The crypto market has been quite unstable (to say the least) lately, with the past 24 hours delivering another substantial correction. Bitcoin (BTC) briefly tumbled below $62,000, while numerous altcoins also entered red territory.
However, DeXe (DEXE) defied the bearish conditions, soaring by double digits over the last day. While several analysts expect further short-term increases, one key technical indicator suggests it might be time for a pullback.
New ATH Soon?
The lesser-known altcoin is currently worth around $23 (per CoinGecko), representing a whopping 50% spike from yesterday’s figure. Its market capitalization has surpassed the psychological $1 billion threshold, making DEXE the 65th-largest cryptocurrency.
DEXE Price, Source: CoinGecko
Perhaps one of the main catalysts for the rally is MEXC’s support. The prominent crypto exchange included DEXE in its futures trading section, allowing adjustable leverage up to 50x.
The analyst, using the X moniker “The Boss,” claim
We współpracy z: https://cryptopotato.com/dexe-dexe-explodes-50-despite-crypto-bloodbath-what-comes-next/
