DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls

ambcryptoОпубліковано о 2026-07-10Востаннє оновлено о 2026-07-10

Анотація

DeXe (DEXE) surged to a new all-time high of $35.5, currently trading around $34 with a 17.9% daily gain. The rally is supported by strong market participation, with trading volume jumping 161% to $128 million. Buyers have dominated the market for eight consecutive days, showing aggressive spot accumulation. Additionally, open interest rose 18% to $160 million, indicating active new positions in derivatives. Key technical indicators like the RSI (76) and the ADX (with +DI above ADX and -DI) suggest strong buying pressure and a solid uptrend. If demand persists and the $30 support holds, DEXE could target the $40 level.

DeXe [DEXE] extended its rally, defended the $30 level, and surged to a new all-time high of $35.5.

At press time, DEXE traded around $34 after rising 17.9% over the past day. Trading Volume jumped 161% to $128 million, while Market Cap climbed 16%, reflecting strong market participation.

So, why did DEXE rally?

DeXe emerged as one of the best-performing tokens in 2026. In fact, the altcoin has gained 962% year-to-date.

The rally came as traders sought exposure to decentralized governance and AI-linked infrastructure. That trend kept demand elevated. Over the past week, DEXE also recorded strong Spot accumulation.

Buyers dominated the market for eight consecutive days, according to Coinalyze data. Spot buy-and-sell volume maintained a positive delta throughout the period, with Buy Volume exceeding 1 million.

A sustained positive buy-and-sell delta indicated aggressive Spot accumulation.

However, Spot demand was not the only driver.

According to CoinGlass, Open Interest rose 18% to $160 million, while Derivatives Volume climbed 146% to $210 million.

Source: CoinGlassThe sharp rise in Open Interest and Derivatives Volume suggested traders actively opened new positions. That alignment showed both Spot and Derivatives traders supported the rally. If demand remains elevated, DEXE could extend its gains.

Can DEXE climb above $40?

Buyers retained firm control of the market, strengthening DEXE’s upward momentum.

The Relative Strength Index (RSI) climbed to 76, approaching overbought territory. The reading reflected strong buying pressure rather than weakening momentum.

Even so, another indicator supported the trend.

The Average Directional Index (ADX) showed the Positive Directional Indicator (+DI) rising to 37, above both the ADX reading of 33 and the Negative Directional Indicator (-DI).

Together, these indicators suggested the uptrend could continue if buying demand remained intact.

If buyers continued accumulating, DEXE could move above $40 while holding the $30 support level. Failure to defend $30 could send the altcoin toward its next support near $27.

Final Summary

DeXe [DEXE] rallied nearly 18% to a new all-time high of $35.5 before easing to around $34 at press time.
Strong Spot accumulation and rising Open Interest suggested buyers remained firmly in control as DEXE targeted $40.

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Пов'язані питання

QWhat are the two key types of data that the article cites as backing the bullish trend for DEXE?

AThe two key types of data supporting the bullish trend are strong Spot market accumulation, indicated by eight consecutive days of buyer dominance and a sustained positive buy-and-sell delta, and rising Derivatives market activity, shown by an 18% increase in Open Interest and a 146% jump in Derivatives Volume.

QWhat is the new all-time high price that DeXe (DEXE) reached according to the article, and what is its next major price target?

ADeXe (DEXE) reached a new all-time high of $35.5, and the next major price target mentioned in the article is $40.

QAccording to the article, what two broader market trends contributed to the elevated demand for DEXE?

AThe elevated demand for DEXE was driven by traders seeking exposure to decentralized governance and AI-linked infrastructure projects.

QWhat two technical indicators are highlighted in the article as suggesting the uptrend could continue?

AThe two technical indicators highlighted are the Relative Strength Index (RSI), which climbed to 76 indicating strong buying pressure, and the Average Directional Index (ADX), where the Positive Directional Indicator (+DI) rose above both the ADX line and the Negative Directional Indicator (-DI), signaling a strong trend.

QWhat is identified as a key support level for DEXE, and what could happen if it fails to hold?

AThe key support level identified is $30. If DEXE fails to defend this level, the article suggests the price could decline toward the next support level near $27.

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