ETHDYDX turnover rate is as high as 96.52%, market activity is strong, AICoin ranks 9th in popularity

historical highs and lows

As of now, the price of ETHDYDX is $3.64, which is well below the all-time high price of $27.86 (recorded on September 30, 2021). But relative to the all-time low of $1.011 (which occurred on June 19, 2022), the current price has increased.

technical aspect

According to AICoin custom indicator data, neither the 15-minute RSI nor the Bollinger Bands of ETHDYDX showed overbought signals, indicating that the current market is relatively stable. The 4-hour MACD shows that the DIF line continues to rise and is above the DEA line, suggesting an upward trend. Meanwhile, the 4-hour TD sequence shows 7 consecutive rising counts, which may indicate the risk of a pullback in the short term. javascript:void(0)

news side

From relevant information, we can see that ETHDYDX increased by 8.61% within 24 hours on November 22, and the transaction volume increased by 120.24%. In addition, the dYdX ecosystem is about to have a major unlock and plans to move from the Ethereum ecosystem to the Cosmos ecosystem. These factors may have an impact on the market trend of ETHDYDX. Considering its recent performance and upcoming ecological changes, ETHDYDX may experience greater fluctuations in the future. However, specific trends require investors to pay real-time attention based on market dynamics #Onchain