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Chainlink (LINK) and Bitcoin Cash (BCH) are prominent cryptos, that displayed gains after the Bitcoin Conference. As the prices have reached critical thresholds, analysts forecast a potential downturn in the following days as bullish pressures are cooling down.
DTX Exchange (DTX) emerges as a notable alternative with ground-breaking potential to turn the ranking table upside down. With its advanced trading schemas and commitment to revolutionizing the trading sector, DTX's AI-powered hybrid platform will emerge as a game changer for Chainlink (LINK) and Bitcoin Cash (BCH) investors amid ongoing successful presale.
Chainlink (LINK) has disappointed investors after failing to sustain above the $13.8 threshold for over a month. Due to its sideways momentum, investors continue to shuffle large amounts of Chainlink (LINK) tokens, triggering high volatility. Investors speculate about the LINK price potential despite Chainlink’s rising RWA contributions for institutions and firms.
Following the technical analysis and statistical data, the Chainlink (LINK) price trend might linger at the current line for the next few days. Neutral indicators suggest a tug-of-war between bulls and bears at a $13.79 resistance point. If selling pressures persist, Chainlink (LINK) can retrace to the $11.5 price point in the upcoming days.
Bitcoin Cash (BCH) has topped the list of projects gaining high value this week after the Bitcoin Conference in Nashville. With over 14% gains, Bitcoin Cash (BCH) has broken the barriers with a bullish rally at $450. The BCH price rally was triggered by the optimism surrounding Bitcoin and record $56 million net flows in Bitcoin ETFs this week.
However, analysts alert investors that Bitcoin Cash (BCH) has entered an oversold region with an RSI value of 80. Moreover, BCH bulls are pushing hard to break past the critical $450 threshold but bearish pressures seem to strengthen. Analysts closely monitor Bitcoin Cash (BCH) price as it can be an all-time high of this weekly cycle or the start of another bullish surge to $500.
Due to speculations and fears of a potential downturn, whales shift to DTX Exchange (DTX) for sustainable growth prospects, surpassing the potential of Chainlink (LINK) and Bitcoin Cash (BCH).
DTX Exchange (DTX) emerges as the premier ICO of 2024, with its all-in-one solution for traders and users. DTX Exchange offers access to diverse financial markets with the power of artificial intelligence and automation to empower traders to enhance their trading strategies and maximize profitability.
DTX Exchange is perfectly positioned to tap into a market cap of $500 billion, thanks to its groundbreaking technological offerings in the trading sector, including blockchain layer-1 backed security and a hybrid trading model. With its cutting-edge features and immense potential, DTX has successfully raised an impressive $1.1 million in round 2 of its public presale.
As demand for the DTX Exchange continues to soar, it is quickly becoming a formidable force in the trading sector. Currently priced at $0.04, the DTX token is ready to soar past $0.06 in the next presale round. Market insiders anticipate that the presale will conclude by Q4 of 2024, with expectations that the token's price could skyrocket beyond $1 when it is listed on major centralized exchanges (CEXs).
Amid surging bearish trends for Chainlink (LINK) and Bitcoin Cash (BCH), missing out on the DTX presale could mean overlooking the next revolutionary trading platform that can soar to new heights after its listing. With the combination of advanced technology, robust security, updated regulatory framework, and high potential returns, DTX Exchange is set to revolutionize the future of the tradFi sector.
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