In the last bull run, Arbitrum and Bitcoin Cash were bullish. However, after failing to maintain the momentum, they are struggling and posted deep losses. Conversely, Tradecurve Markets aims to disrupt the crypto exchange scene.
Arbitrum bullish trend ends
In the last rally, ARB prices posted sharp gains, rallying from $0.75 in early September to $0.99, the highest since August. However, it found resistance at $1.00, retracing.
ARB may contract, falling to immediate support at $0.910 in a retracement. Despite this drop, there are indications that ARB may resume its uptrend.
Chainlink launched its low-latency decentralized oracle on Arbitrum One. At the same time, more users are accumulating ARB.
These trends suggest that there could be a short-term trend reversal for ARB, even pushing the coin to $1 and even to a new multi-month high of $1.25.
Bitcoin Cash pulls back from a 2-month high
Bitcoin Cash rallied at the beginning of October, reaching a two-month high of $255 before cooling off to $234, below support at $245.
The relative strength index (RSI) is at 70.00, suggesting oversold momentum. Despite this, there is still positive sentiment around Bitcoin Cash, as the crypto market expects several ETFs and spot ETFs this month.
Experts predict Bitcoin Cash to rebound above $250 in Q4 2023.
Tradecurve Markets aims to reshape exchanges
Tradecurve Markets aims to disrupt the crypto industry with its hybrid exchange.
It has a unique onboarding process that does not require cumbersome know-your-customer (KYC) procedures. Instead, it prioritizes user privacy and simplicity.
To sign up, all the users must provide an email address and link their non-custodial wallet. Another major benefit of Tradecurve Markets is its trading platform, where traders can access instruments from the stocks, commodities, cryptocurrencies, and Forex markets from one account.
This eliminates the need for traders to use many exchanges and trading platforms. At the heart of Tradecurve Markets lies TCRV. The token provides users improved trading benefits, including discounts and exclusive rewards.
In stage 6 of its presale, TCRV prices are up 200% to $0.03. Considering the platform’s goals, some experts predict TCRV will eventually break $1 in upcoming sessions.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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Source: https://crypto.news/tradecurve-markets-aims-to-reshape-crypto-exchanges-arbitrum-and-bitcoin-cash-uptrend-slowing/