Can DASH crypto rally further after a 77% surge in Futures volume?

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DASH gained more than 10% on October 23, supported by strongly bullish sentiment and a 77% increase in perpetual futures trading volume to $218 million. The Aroon indicator stood at 100% for Aroon Up versus 42.86% for Aroon Down, while the MACD formed a bullish crossover. The funding rate moved from -0.0080% to 0.0056%, indicating that long positions outweighed short positions in the perpetual market. Open interest rose by more than 16%, with $14 million in fresh inflows bringing total perpetual market capital to approximately $87.62 million, while sentiment reached 4.22 out of 10.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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