Dork Lord (DORKL) Price Insight - Can the Dark Side of DORKL Propel 90% Surge?

Dork Lord (DORKL) Price Insight – Can the Dark Side of DORKL Propel 90% Surge?

Updated: 08 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

Dork Lord has posted a 21% gain in the last 24 hours, pointing towards a bullish momentum. At the time of writing, DORKL was trading at $0.0124.

With the recent gains, DORKL has outperformed most of the cryptocurrency market, and volatility remains significantly high.

Buyers and sellers are battling for control, as seen in DORKL’s swings. Amid the recent gains, DORKL has rallied to $0.013, according to tracking platform CoinGecko.

DORKL’s market activity has shown signs of declining over the past day, with the trading volumes dropping by around 12% to $17 million.

DORKL’s Price Movement Shows Growing Volatility

DORKL’s price movement has shown a struggle between the bulls and the bears to take control.

Bulls had control of the price action on September 7, with the price gaining to $0.0227. It appears that price only triggered selling activity from profit takers.

The bearish pressure saw DORKL test support at $0.0084 before bouncing to the current prices. In the last 24 hours, DORKL made a false breakout to $0.014, but the price was quickly rejected before the token created another red candle.

The bearish sentiment will likely persist if selling pressure does not ease, and DORKL will test support levels again. However, if the low prices attract buying pressure, the token will test resistance levels at $0.014.

DORKL Could Drop Lower If Bears Take Control

DORKL’s price movement indicates bearish momentum. The Relative Strength Index (RSI) at 43 suggests it has yet to reach the oversold levels. However, selling will likely intensify as the RSI line tips south. An influx of sellers will see the $0.008 support tested again.

The Moving Average Convergence Divergence (MACD) line also indicates a bearish momentum as it is in the negative zone.

Dork Lord Trends Amid New Listings

The DORKL token has taken off massively following multiple exchange listings it has already secured. The latest listing was on the BingX exchange, available under the DORKL/USDT trading pair.

DORKL was listed on the leading price tracking platform CoinGecko and ranked as one of the trending tools on DexTools.io. These developments explain the recent price volatility for DORKL and why the token might continue gaining in the short term.

BTCBSC Presale Raises $265,000

The Bitcoin BSC presale has continued to raise much interest, given that over $265,000 has been raised in just a few days. The token is trading at a presale price of $0.99, which Bitcoin last touched in 2011.

Bitcoin BSC is a BEP-20 version of Bitcoin. Unlike the Bitcoin network, Bitcoin BSC offers staking rewards to investors. Investors can earn these rewards when they stake the token to validate transactions on the blockchain.

The BTCBSC presale has a soft cap of $3.96 million, and given the performance it has posted so far, the presale could sell out quickly. BTCBSC will have a market cap of $6,063,750 at launch.

Newest Meme Coin ICO - Wall Street Pepe

Rating