Is It Too Late To Buy DEEP? DeepBook Protocol Price Surges 22% And This Might Be The Next Crypto To Explode
The DeepBook Protocol price surged 22% in the last 24 hours to trade at $0.03206 as of 08:06 a.m. EST on trading volume that plunged 36% to $43.4 million. DeepBook Protocol Price Aims For A Trend Continuation The DeepBook Protocol price has been bullish in the last two days. Yesterday, the $0.039 resistance allowed the price to move in what looks like an ascending triangle, according to data from GeckoTerminal . DEEP has sustained its movements above the 50-day Simple Moving Average (SMA), which supports the bullish stance. However, the RSI seems to be dropping below the 50-midline level, currently at 48, as it moves down, which is a sign that the bears are exerting pressure. If this pressure continues, the DeepBook Protocol price may plunge to the 50-day SMA at $0.02791 support. DEEPUSD Chart Analysis Source: GeckoTerminal.com Meanwhile, the ascending triangle pattern may push the bulls to sustain the recent uptrend. In such a scenario, investors are eyeing a continue...