- MDEX token price is observing a consolidated momentum but can soon revert to the uptrend. In contrast, it has observed a loss of more than 4.3% in the intraday session.
- MDX coin price technical indicators suggest a strong upside momentum in price . Meanwhile, the MDX/BTC pair has seen a loss of more than 3% in the past 24 hours.
Why Invest In MDX Crypto?
MDX crypto price is currently seeing a consolidated momentum and can soon see a new high of $2. MDEX price has seen a loss of more than 4% in the past 24 hours and is trading near the value of $1.4..MDEX is working towards the decentralization of assets and is also an automated market maker. . MDX also benefits from the liquidity of ETH and super low transaction fee HECO. The platform is currently dominating the DEX network and is seeing the most volume in that field. MDX coin price is currently seeing a consolidated momentum but can soon see a new high. MDX/BTC pair can also see a breakout from its previous resistance in future. One can invest in MDX according to their risk capacity and price action
MDX Crypto Price Suggests A Consolidated Momentum For The Future
The weekly technical chart of the MDX crypto price suggests a strong upside momentum in price. On the daily chart the price is seeing a consolidated momentum. MDX coin price will face hostility while going upside near $2. The support region in the coin price while going down can be seen near $1. The asset price is currently above the 50 and 100 Daily Moving Average, with an upcoming positive crossover. The 100 DMA is currently near the value of $1.37, making it a temporary support zone for the price. Mdex price has formed a consolidated zone on the daily chart. If the coin price goes above the zone then a strong upside momentum can be seen. MDX/BTC pair is also facing a correction but can soon revert to the uptrend.
Conclusion
MDX crypto price has given great returns to the investors in the past and can soon see the new high. Its popularity is increasing among the investors which push the price further high. MDX/BTC pair can also see a strong uptrend in the future.
Technical Levels
Major Support:$1
Major Resistance:$2