Although the crypto market is highly volatile, there are still top crypto coins with massive potential for short and long-term profits. While the likes of Solana and Dogecoin have dominated the market for a long time, newer DeFi tokens like Elluminex could outrank both in the coming week. Elluminex is a next-generation DeFi project that has come to redefine how crypto transactions are executed. Projected to launch on TON blockchain, It will address issues related to fragmented liquidity, high gas fees, and complex interfaces inherent in the DeFi landscape. Expert Predicts $4 Milestone For XRP, Once Key Resistance Level Is Broken The Ripple price chart shows that the altcoin is experiencing a market correction that opens the door to buying the dip. For Ali Chart , an on-chain analyst on X, the XRP token has been consolidating in the current bull flag for a while, and should it pass the $2.60 resistance level, it will head to $4. Based on data from CoinMarketCap , XRP price has already soared by 116% in the past month. Although the price dipped by 3% a few days ago, XRP trading volume is up by 37%, a signal of an impending bullish rally. As per Tradingview , XRP crypto currently trades above the 50-day SMA, with its 14-day RSI showing 66. Given that the XRP market sentiment is bullish, if the XRP crypto price should pass the $2.70, $2.84, and $2.97 resistance zone, the altcoin price will likely head towards the $4 next target. Solana Coin Sees Temporary Dip, But Trading Volume Surges By 41% Although the Solana token price has dipped in the past weeks, investors remain optimistic of a market rally in the coming weeks. According to CoinMarketCap , Solana’s price declined 10% in the past month and a further 3% in the past 7 days. However, the Solana trading volume has increased by over 25% in the past 24 hours due to the increasing whale accumulation. A crypto trader on X, Allien Ovich , believes Solana’s price could turn higher despite trading within a downtrend channel. According to the tweet, when Solana crypto breaks above $227.5, it can only go higher. However, despite the bullish outlook, Solana’s market sentiment remains neutral. Also, Solana recorded 13 green days in the past month, which is a concern for most holders. Although Solana is struggling to stay above the crucial $220 support zone, the growing adoption of the Solana blockchain makes it one of the altcoins to watch in the coming weeks. Investors Eyeing Dogecoin Breakout Towards $1 Mark Dogecoin (DOGE) has failed to capitalize on Bitcoin’s recent bullish rally as the meme coin price continues to drop. Dogecoin price plummeted by 2% in the past week, as per CoinMarketCap , and 3% some days ago. This means this coin is undergoing correction, which could be a good time to buy. While analysing the Dogecoin price chart on X, Andrew Griffiths claims that Dogecoin is currently building upward momentum. Using the 4-hour Heikin Ashi Chart, Andrew projects bullish momentum for the Dogecoin crypto, which could pave the way for a rally toward $0.54. Meanwhile, Dogecoin market sentiment is bearish despite price volatility of 4%.key oscillators such as Awesome Oscillator (5, 34) and VWMA (10) are flashing sell signals; however, Coincodex projects a massive 226% price gain in the short term. Elluminex: A Top DeFi Project Projected For Massive Rise Based on data by Mordor Intelligence , the DeFi market size is projected to hit $78B by 2029. To improve the DeFi space and harness its full potential, Elluminex (ELX) is launching a new DeFi hub on the TON blockchain, which will address major issues relating to interoperability, scalability and security that users face in the DeFi industry. The new DeFi protocol is designed to connect isolated blockchains while offering users a high level of liquidity that is hard to match by other platforms. Through the Elluminex decentralized exchange, users will be able to trade seamlessly with little or no slippage and earn profits. The Elluminex ecosystem is designed with advanced trading features, like the AI portfolio tracker, which provides real-time data and analytics, allowing traders to trade with insight and earn rewards all from one place. Outside of that, there is an educational platform designed to enhance users’ understanding of the DeFi industry. Elluminex aims to leverage the TON blockchain to develop a platform which allows users to trade, stake, farm, bridge and track their portfolio with ease. Given the limited 350M total supply and the deflationary mechanism, the Elluminex native token, ELX, could follow the path of Dogecoin 2021 bull season. Which Top Cryptocurrencies Will Experience Explosive Growth Soon? With the altcoin season far from over, Solana, XRP and Dogecoin prices could witness massive rallies before the end of the bull cycle. However, Elluminex is coming up with a solution to common DeFi problems, which will likely trigger its adoption. With the goal of bringing DeFi to the TON ecosystem, the ELX token price might follow the path of the Dogecoin 2021 bull season.feF For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses The post Ripple (XRP) And Solana (SOL) Taking Notice Of This New DeFi Which Could See A DOGE 2021 Like Run appeared first on Times Tabloid .
