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.
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Technical Analysis for DENT
Technical Sentiment Analysis for Dent (DENT) As of , Dent (DENT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 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 | 0.0000767 | 0.000102 | 0.000128 | 0.000153 | 0.000179 | 0.000204 | 0.00023 |
| Fibonacci | 0.000102 | 0.000121 | 0.000133 | 0.000153 | 0.000172 | 0.000184 | 0.000204 |
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