- The MDX coin price is increasing upwardly, around 10.7%, during the intraday trading session.
- The 24-hour trading volume is at $67,726 million.
- MDX/BTC pair is also trading positive by 10.6% at 0.00003418 BTC.
The daily technical chart and price action of the MDX coin present an upward trend. According to the pivot levels, the initial support level is $1.50. On another view, if it races up, the resistance level to watch is $1.95. Although the chart creates a bullish engulfing candlestick pattern within the day, it is foretold that the price may continue upside with high dependability.
Ichimoku Cloud is composed of lead-1 and lead-2 with a displacement value of 1. It operates as a leading indicator and pivot level of asset price changes. Investors can witness the price break above the Red Moku Cloud, and now it glides over the Green Moku Cloud, so the cost is above the Green Moku Cloud, ensuring the upward trend of MDX.
The volume of (28.765M) is above the MA of 20-days (15.363M). In conclusion, the volume is high, making its price breaking the resistance zones. Investors may also note that the volume bars on the chart are inclining, which hints that striking volatility is awaited in the upcoming trading session.
The Schaff Trend Cycle indicator (bullish) with a 100 represents a buy signal in the coin, projecting an uptrend. Additionally, Investors can see a green buy signal and an upward slope in the index.
MDX Coin Expecting to Reach $2.50 in Upcoming Sessions
Today’s Mdex price is 1.71 US dollars, and the 24-hour trading volume is 67,726,587 US dollars. The price of MDX has increased by 10.7% in the past 24 hours. 650 million MDX coins are in circulation, totaling 453 million. The STC indicator shows a buy sign, and the traders have led to high volume. Technically, the price resides around the resistance zones and continues in a higher trend. Accordingly, as with the overall market viewpoint, the trend remains bullish for upcoming trading sessions.
Resistance Level: $1.95
Support Level: $1.50