Dymension Creates High-Speed Modular Blockchain Network
Dymension Creates High-Speed Modular Blockchain Network:
- Dymension introduces RollApps, a high-speed modular Blockchain network for easy application creation.
- The network uses Elastic Block Production (EBP) for scalability, security, and decentralization optimization.
- Dymension's DYM token is crucial for network functions like security, governance, and cross-chain transactions.
- RollApps aim to overcome Blockchain scaling barriers by producing blocks only when transactions occur.
- Dymension operates on Delegated Proof of Stake (DPoS) mechanism and connects various RollApps for seamless data transfer.
How to Buy Dymension (DYM) with TRY:
- Binance TR is recommended for Turkish investors to purchase Dymension (DYM) and other cryptocurrencies.
- Opening an account on Binance TR involves basic information entry and verification steps.
- Identity verification on Binance TR is essential before starting cryptocurrency trading.
- Depositing TL into Binance TR account can be done from various banks using EFT or FAST transfers.
- Buying DYM coin with TL on Binance TR involves searching for DYM/TRY pair and entering the desired amount to purchase.
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Technical Analysis for DYM
Technical Sentiment Analysis for Dymension (DYM) As of , Dymension (DYM) 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 DYM 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, DYM 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 $-.
Dymension (DYM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0182 | 0.0271 | 0.0357 | 0.0446 | 0.0532 | 0.0621 | 0.0707 |
| Fibonacci | 0.0271 | 0.0337 | 0.0379 | 0.0446 | 0.0512 | 0.0554 | 0.0621 |
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