Cryptoknowmics
2022-06-13 23:00:39

DUSK Technical Analysis: Prices Rally 45% and outperform BTC

The Dusk Network token is flying at spot rates, adding 45 percent against the USDT. In a bullish breakout formation, prices could retest February 2022 lows. Past Performance of Dusk Network As the crypto market recalibrates, forcing asset valuation lower, the Dusk Network token is soaring and massively outperforming the USDT, BTC, and ETH. The DUSK crypto is up 45 percent on the last trading day versus the USDT. Meanwhile, it is up roughly 72 percent against BTC and ETH in the same period. Dusk Network Technical Analysis From the daily chart, there is a double bar reversal pattern reversing losses. The bullish bar of June 13 has high trading volumes and is engulfing. Notably, the explosion of prices from local support flashing with May 2022 lows is a welcomed development. The coin’s rices are at a two-week high, above the middle BB, and around June 2022 highs. At spot rates, traders can buy the dip with safety nets at the middle BB at around $0.13. Deeper losses below this mark may reverse gains as the coin snaps back to the primary bear trend. On a more positive outlook, confirmation may trigger the next leg up that may lift the token soar to February 2022 lows at $0.18. What to Expect from DUSK? DUSK crypto is outperforming the USDT and BTC. The path of least resistance is northwards, a refreshing relief for traders. From the daily chart, prices could edge higher in the days ahead, provided the middle BB holds as primary sup...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约