The price of dydxusdt went up a lot yesterday. Now, I think the price needs to calm down a bit. My expectation is that the price will go back up again to a certain level. This level is where the price was before and acts like a support area. This should help the price to keep going up.
There is a level at $2.203 where the price has had trouble going above. It's like a strong wall. Instead of trying to go over it in one big jump, I expect the price to go up and down around this level a few times. This can make it easier to finally break through this level.
Daily timeframe shows more details on overall picture:
There is a level at $2.203 where the price has had trouble going above. It's like a strong wall. Instead of trying to go over it in one big jump, I expect the price to go up and down around this level a few times. This can make it easier to finally break through this level.
Daily timeframe shows more details on overall picture:
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