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DeXe (DEXE) Explodes 50% Despite Crypto Bloodbath: What Comes Next?


DeXe (DEXE) Explodes 50% Despite Crypto Bloodbath: What Comes Next?

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The crypto market saw a sharp 24-hour correction with Bitcoin briefly tumbling below $62,000 and many altcoins turning red. DeXe (DEXE) bucked the trend with double-digit gains over the same period, boosting DeFi/DEX token momentum, but analysts warn a key technical indicator points toward a near-term pullback.

Bearish

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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.

Read the article at CryptoPotato

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Coins

$ 64.37K

+0.54%

$ 37.10

+7.45%

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In This News

Coins

$ 64.37K

+0.54%

$ 37.10

+7.45%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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