DYDX - on fire after FTX crash

2022년 11월 22일

Hello guys, hope you are doing fine. Today we will look at DYDX because its in uptrend. After CEX FTX crash, a lot of people will be looking for alternative in decentralize exchanges. This is very positive for DYDX token. I oppened long here directly at 50 EMA support level. We should see a nice uptrend till 3.6$ in short period of time. Does DYDX can fall more? Of course it can, but after FTX crash it will be harder, because a lot of users will just move to DEX like DYDX. Anyway DYDX is very nice project and in longer period of time can grow to new ATH. Time will tell. For now its long in my opinion and its not an financial advice. Take care!