**Arkham (ARKM) Shows Potential for Bullish Rebound**
Arkham (ARKM) has seen a gradual uptrend, reaching a local high of $0.46 after successfully rejecting bearish pressure at the $0.32 support level. Despite a recent price dip, buyers have shown resilience, suggesting the possibility of a rebound. Trading volumes for ARKM have surged by 368.2% in the past 24 hours, reaching $68 million. As of 9:39 a.m. EST, the token is trading at $0.38, indicating a 0.4% increase in the last 24 hours.
**ARKM’s Ascending Triangle Signals Bullish Trend**
The ARKM chart displays a gradual uptrend starting from the $0.32 support level where bears were unable to make further advances. Despite ongoing struggles with pricing, bulls have established themselves. This struggle has resulted in the formation of an ascending triangle pattern, suggesting the continuation of a bullish trend if there is a breakout.
Following resistance at the upper boundary of the triangle, bulls gave way to bears and the price dropped. However, observing the rebound at the lower boundary of the triangle indicates an opportunity for bulls to drive the price upwards and beyond the triangle. The presence of both the 50 simple moving average signaling bullish momentum and the 200 simple moving average acting as support further strengthens this potential rally.
On the other hand, the Relative Strength Index (RSI) is currently at 42, showing significant selling pressure with a declining trend. If this trend continues, there may be a rebound once the RSI reaches oversold levels at 30.
**ARKM Price Remains Bullish Overall**
Despite fluctuations in swing highs and lows, ARKM remains in an overall uptrend. The presence of an ascending triangle confirms this bullish outlook with targets set at $0.41 and $0.45 respectively. However, if a candlestick opens below the lower boundary of the triangle, there could be a price decline ranging between $0.35 and $0.33.
**BTCMTX: A Top Choice for Passive BTC Earnings**
Another promising project worth considering is Bitcoin Minetrix (BTCMTX). Currently in its presale stage, BTCMTX offers attractive returns and rewards through its stake-to-mine program. The project has already secured significant funding during its presale, indicating strong investor interest.
BTCMTX aims to revolutionize cloud mining by tokenizing it, eliminating the risks associated with third-party cloud mining schemes. This gives control to token holders and emphasizes security and transparency. The project has received praise from industry experts as a reliable and secure way to invest in Bitcoin mining.
**Participate in Stake-to-Mine with BTCMTX**
Bitcoin Minetrix introduces an innovative approach called stake-to-mine, combining cloud mining and token staking. The staking pool has already gained significant adoption, with over 32 million BTCMTX tokens staked within it. Currently, the project generates 158.5 tokens for every Ethereum (ETH) block, resulting in an impressive annual percentage yield (APY) of 1291%.
Token holders can convert their BTCMTX tokens into mining power, allowing for passive token generation through the staking mechanism. However, as more investors stake their tokens, the APY will gradually decrease, making early investment crucial to fully capitalize on this high percentage.
**Join the Presale and Stake-to-Mine**
To participate in the presale and stake-to-mine program, you can buy Bitcoin Minetrix BTCMTX tokens with a minimum investment of just $10. Connect your Web3 wallet to the platform and purchase BTCMTX tokens using Ethereum, Binance Coin, USDT, or bank cards. Don’t miss out on becoming an early buyer and taking advantage of this exciting opportunity.
**Hot Take: Bitcoin Minetrix (BTCMTX) Offers a Secure and Transparent Approach to Bitcoin Mining**
Bitcoin Minetrix (BTCMTX) presents a unique investment opportunity for those interested in Bitcoin mining. With its stake-to-mine program and emphasis on security and transparency, BTCMTX has garnered significant attention during its presale stage. The project has received praise from industry experts and offers an impressive annual percentage yield (APY) of 1291%. By staking BTCMTX tokens, investors can passively generate tokens through cloud mining. Early investment is key to maximizing returns as the APY will gradually decrease with more investors staking their tokens. Don’t miss out on this innovative approach to Bitcoin mining with BTCMTX.
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