February 25 News: DeXe (DEXE) is experiencing a strong upward movement on the daily chart, with a single-day increase of 17%. Technical patterns indicate that it has completed a descending wedge breakout and successfully retested, clearly shifting the short-term market structure to bullish. After the price effectively broke above the key resistance zone at $3.17, the upward channel further opened, and market focus quickly shifted to the $4 psychological level. This area also overlaps with a liquidity-rich zone, becoming a core position for short-term price battles.
From a technical perspective, descending wedges are generally seen as bullish reversal or continuation patterns. The breakout was confirmed with increased volume, indicating strong buying momentum and higher trend reliability compared to price rises on low volume. If the price remains steadily above $3.17, this zone could turn into a support level, laying a structural foundation for a subsequent push toward $4.
On-chain and derivatives data also show positive signals. Market data indicate that DeXe spot trading volume surged by 145%, reaching approximately $65 million, while futures trading volume increased by 83% to about $6.55 million. The simultaneous rise in spot and derivatives trading volumes usually suggests genuine capital participation rather than short-term emotional spikes.
Additionally, open interest increased by about $1.2 million, reaching a total of $6.4 million. Rising prices combined with expanding open interest often reflect the establishment of new long positions, with some medium to large funds possibly following trend-based strategies. This pattern is often considered an important indicator of trend strengthening during altcoin rallies.
In the short term, as long as trading volume remains high and open interest continues to grow, the probability of DEXE moving toward the $4 liquidity zone will significantly increase. However, if trading volume declines later, a technical pullback may occur to re-validate the breakout. Currently, multiple indicators and bullish momentum remain aligned, suggesting DeXe is in an active expansion phase, with market sentiment favoring continued upward movement.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute increase of 0.70%: On-chain capital inflow and market sentiment resonate to drive price movement
From March 10, 2026, 08:00 to 08:15 (UTC), BTC achieved a +0.70% return within 15 minutes, with a price range of 70375.2 to 70926.3 USDT and an amplitude of 0.78%. This short-term fluctuation is significantly higher than the volatility of mainstream coins during the same period, attracting market attention. The increased volatility has prompted investors to closely monitor the market.
The main driver of this fluctuation is large on-chain capital inflows into mainstream trading platforms, with a surge in short-term buying activity. Additionally, some institutional or whale accounts concentrated their positions during the window period, significantly driving the price upward. Meanwhile, market exchanges BTC
GateNews2m ago
JELLYJELLY Contract and Spot Price Discrepancy at 34%, Manipulation Warning Alert Triggered
JELLYJELLY tokens experienced an extreme divergence of 34% between the perpetual contract mark price and the on-chain spot price on March 10, suspected of price manipulation. Analysis shows a surge in open interest and a funding rate reaching -2% every 4 hours, indicating market instability and manipulation risk. Analysts warn investors that this situation could trigger significant price volatility and reflects structural risks during the integration process of decentralized and centralized exchanges.
MarketWhisper16m ago
SHIB Price Drops Despite 53,000% Burn Increase — Understanding the Disconnect
Burn Impact: 172 million SHIB burned reduces supply by 0.00003 percent, too small to move price.
Market Pressure: Bitcoin retreat drags SHIB lower despite burn spike and headlines.
Technical Signals: Price tests $0.00000545 support; break below $0.00000530 could trigger further
CryptoNewsLand38m ago
CPI Data Preview: Bitcoin Approaching $70,000 Key Resistance, Crypto Market May Experience Volatile Fluctuations
As the US CPI data is about to be released, the cryptocurrency market is entering a wait-and-see mode. Bitcoin, after experiencing a correction, is approaching $70,000, and market sentiment has improved, but it faces a short-term key resistance level. CPI data will be the main factor driving short-term market volatility.
GateNews39m ago
Is Bitcoin About to Break Through? Peter Brandt's "Banana Split" Pattern Indicates a Potential Significant Rise in BTC
Senior trader Peter Brant pointed out that Bitcoin is forming a "banana split" chart pattern, indicating potential significant volatility and a breakout from historical price ranges. The recent appearance of the "little banana" may be building momentum for a bull market. He predicts that Bitcoin will experience a price surge by October 2026. Global market sentiment is warming, fueling a 3.2% intraday increase in Bitcoin, currently trading at $69,803. Investors should pay attention to key price ranges to assess market trends.
GateNews51m ago
CRCL stock price increased by 87% in a month, driven by short squeeze and the dual factors of US-Iran conflict
CRCL stock price rose about 10% on March 9, with a total increase of 87.18% over the past month. Mizuho Bank analysts pointed out that this surge was driven by Middle East geopolitical conflicts leading to high oil prices, which boosted inflation expectations and increased the earnings of stablecoin issuers. Another analysis suggests that the stock price increase was mainly due to short covering. Valuation analysis indicates that CRCL's current stock price is above its intrinsic value, posing a risk of overvaluation.
MarketWhisper52m ago
