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Dydx 162% potential Hellow traders,
I wanted to post this trade to celebrate making it halfway through this week! If you’re looking for more check the tags on the post and follow along! I have had my eye on this one consolidating for some time now. DYCX had a nice pump of volume today indicating this bullish declining channel was ready to break out. Once this does break out you can assure that this stop loss will not be hit! I added targets for multiple other patterns such as the bullish flag, symmetrical triangle and the bull pennant I see on the chart. I am unable to show the whole chart on my mobile phone so I am adding this to the description so you understand where I saw these targets at.
As always, below is a fundamental description to better help you understand the project, where to buy it and some of its tokenomics.
PLEASE DONT FORGET TO LIKE AND LEAVE A COMMENT AS IT HELPS ME GROW IN THIS COMMUNITY! You’re the best!
Keep your mind in the charts and emotions for your loved ones, have a green week folks!
SAVVY
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FUNDAMENTAL ANALYSIS
DYDX Price Live Data
The live dYdX price today is $14.36 USD with a 24-hour trading volume of $528,367,130 USD. We update our DYDX to USD price in real-time. dYdX is up 13.60% in the last 24 hours. The current CoinMarketCap ranking is #112, with a live market cap of $930,554,746 USD. It has a circulating supply of 64,800,849 DYDX coins and a max. supply of 1,000,000,000 DYDX coins.
If you would like to know where to buy dYdX, the top cryptocurrency exchanges for trading in dYdX stock are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. You can find others listed on our crypto exchanges page.
To find out even more about this project, check out our deep dive of dYdX.
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.