The market capitalization of altcoins has risen by approx 7% Since the beginning of the month. Tokens in the AI sector have not shown strong upward momentum in the short term, with the exception of DeXe (DEXE).
The native token of the decentralized social trading and asset management network soared higher 17.5% in the last 24 hours. Daily trading volume rose by 201%, a sign of the market’s conviction to support quick gains.
At the end of June, AMBCrypto reported that DeXe’s price action warranted a… Bullish bias with caution From swing traders and investors. the ATH in network activity It reinforced the altcoin’s notable relative strength against the broader cryptocurrency market.
The path to $30 and above looks increasingly likely
On the 1-day chart, the swing structure of the altcoin was strongly bullish. The most recent bullish leg of $9.81 to $24.49 This was followed by a deep correction and another push higher. This batch is not over yet, it has passed 23.6% Fibonacci extension level.
The CMF indicator was rising steadily, and its reading was +0.24 It showed significant capital inflows to sustain Dixie. Combined with a significant rise in daily trading volume, volume trends have supported the notion of continued bullish price expansion.
However, the MACD has been at its highest level in 2026, and the Stochastic RSI has been in the overbought territory consistently in recent days. Momentum indicators were indicating potential overextension conditions, although they did not require an immediate price correction.
Traders’ call to action – wait to buy
the 2 hours The chart was also strongly bullish. It is unclear whether further northward expansion will occur immediately or whether withdrawal will begin. Drop below $26.93 would be an early sign of a deeper decline.
Traders and investors can wait for the move towards… $24.65 To buy, but also understand that the rise is after it $30 It could happen before this decline.
Another factor that can affect DEXE trends is… Bitcoin (BTC), Which was closing on 64 thousand dollars Local display area.
Final summary
- DeXe’s price action has been strongly bullish, and its recent outstanding performance has not been matched by other AI sector tokens either.
- The relative strength was accompanied by high buying volume, and it is unclear whether momentum will see a deep correction below $25 before continuing higher.
