At the time of writing, DNA [DNA] was being traded at $0.092339, showcasing a remarkable surge of 203.67% in the previous 24 hours, as per data from Coingecko.
The token has experienced a significant uptick in trading volume, reaching $36,164,910, indicating a 107.60% increase compared to the day before.
Nevertheless, despite this impressive surge, details regarding the circulating supply and market capitalization of DNA currently remain undisclosed.
When juxtaposed with the broader trends in the market, DNA’s performance over the past week seems to have displayed a somewhat sluggish momentum.
While DNA has not witnessed any price appreciation in the last seven days, the overall cryptocurrency market has surged by 9.80%, with tokens from the Solana ecosystem, to which DNA belongs, experiencing a 16.20% upswing during the same period.
Historical Price Levels and All-Time Highs (ATH)
Over the past 24 hours, DNA’s price oscillated between $0.0107702 and $0.093289, with a similar 7-day price range of $0.0109307 to $0.093262.
Remarkably, DNA hit its all-time high of $0.093289 on November 24th before pulling back slightly.
In contrast, the token’s all-time low of $0.0107702 was recently recorded, underscoring DNA’s notable volatility over a short span of time.
Technical Analysis of Price Movements
A close examination of the 1-hour trading chart reveals that DNA has entered a consolidation phase following a rapid price surge. The Relative Strength Index (RSI) currently stands at 45.25, indicating a neutral stance with slight bearish inclinations.
An identifiable resistance level is positioned at 0.0001339257, representing the most recent peak, while a support level has formed around 0.0001302592, where the price is maintaining its stability.
The MACD (Moving Average Convergence Divergence) indicator indicates subdued momentum, with both the MACD line and signal line hovering in close proximity to zero.
Although a previous bearish crossover implies that sellers have some influence, a reversal above the signal line could signal a resurgence in bullish momentum.
Traders are advised to keep a close eye on the support level at 0.0001302592, as a breach below this level could potentially drive prices further down towards 0.000125.
The substantial rally observed in DNA underscores its recent volatility and escalating market interest.