Part 3/3
Low Cap Alt Coins:
Guys, that is another Alt coin I would recommend you to purchase. Kindly do your own research as well before purchasing this coin.
I am talking about Dusk Network ($DUSK ). It is a privacy-focused blockchain protocol designed to bring institutional-grade financial services to the blockchain while ensuring compliance with regulatory standards.
DUSK coin witnessed a notable outflow in the June market correction as its price fell from a $0.51 high to a $0.27 low, projecting a loss of 47%. However, the falling price faced a fresh wave of demand pressure at $0.285, a horizontal support zone intact since February 2024.
The coin rebounded from this support, indicating a crucial accumulation zone for buyers to launch a counterattack. By the press time, the DUSK coin trades at $0.284 and maintains a market cap of $119.8 Million.
If history repeats, the DUSK price could rebound sharply and pierce the combined resistance of $0.327 and 200D EMA. The potential breakout will intensify buying momentum in this Layer 1 altcoin to target the $0.5 mark.