DUSK Token Launches on Aster Perpetuals: Eyes Set on $0.90 Milestone
DUSK token is now live on Aster Perpetuals, providing new possibilities to look forward to. With a leverage of up to 50x, traders are now able to utilize all of the benefits provided by the Aster system to their fullest advantage.
Whether traders are trying to maximize their profit in the shortest period of time or use a trade plan to achieve their objectives, DUSK is all set to be part of their portfolio.
However, in a bid to make the offer even sweeter for the traders, the Aster network is offering a special bonus where the traders can get 1.2x trading points for every trade of DUSK before January 24.
This is a great opportunity for both experienced traders and beginners. Traders should not miss out on the opportunity of earning extra rewards for trading on the future-proof platform of Aster.
Also Read: DUSK Bullish Trend Strengthens After Breakout From Long Consolidation
DUSK Enters Parabolic Uptrend With $0.90 in Focus
However, the crypto analyst, Vuori Trading, highlighted that DUSK has bypassed the market correction phase and has immediately gone into a parabolic phase, which has left all crypto enthusiasts very excited.
The token is currently in a very strong uptrend, and if it maintains the current pace, then achieving the target price could be just a week away. As the momentum gathers, it’s very clear that DUSK has a lot of potential in the short term.
Source: X
Technical analysis indicates that DUSK could reach its target within a week. This is in addition to the fact that the price performance of the token is making headlines. However, experts are warning that the crypto market is volatile.
This means that the market could experience a sudden change in its levels of volatility without prior notice. But on the upside, the token could surge to $0.9 if the conditions remain favorable.
Momentum Indicators Suggest a Strong Bullish Outlook
The RSI (14) makes a sudden move into overbought levels, shooting above 80 after a prolonged period of ranging between 40 and 50. This sudden move indicates strong bullish power but also poses the risk of a temporary correction. The moving average for the RSI is slow, indicating how sudden the current strength is.
Source: TradingView
The MACD itself is indicative of a bullish change, with the MACD line moving above the signal line and the histogram turning positive. Although the numbers are small in absolute terms, the steadily rising trend is indicative of a momentum that is picking up after a long period of bearish trend.
Also Read: Meet Dusk Network, a Digital Ledger that is Cryptographically Transparent
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