ABOUT DEXE
According to CCN, DEXE recently broke out of a descending triangle and falling wedge, triggering a ~12% rally and outperforming the top 100 cryptos in a day.
Bull trigger: Sustained breakout above $15–17 could lead to continued upside.
Key zone around $12–13.
• Increasing On‑Chain Activity
On‑chain indicators (like price-Daily Active Addresses divergence and Chaikin Money Flow ~0.12) support the bullish thesis .
• Key Momentum Levels
Binance community notes a critical bullish threshold at $7.80.
Holding above that with rising momentum may affirm new highs short-term .
Short-Term Outlook
Support: ~$7.80–8.10
Near-term targets:
$8.30–8.55 (as noted by Binance signals
Break real resistance? Next leg to $9–10, pivoting toward $12+ if momentum continues.
Mid-Term & Forecasts
CoinCodex projects a rise to $10–11
CoinCheckup forecasts a bullish outcome with targets near $17.50 by year-end .
Botsfolio suggests structural upside toward $25–80 over 1–5 years if adoption ramps up .
⚠️ Risk Considerations
Volume/volatility: Sudden shifts could revert price to support zone.
Crypto sentiment: DeXe follows broader DeFi and BTC trends.
Resistance Hills: $10–15 zone is next major hurdle—needs upper trendline retention.
Factor Impact
Technical breakout with strong momentum 👍 Supports near-term rally
On‑chain & volume backing 👍 Validates higher prices
Forecasts & sentiment bullish 👍 Reinforces upward trend
Short-term: Holding $7.8–8.1 pivot → targets at $8.5–10.
Mid/long‑term: If DeFi adoption continues, breakout above $15–17 possible.