The post Arbitrum, Bitcoin Cash and DTX exchange recovers appeared on BitcoinEthereumNews.com.

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…

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Filed under: News - @ August 14, 2024 2:22 pm