SPONSORED POST*
A veteran crypto expert has predicted the crypto market will touch new highs in September. This report came after the market rebound, which is fueling the next rally. All the major cryptocurrencies, Arbitrum (ARB) and Bitcoin Cash (BCH) have also recovered from the lower levels.
In his report, the expert also predicted the upside potential of the DTX Exchange. According to him, DTX will launch at the price of $0.12 giving around 300% return in just a few months from now.
Bear Flag In Bitcoin Cash (BCH) Investors Shifting To DTX
From the recent swing high, Bitcoin Cash (BCH) fell around 38% and bottomed out at $274.28. However, after the sharp fall, Bitcoin Cash (BCH) has recovered to the current level of $346, but investors are afraid because of the bearish reversal pattern formation in Bitcoin Cash (BCH). Breakdown from the bearish flag could reach the support level around $290.
The major problem for Bitcoin Cash (BCH) is that it is facing resistance from a 50-period moving average, which indicates a short-term bearishness force in the price. However, a break in the upside resistance of $370 can lead the Bitcoin Cash (BCH) price to the $460 level. Due to this lacking price action, some Bitcoin Cash (BCH) investors have already shifted to DTX Exchange, seeing its growth potential.
Arbitrum (ARB) Trading Between $0.55 and 0.6 Level
Arbitrum (ARB) is currently ranked #39 in the list in a matter of market cap. In the last 24 hours, it has seen choppy price action with a 1.34% decrease in the price. However, the trading volume in the same period has increased by 24%, indicating the high volatility in Arbitrum (ARB).
For the last few days, Arbitrum (ARB) has been trading in the range between the 10 and 20 period moving averages. Breakout in either direction can give a follow-through in Arbitrum (ARB), giving a new direction for the price.
Security A Top Priority For DTX Exchange
As crypto enthusiasts eagerly await the next bull run, experts are highlighting top altcoins that could deliver significant profits. DTX Exchange emerges as a standout because of its advanced security measures.
This next-generation hybrid trading platform has captivated traders with its unique 1000x leverage feature. It offers users the chance to generate substantial returns while ensuring privacy by integrating both centralized and decentralized elements.
DTX’s hybrid TradFi platform covers a wide range of financial sectors and offers access to over 120,000 assets. The platform is praised for its robust security, distributed liquidity pools, multi-tier accounts, advanced analytics, and blockchain layer 1 technology. Industry leaders are calling it an all-in-one marketplace that combines the best features of centralized and decentralized exchanges.
DTX Exchange blends traditional finance (TradFi) and decentralized finance (DeFi) assets on a single platform. Its native ERC-20 token, DTX, boosts investment returns through staking and arbitrage opportunities.
The ongoing presale has caught the attention of major investors, with analysts predicting a significant price increase. They expect the token’s value to rise from its current $0.04 in stage 2 to $0.12 when it goes public.
Learn more:
*This article was paid for. Cryptonomist did not write the article or test the platform.
