Bitcoin HODLers Strong: Mt. Gox Selloff Fails to Dent Market
Long-term Holder Trends: As of July 26, 2023, long-term holders control 45% of Bitcoin's network wealth, indicating a strong trend of HODLing among investors waiting for higher prices.
Market Resilience Amid Distributions: The distribution of Bitcoin to Mt. Gox creditors has not significantly affected the market, as sell-side pressure remains typical, suggesting many creditors are also holding their coins.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for DENT
Technical Sentiment Analysis for Dent (DENT) As of , Dent (DENT) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DENT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DENT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dent (DENT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0000771 | 0.000102 | 0.000129 | 0.000154 | 0.000181 | 0.000206 | 0.000233 |
| Fibonacci | 0.000102 | 0.000122 | 0.000134 | 0.000154 | 0.000174 | 0.000186 | 0.000206 |
About DENT
About the author
