DTX Exchange (DTX) Raises Around $2 Million On 58% Completion Of Presale Stage 2

DTX Exchange has emerged as a solution to the issues of leverage and speed for traders. The platform ensures traders can seize market opportunities instantly

Notcoin (NOT) and Fantom (FTM) continue to struggle in the market as selling pressure builds up around the two altcoins. Both tokens have seen significant slumps in their prices, leading to a downtrend.

On the other hand, investors are flocking to the emerging DTX Exchange platform in droves. As the platform sells out more than 50% of its presale stage 2, it has managed to raise around $1,188,708 Million.

Notcoin (NOT) Downtrend Builds Momentum: NOT Shows Bearish Outlook

Notcoin (NOT) price drops by 55.8% to $0.013 as the token encounters a strong downtrend in the market. This bearish outlook gathers strength after Notcoin (NOT) slipped below the range low, forming a bearish market structure.

After a breakout past the trendline resistance on the 6th of July, Notcoin (NOT) price slumps again with a considerable drop of 7% within a week. This downtrend puts pressure on investors who anticipated gains after the breakout.

An earlier report noted that Notcoin (NOT) exhibits a bearish bias. The token has fallen below the short-term range lows and could be headed toward the local lows at $0.0099. Two weeks ago, Notcoin (FTM) was trading within a range of $0.0145 to $0.0175. However, the crypto has posted a 7% price drop in the past week.

Moreover, the range low and the 61.8% retracement level at $0.014 flipped to resistance. The RSI also denotes bearish momentum with a value below the neutral 50. Both the price and the Open Interest of Notcoin (NOT) have been trending downward since the 20th of July.

Notcoin’s (NOT) market performance has caused investors to panic. The decrease in market cap from over $2.5 billion to $1.35 billion, even after recent measures to grow its ecosystem shows that investors are rapidly selling their coins. The selling pressure may increase following the downtrends.

DTX Exchange Raises Around $2 Million On 58% Completion Of Presale Stage 2

As Notcoin (NOT) and Fantom (FTM) continue to encounter selling pressure in the market, DTX Exchange nears the completion of presale stage 2 with a raise of $1,188,708 million.

Notcoin (NOT) price drops by 55.8% to $0.013 as the token encounters a strong downtrend in the market. This bearish outlook gathers strength after Notcoin (NOT) slipped below the range low, forming a bearish market structure.

After a breakout past the trendline resistance on the 6th of July, Notcoin (NOT) price slumps again with a considerable drop of 7% within a week. This downtrend puts pressure on investors who anticipated gains after the breakout.

An earlier report noted that Notcoin (NOT) exhibits a bearish bias. The token has fallen below the short-term range lows and could be headed toward the local lows at $0.0099. Two weeks ago, Notcoin (FTM) was trading within a range of $0.0145 to $0.0175. However, the crypto has posted a 7% price drop in the past week.

Moreover, the range low and the 61.8% retracement level at $0.014 flipped to resistance. The RSI also denotes bearish momentum with a value below the neutral 50. Both the price and the Open Interest of Notcoin (NOT) have been trending downward since the 20th of July.

Notcoin’s (NOT) market performance has caused investors to panic. The decrease in market cap from over $2.5 billion to $1.35 billion, even after recent measures to grow its ecosystem shows that investors are rapidly selling their coins. The selling pressure may increase following the downtrends.

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