DGXX is testing a critical juncture on the chart right now. The asset has successfully reclaimed its 20-day simple moving average (SMA20), which typically signals renewed buying interest. However, there's notable resistance at the exponential moving average (EMA20)—the price continues to face rejection at this level. This creates an interesting dynamic: upside momentum appears to be present, but sellers are holding ground at the EMA, preventing a decisive breakout. Traders are watching closely to see whether buyers can push through this barrier or if we'll see a pullback. The battle between these two key moving averages could determine the next directional move.
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DGXX is testing a critical juncture on the chart right now. The asset has successfully reclaimed its 20-day simple moving average (SMA20), which typically signals renewed buying interest. However, there's notable resistance at the exponential moving average (EMA20)—the price continues to face rejection at this level. This creates an interesting dynamic: upside momentum appears to be present, but sellers are holding ground at the EMA, preventing a decisive breakout. Traders are watching closely to see whether buyers can push through this barrier or if we'll see a pullback. The battle between these two key moving averages could determine the next directional move.