{"id":636578,"date":"2025-03-19T06:22:26","date_gmt":"2025-03-19T06:22:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636578"},"modified":"2025-03-19T06:22:26","modified_gmt":"2025-03-19T06:22:26","slug":"is-it-too-late-to-buy-dym-dymension-price-soars-25-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/press-releases\/is-it-too-late-to-buy-dym-dymension-price-soars-25-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy DYM? Dymension Price Soars 25% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Dymension price has surged 25% in the last 24 hours to trade at $0.404 as of 11:24 p.m. EST, with trading volume jumping 219% to $265 million.<\/span><\/p>\n

Dymension is a scalable Layer 1 blockchain designed to power RollApps, modular and customizable blockchains optimized for scalability. <\/span><\/p>\n

By supporting RollApps, Dymension allows developers to create specialized, efficient blockchain applications while benefiting from enhanced speed, flexibility, and lower costs.<\/span><\/p>\n

Dymension Price Aims For A Sustained Breakout<\/b><\/h2>\n

The <\/span>DYM price<\/span><\/a> has been in a long-term downtrend, as seen from the falling channel pattern on the 4-hour chart.<\/span><\/p>\n

The Dymension price continuously made lower highs and lower lows, confirming bearish pressure. However, a breakout has occurred, pushing the price of Dymension sharply above the channel’s upper boundary.<\/span><\/p>\n

This breakout signals a possible trend reversal. After the breakout, DYM surged to nearly $0.50, before pulling back to its current level of $0.404. The pullback suggests a retest of the breakout zone.<\/span><\/p>\n

DYM now trades above the 50-day Simple Moving Average (SMA), which is an indication of a bullish rally on the 4-hour timeframe.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 62.36, which is in the bullish zone but not yet overbought. Previously, it briefly touched above 70, signaling that the rally was strong. The current level suggests that the price still has room for further upward movement.<\/span><\/p>\n

\"Dymension
DYM\/USDT Chart Analysis Source: Tradingview<\/figcaption><\/figure>\n

DYM Price Prediction<\/b><\/h2>\n

Overall, DYM has broken out of its downtrend and is currently retesting key levels. If the price of DYM stays above $0.32 – $0.33 (previous resistance turned support), then the bullish momentum may continue, potentially pushing DYM towards $0.50 and beyond.<\/span><\/p>\n

Conversely, if the Dymension price fails to hold above the breakout level, it could drop back into the descending channel around the $0.293 support, resuming its bearish trend.<\/span><\/p>\n

In the meantime, investors are flocking to buy <\/span>Best Wallet (BEST)<\/span><\/a>, which popular YouTuber ClayBro, with over 136K subscribers, says has the potential to soar 10X after launch.<\/span><\/p>\n