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CandyDrop
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DUSK's recent performance has indeed been eye-catching. Looking at the trend of DUSKUSDT, it has increased by 28.4% over the past few days, with the price reaching $0.1539. Not only did it break through the upper band of the Bollinger Bands( $0.147, but it also stabilized above the 7-day moving average) $0.137. It's worth noting that this coin has surged by 169% in the past week, and the momentum is quite fierce.
From a technical indicator perspective, the RSI has soared to 71.86, firmly in the overbought zone. Although such a state does carry the risk of a pullback, the MACD histogram remains positive( 0.003), indicating that the market momentum has not fully diminished. The trading volume is also solid, with the volume-to-market cap ratio reaching 1.90, and there is a net inflow of $170,000 per hour.
However, one thing to watch out for is that starting from January 19, 171,000 DUSK tokens will be unlocked daily, which could exert some pressure on the subsequent price.