DIMO and Partisia Blockchain (MPC) Prices Pumping – Here’s Why

Cryptocurrency prices are highly volatile, and two tokens in particular have experienced significant price jumps lately. DIMO and Partisia Blockchain crypto tokens have seen significant gains over the last few hours.

Partisia Blockchain Token Skyrockets

Partisia Blockchain token price trajectory is quite a notable one  having surged 429.08% price over the last day. Moreover, the 24-hour trading volume for this token has soared to $20,255,751, with its current price standing at $0.529004.

The price surge of the Partisia Blockchain token can be attributed, in part, to its listing on two major cryptocurrency exchanges. KuCoin, a top global exchange, announced the “World Premiere New Listing” of the Partisia Blockchain token (MPC) on March 19, 2024. Consequently, the MPC/USDT trading pair went live at 10:00 UTC on the same day.

Additionally, Bitrue, another cryptocurrency platform, also listed the Partisia Blockchain token on its spot trading platform. Deposits for the MPC token opened on March 19, 2024, with trading scheduled to commence at 10:00 UTC on the same day.

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DIMO Token Exhibits Bullish Momentum

While the Partisia Blockchain token price pumped notably, the DIMO token also demonstrated promising bullish signals. According to the daily price chart analysis, DIMO has been on an uptrend lately priced at 0.4721, as evidenced by the last green candlestick. 

Furthermore, its Relative Strength Index (RSI) stands at 42.94, displaying a u-shape over the last few days and sloping upward, indicating a potential bullish momentum building up.

Moreover, the 50-day Exponential Moving Average (EMA) for DIMO is currently above the current value, suggesting that the token may continue to rise in the short term. However, the Moving Average Convergence Divergence (MACD) has sloped down lately, which could indicate a temporary pullback before potentially resuming an upward trend.

Overall, the technical indicators suggest that the DIMO crypto token may experience some volatility in the near future but could potentially continue its upward movement.

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.