DXDY Price Prediction: DXDY/USD Price Increases by 2.20% 

DXDY has, as of today, claimed the number 2 spot on the crypto daily movers list. With this move, can it be assumed that this crypto is ready to reclaim its lost ground around the $2.38 mark.

DXDY Analysis Data:
dXdY value now: $2.32
dXdY market cap: $362.84 million
DXDY moving supply: 156.26 million
dXdY Total Supply: 1 billion
DXDY Coinmarketcap ranking: #102

Major Price Levels:
Top: $2.35, $2.55, $2.80
Base: $2.18, 2.00, $1.80

DXDY Price Prediction: DXDY/USD Price Shows Vulnerability

DXDY/USD price action seems to have regained upside consciousness as it bounced back upwards from near the $2.20 mark. Also, price action has regained its upward trajectory above the middle limit of the Bollinger Bands indicator. However, due to the recent downside correction in price, the MACD is suspecting that the momentum may be vulnerable. Nevertheless, the RSI indicator lines are high in the overbought region and have given what seems like a downward crossover. Consequently, this might result in a decline in price movement. By adding signals from technical indicators, traders may want to be patient at this point.

DXDY Price Prediction: DXDY/USD Shows Upside Promise

Contrary to the opinion drawn from the daily market, it appears as if price activities are steadily gaining upside strength. Over the last four hours, price action on the DXDY/USD market has shown this crypto trading above the MA line of the Bollinger Bands indicator. Meanwhile, the RSI lines have performed an upside crossover in the oversold zone. Following this, the lines of this indicator are now moving upward and are now at the 27 and 13 levels. Furthermore, the MACD indicator hasn’t failed to recognize the recent minor downward price correction, however, this indicator is showing that the downside momentum is losing strength. Therefore, we can expect that price action may move toward the $2.55 mark today.

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