Ethereum price has slipped below $2,800, down by over 40% from its highest in December last year. This decline was influenced by waning demand from ETH investors. Notably, Spot Ethereum-traded funds recorded net outflows of $40.95 million on Wednesday, which brought the cumulative inflows to $3.2 million. Similarly, the Dogecoin price action has formed an early stage cup-and-handle. This breakout pattern typically indicates a trend reversal, highlighting that the leading meme coin by market cap could be on the verge of an upward breakout once the neckline is broken.
Meanwhile, DTX Exchange (DTX) has quietly captured the spotlight after recording another price surge to $0.18. This represents an explosive 800% return, which has triggered renewed interest from institutional and retail investors. Let’s uncover the Ethereum and Dogecoin price charts to determine whether ETH and DOGE could maintain bullish momentum and investigate why DTX is fast-rising among the best cryptos in 2025.
Ethereum (ETH) Forms Dead Cross
The Ethereum price has faced waning investor demand as whales continue to dump their tokens. According to Lookonchain data, one big whale deposited 20,000 tokens worth $52.8 million into Kraken in January and sold 20,000 ETH tokens in January, leaving him with tokens worth $134 million. Technical indicators indicate that the Ethereum price could continue its current downtrend. The Ethereum price has formed a death cross on the daily chart.
This technical event typically occurs when a shorter moving average crosses the longer one. The 50-day moving average in this scenario has crossed the 200-day exponential moving average. This technical indicator highlights that the Ethereum token could be on the verge of a breakdown. Historically, the Ethereum price dropped by over 20% when it formed a death cross in August 2024. Meanwhile, the Ethereum price also invalidated the formation of an inverse head-and-shoulders pattern when it crashed below $2,821.
Notably, this would have been its right shoulder. The ETH coin has also formed a double-top chart pattern at $4,100, with a neckline at the $2,140 mark. Therefore, the Ethereum price could record a strong bearish momentum. The immediate target for the Ethereum price action will be around $2,140, where the double top’s neckline is about 20% below the current price level. If the ETH token drops below this level, it could stage a more downside rally, potentially to $1,530, the lowest swing in November 2024. However, a bounce off the 200-day moving average at $3,090 will invalidate the bearish view and steer it toward the upside.
DOGE Elliot Wave Analysis: Cup & Handle Suggest Price Bottom
The Dogecoin price recently completed a five-wave impulsive structure, followed by an extended corrective phase. The five-wave rally peaked near $0.486 before undergoing an ABC correction, which drove the price down to a local low of $0.20. This was a slight downward spike, as the price managed to pull up above the 0.618 Fibonacci level at $0.24. The DOGE price started a consolidation phase above $0.24 and marked a crucial support zone, which created a potential bottoming structure.
Notably, the Dogecoin price formed a rounded bottom on the 4-hour chart, often indicating signs of a trend reversal. Since then, Dogecoin price has made higher lows since bottoming out at the beginning of February. Its relative strength index is sloping upward, further cementing the bullish narrative. The RSI has been gradually increasing from oversold territory, indicative of early signs of growing momentum. Its 0.5 retracement level at $0.287 has become a critical barrier.
A close above this level would suggest bullish strength, positioning the Dogecoin price toward $0.33464. Additionally, the Dogecoin price has displayed a significant decline in selling volume, reflecting that the sellers are losing control. This could pave the way for a bullish breakout. Moreover, the cup-and-handle pattern has formed on the 4-hour chart. If the handle formation completes successfully, the DOGE token could confirm another bullish breakout. However, failure to break critical resistance could result in another retest of support levels near $0.24-$0.25.
DTX Exchange (DTX): Blending DeFi and TradFi
While Ethereum and Dogecoin may be established names, DTX Exchange presents a unique value proposition. It introduces a hybrid exchange that merges the strength of centralized and decentralized exchanges to increase traders’ accessibility and convenience. DTX supports 120,000 financial instruments, from stocks, forex, and bonds to crypto coins and tokenized ETFs.
Even more interesting is its standout 1000x leverage, which has appealed to high-stakes traders who want to maximize their gains. The project is built on the layer-1 blockchain VulcanX, which boasted 200,000 transactions per second on the live testnet. This transaction speed has positioned the altcoin as a contender in the market compared to Ethereum’s 15-20 TPS. As such, users can capitalize on trade opportunities as they happen. Meanwhile, DTX’s tokenomics are designed to limit supply to 475 million tokens.
This strategy might drive scarcity as adoption grows. Industry insiders consider it similar to Cardano’s (ADA) capped supply model but could be tailored for a trading ecosystem. With $14.3 million raised so far, reviewers argue that presale success reflects investor confidence in its utility. This contrasts with projects like Dogecoin (DOGE), which relies heavily on community sentiment rather than institutional-grade features.
Could DTX Outperform DOGE and ETH Recent Rallies?
DTX Exchange is a promising asset that every investor should have in their portfolio, even though DOGE and Ethereum prices offer encouraging signals of recovery and possible rises. DTX is rapidly growing as one of the biggest 2025 ICOs after its presale yielded an astonishing 800% return. Considering its low entry-level, staking incentives of up to 15%, ultra-fast transactions, and exceptional passive income potential, industry insiders predict 100x rallies post-launch.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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