The DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom.
The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22.
At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars.
- But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70
- The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again.
- Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD.
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The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22.
At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars.
- But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70
- The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again.
- Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD.
_____________________
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