DUSK's performance in the past 24 hours has been truly eye-catching — the price surged from $0.0654 directly to $0.1086, an increase of over 58%. The driving force behind this is clear: the DuskEVM mainnet has officially launched, and the project team is also pushing forward with RWA tokenization collaborations. These developments have sparked considerable market interest. Trading volume is also quite strong, with technical indicators showing obvious bullish signals.
From a chart perspective, DUSK's upward trend is quite solid. The EMA7, EMA25, and EMA99 are all aligned bullishly, and the MACD indicator continues to emit strong buy signals — the MACD line remains well above the signal line, and the histogram stays positive, indicating buying pressure is still ongoing. These technical details suggest that the bulls still have momentum in the short term.
The project itself also has some noteworthy points. DuskEVM mainly combines zero-knowledge privacy features with EVM compatibility, which offers a differentiated position in the privacy computing field. More interestingly, DUSK is collaborating with strategic partners to promote over €300 million in securities tokenization, aligning with the current hot RWA narrative and also complying with the EU's MiCA regulatory framework. From this perspective, the project's fundamentals are indeed improving.
However, risks should also be noted. The RSI indicators on 6, 12, and 24 periods are at 76.62, 76.06, and 73.82 respectively, all exceeding 70 — a typical overbought signal. Coupled with recent increased volatility, as ATR and standard deviation are rising, and the price has even touched the upper Bollinger Band. These signs suggest a significant possibility of a short-term correction or mean reversion.
Another detail worth paying attention to: during this recent sharp price increase, fund flow data shows that both total outflows and large outflows are increasing. Some community voices believe this rally may have been influenced by exchange manipulation. Overall, DUSK's current rally is supported by fundamentals but also carries risks of technical overbought conditions and unstable capital structure, which could lead to more volatile short-term movements.
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BlockchainBard
· 22h ago
58%?Are you crazy? You should run now
Both RWA and privacy sound good, but RSI is already overbought...
Funds are flowing out while still rushing in, this is a typical pump-and-dump scheme
DuskEVM is good, but I worry no one will pay attention after the mainnet launches
Such a strong rise, be careful of the upcoming bloodbath
Privacy computing has prospects, but DUSK's current momentum is a bit too aggressive
€300 million in securities tokenization? Sounds grand, but has it actually been implemented?
The upper band of the Bollinger Bands has been touched, I might as well cut my position in half
The fundamentals are okay, but with the current technicals, it's really hard to say in the short term
The combination of EVM compatibility and privacy is indeed innovative, but it depends on how long the funds can sustain it
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SandwichHunter
· 22h ago
An 58% increase is indeed attractive, but the RSI is already overbought... Is this genuine growth or is the exchange playing tricks?
View OriginalReply0
DegenWhisperer
· 22h ago
Whoa, 58%? That’s really intense, but the RSI is already at 76... It’s definitely going to crash.
DUSK's performance in the past 24 hours has been truly eye-catching — the price surged from $0.0654 directly to $0.1086, an increase of over 58%. The driving force behind this is clear: the DuskEVM mainnet has officially launched, and the project team is also pushing forward with RWA tokenization collaborations. These developments have sparked considerable market interest. Trading volume is also quite strong, with technical indicators showing obvious bullish signals.
From a chart perspective, DUSK's upward trend is quite solid. The EMA7, EMA25, and EMA99 are all aligned bullishly, and the MACD indicator continues to emit strong buy signals — the MACD line remains well above the signal line, and the histogram stays positive, indicating buying pressure is still ongoing. These technical details suggest that the bulls still have momentum in the short term.
The project itself also has some noteworthy points. DuskEVM mainly combines zero-knowledge privacy features with EVM compatibility, which offers a differentiated position in the privacy computing field. More interestingly, DUSK is collaborating with strategic partners to promote over €300 million in securities tokenization, aligning with the current hot RWA narrative and also complying with the EU's MiCA regulatory framework. From this perspective, the project's fundamentals are indeed improving.
However, risks should also be noted. The RSI indicators on 6, 12, and 24 periods are at 76.62, 76.06, and 73.82 respectively, all exceeding 70 — a typical overbought signal. Coupled with recent increased volatility, as ATR and standard deviation are rising, and the price has even touched the upper Bollinger Band. These signs suggest a significant possibility of a short-term correction or mean reversion.
Another detail worth paying attention to: during this recent sharp price increase, fund flow data shows that both total outflows and large outflows are increasing. Some community voices believe this rally may have been influenced by exchange manipulation. Overall, DUSK's current rally is supported by fundamentals but also carries risks of technical overbought conditions and unstable capital structure, which could lead to more volatile short-term movements.