
Crypto Market in October: Breakthroughs and Prospects
21.10.2024
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0October has been a successful month for cryptocurrencies, with breakthroughs through resistance levels. Solana (SOL) has risen by 9.48% over the week, bouncing off the Fibonacci level of 0.382 and completing an inverted "head and shoulders" pattern. Currently, SOL is trading at $152 with a market capitalization of $71.65 billion, although trading volume is decreasing, which may indicate a drop in activity.
Litecoin (LTC) is also showing bullish sentiment, breaking through upper resistance. After reaching a high of $73, LTC has pulled back by 4%, while remaining above short-term moving averages.
The new token DTX Exchange (DTX) has experienced a 300% increase and surpassed $5 million in its presale. The launch of its test network, capable of 10,000 transactions per second, makes DTX an attractive option. With a price of $0.08, the expected price after listing is $0.20, which could yield a 150% return