Fantom

Arbitrum

Pyth Network

<ul><li>Arbitrum&#39;s bullish price reversal marked by rising green candlesticks suggests strong market confidence.</li><li>Fantom&#39;s breakout from a descending channel indicates potential for a 154.63% price surge.</li><li>Pyth Network&#39;s break from a descending trendline could signal a bullish reversal up to 69%.</li></ul>Arbitrum, an Ethereum layer-two (L2) scaling solution, shows signs of a promising uptrend. According to a recent <a href="https://x.com/WorldOfCharts1/status/1810921637262381427" rel="noopener noreferrer nofollow">post</a> by the crypto analyst from World of Charts, Arbitrum&#39;s price trajectory could significantly rise. The analysis detailed a falling wedge pattern formed after a prolonged downtrend from early 2024 until mid-June.This bearish phase saw Arbitrum consistently hitting lower support levels. However, a notable reversal occurred in late June, sharply increasing the price trajectory. The new pattern featured ascending green candlesticks, indicating increased buying activity and market confidence.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdy9zsTXqe1xh7GrsmWA3JH-rjhgVdh80ftNbY-pbi00IPRia_duWCGqeb2u43oHHuKC7XZZpNmNEa_zp6cv3m-HcUYPj2_yO0NVH2cTmjvhD72CSmoF29qiaRePmQOQqT48_BH6vMElm0hIG9QulXn0VY?key&#61;wg0AYwWD0DHjPLWloW5ang" />As of the reporting time, <a href="https://coinmarketcap.com/currencies/arbitrum/" rel="noopener noreferrer nofollow">Arbitrum</a> is priced at $0.714087 and has a daily trading volume of $233,501,535. The digital asset has climbed 5.27% in the last 24 hours and is now holding the 35th spot on CoinMarketCap with a market capitalization of $2,307,635,255.<a href="https://cryptotale.org/arbitrum-fantom-and-pyth-network-analysts-predict-bullish-trends/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Arbitrum, Fantom, and Pyth Network: Analysts Predict Bullish Trends

CryptoTale

Andre artikler udgivet 11. jul. 2024

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