After establishing a stable support level at $0.78, $DYDX is showing strong potential to reach the price target of $1.70. This growth is driven by positive market conditions and especially by the continuous rise of $BTC, a factor that can directly influence the momentum of DYDX.
Traders should pay attention to the volatility of BTC, as it plays a crucial role in determining the overall trend as well as the formation of potential chart patterns of $DYDX. In previous stages, DYDX has achieved significant growth, recording a profit of about 80%, reflecting its appeal to investors in a favorable market context.