Arkham (ARKM) Price Prediction: Could ARKM Experience a 50% Uptrend?

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Arkham (ARKM) has experienced a gradual uptrend, achieving a local high of $0.46 after rejecting bearish pressure at the $0.32 support zone.

Buyers have demonstrated resilience despite the recent price dip, suggesting a potential rebound. Trading volumes for the token 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 Ascending Triangle Signals a Bull Rally

ARKM/USD Chart Analysis. Source:Tradingview.com — ARKMUSD Chart Analysis. Source:Tradingview.com

The ARKM chart depicts a gradual uptrend originating from the $0.32 support level, where the bears were thwarted from making further advances. Despite the ongoing struggle with pricing, the bulls have established a foothold.

This struggle has resulted in forming an ascending triangle pattern, indicating the potential continuation of a bullish trend upon a breakout.

Following an obstacle at the triangle’s upper boundary, the bulls yielded ground, allowing the bears to push the price downward.

However, the rebound observed at the lower boundary of the triangle suggests that the bulls now have an opportunity to drive the price upwards and beyond the triangle.

Additionally, the 50 simple moving average has signaled bullish momentum with a cross, and the 200 simple moving average serves as a supportive factor for the price.

On the other hand, the Relative Strength Index (RSI) demonstrates a declining trend, currently at 42, indicating significant selling pressure. If this trend persists, the RSI may reach the oversold region at 30 before confirming a rebound.

Read our guide on how to buy ARKM safely this year.

ARKM Price Overly Bullish

ARKM is in an overall uptrend despite fluctuations in swing highs and swing lows. The presence of the ascending triangle confirms this bullish outlook, with bulls eyeing targets of $0.41 and $0.45, respectively.

Conversely, if a candlestick opens below the lower boundary of the triangle, it could lead to a price decline between $0.35 and $0.33.

Another bullish project worth investing in is BTCMTX. Currently in its presale, the project offers attractive returns and rewards through its stake-to-mine program.

Bitcoin Minetrix (BTCMTX): A Top Choice for Passive BTC Earnings

The Bitcoin Minetrix presents an exciting investment opportunity for investors. With ten presale stages, you can buy BTCMTX tokens at a discounted price of just $0.011.

The project presale has already secured an impressive $506,011 in funding, indicating a strong investor interest in the platform’s offerings. The BTCMTX team has established a soft cap exceeding $15 million and a hard cap of $32 million.

The token’s price will also increase by 10% as the presale progresses with each successive presale stage, so now is the time to get involved.

Welcome to #BitcoinMinetrix! 🪙

Decentralized $BTC mining made simple. We're revolutionizing cloud mining with $BTCMTX tokens, ensuring security and transparency.

Making it easier than ever. pic.twitter.com/iZPJN5GO8O

— Bitcoinminetrix (@bitcoinminetrix) September 26, 2023

Bitcoin Minetrix strongly emphasizes security and transparency by tokenizing cloud mining, eliminating the risks associated with third-party cloud mining schemes, and giving control to token holders.

The platform has also received praise from industry experts, who view it as a reliable and secure way to invest in Bitcoin mining.

Cilinix Crypto, a YouTuber with a subscriber base of over 11k people, passionately endorses BTCMTX as one of the finest ways to earn BTC passively, further fueling excitement for this project as one of the best presales of 2023.

Participate in the Stake to Mine BTCMTX

Bitcoin Minetrix is committed to providing users with a user-friendly and secure platform. Bitcoin Minetrix has introduced an innovative approach called stake-to-mine, combining cloud mining and token staking.

The staking pool has already garnered 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%, with 32,278,608 tokens already staked.

Token holders can convert BTCMTX tokens into mining power, enabling passive token generation through the staking mechanism.

However, the APY will gradually decrease as more investors stake their tokens, which is crucial. This underscores early investment’s significance in fully capitalizing on this high APY percentage.

The stake-to-mine concept is an innovative notion, rekindling hope for everyday #Crypto enthusiasts to engage in #Bitcoin mining. 🪙#BitcoinMinetrix users simply require an Ethereum-compatible wallet like #MetaMask, keeping things straightforward. pic.twitter.com/zqRFP4I5uD

— Bitcoinminetrix (@bitcoinminetrix) October 3, 2023

You can become part of the presale and stake-to-mine by buying Bitcoin Minetrix BTCMTX tokens, accessible with a minimum investment of just $10.

Connect your Web3 wallet to the BTCMTX website and buy BTCMTX tokens using Ethereum, Binance Coin, USDT, or bank cards. Become one of the early buyers.