last ATH. With an intraday move of nearly 15%, the SUI blockchain crossed the $4.96 resistance level. Over the past 24 hours, it has experienced a surge of 113% in the trading volume, signaling increased liquidity amid the rebound.
OKX Ventures announced on Friday that it has invested in Haedal, a liquid staking protocol on the Sui blockchain, as part of its seed funding round. The objective of Haedal is to strengthen the Sui blockchain through the mechanism of staking or to maintain the on-chain liquidity through liquid staking tokens (LSTs). The success of this technology will decisively revolutionize the Sui DeFi ecosystem which may lead to the mass adoption of the Sui blockchain.
Fantom (FTM) Recovery Signals Market Optimism
Fantom (FTM) has experienced a notable rebound after a significant decline of 54% from the $1.47 December high. Due to the sharp decline, many investors sold their holdings, but again, investors are optimistic about the reversal. Fantom (FTM) has increased 4.74% in the last seven days, climbing above the 10-day exponential moving average.
The recent price surge has the potential to stabilize Fantom (FTM) above the $1 major mark; however, support from the market sentiment is crucial. The key level to watch is $0.90, as holding above this mark could confirm the bullish trend in Fantom (FTM).
DTX Exchange: A Token Standing Out For Potential Growth
is a potential project ready to lead the uptrend, along with competitors like SUI Blockchain and Fantom (FTM). With the remarkable performance in the presale, it has raised $11,285,393, with over 400,000 investors believing in the token. DTX Exchange is the first platform to combine traditional finance with blockchain technology.
The DTX trading platform offers users access to over 120,000 assets, including cryptocurrency, equity, forex, and bonds, in combination with outstanding tools like 1,000x leverage, AI order execution, and a non-custodial wallet. The advanced tools let users effortlessly operate in the market with high efficiency and speed.
As the market gains momentum, the demand for community-driven and utility-based projects is increasing. DTX Exchange is benefitting from the trend rising from $0.02 to the current price of $0.14, presenting a sensational 600% ROI to early investors. Experts believe that the DTX token could surge by 100x once it hits the tier-1 exchanges.
Find out more information about DTX Exchange (DTX) by visiting the links below:
