DTX Exchange (DTX) Crowned Top Presale of 2024; Predictions Turn Negative for Avalanche (AVAX) and Arbitrum (ARB)

DTX Exchange (DTX) came with its presale and has already raised $1.2 million in just two months. This makes DTX the top presale of 2024

DTX Exchange (DTX) has emerged as the standout performer in the presale arena for 2024, attracting a remarkable $1.2 million in investment over a short two-month period. This exceptional achievement has propelled DTX to the forefront of promising crypto projects, with over 10,000 enthusiastic holders joining the cause.

As the broader crypto market continues to experience turbulence, with price movements in Avalanche (AVAX) and Arbitrum (ARB) trending negatively, investors are pivoting towards high-potential opportunities like DTX Exchange.

Boasting blockchain technology at its core and an innovative business model, DTX Exchange is poised to revolutionize the exchange landscape. With the presale stage progressing at an optimal pace, DTX is rapidly approaching a point where it will surpass AVAX and ARB.

Arbitrum (ARB) Performance Lags Peers Significantly

In early July, Arbitrum (ARB) breached a critical support level of $0.75, signaling a steep decline. Despite briefly retesting the level, ARB continued its downward trajectory following the failed attempt at a rally.

From the retested support zone, Arbitrum (ARB) has plunged over 35%. Trading at an all-time low, ARB encounters a lack of further support.

Moreover, the relative strength index for ARB indicates heavy selling, with the indicator positioned below the 30 line.

On Monday, Arbitrum (ARB) formed an exhaustive volume candle, which may indicate a potential reversal in price.

In the event of a trend change, Arbitrum (ARB) will encounter resistance at key levels of $0.628 and $0.738. Additionally, the 50-day and 200-day moving averages could serve as resistance points.

Bearish Momentum Strong in Avalanche (AVAX); MACD Line Negative

Avalanche (AVAX) is another crypto that has been significantly impacted by the broader market correction. From the recent swing high, AVAX has dropped 36%, currently trading at a 6-month low.

The 12-period EMA of MACD in AVAX is positioned below its 26-period EMA, indicating a bearish trend in the price.

If Avalanche (AVAX) continues to decline, it will approach the next support zone at $15, while encountering resistance at the $24 level on the upper side.

Overall, the price action in Avalanche (AVAX) suggests a negative trend, with potential for further developments that could shift the price momentum.

DTX Exchange Surges While Other Cryptos Falter

In the first stage of the presale, DTX was priced at $0.02, and in the current second stage, it is $0.04 per token, offering a 100% return on investment in a short period of time for early investors.

DTX Exchange is meticulously designed to empower traders with an exceptional advantage in accessing lucrative opportunities, thanks to its blockchain technology core.

The DTX platform also provides a vast array of charts and graphs, which are invaluable to DeFi users who need to effectively navigate market trends. These features are further complemented by industry-fast 0.04 seconds of average execution speeds.

DTX Exchange boasts several unique features that propel it to the forefront of the crypto space. Among the key benefits DTX offers users are 1000x leverage for maximizing profit potential, over 120k crypto assets, profit shares, trading bonuses, and all this without any KYC hassles.

DTX combines the strengths of both centralized and decentralized exchanges, giving it an edge over competitors.

Learn more:

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