As of today, DYDX/USD has risen by 15.2%. This crypto dethroned Fantom to get to rise to the top of the crypto daily mover’s list today. Also, dydx crypto now trades at $2.388, and with indications, may still rise a little further today.
DYDX price now: 2.388
DYDX Market Cap: 154.3 million
DYDX Total Supply: billion
DYDX Rank: 153
Resistance: $2.100, $2.255, $2.388
Support: $2.00, $1.886, $1.750
DYDX/USD Value Prediction: dxdy is Minimally Bullish
With the help of a moderately large bullish candlestick, this crypto claimed higher value. Looking at the DYDX/USD 24-hour chart we’ll see the MA (Moving Average) lines lies under the Price motion. Also, with a closer look, we can see that the distance between these lines is considerably small. This indicates a possible crossing of these lines, which will create more upward force for this crypto.
Also, the SRSI (Stochastic Relative Strength Indicator) curves have made an upward tilting cross. And, this signifies that this crypto may move further upwards.
DYDX/USD Value Prediction: dxdy Stays on Course Upwards
On the 4-hour chart, DYDX/USD appears to stay focused on rising higher, even after the inverted hammer candlesticks have formed. Even, at that is dydx value only dropped by a negligible 0.001 point to 2.387. This portrays the strength upside gain, as it becomes more evident that the bears are exhausted.
Furthermore, the SRSI lines rise ever more steeply into the overbought region. Subsequently, this reveals that this crypto will trend upwards. Consequently, the value of dydx may arrive at $2.500 and &2.900. Finally, traders should anticipate these price levels, farther levels may not be likely reached.
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