DeXe price eyes $20 amid significant buy volume

$DEXE rose more than 11% intraday to trade above $19.16, with a 32% weekly gain.

Daily trading volume climbed about 38% to nearly $40 million, suggesting accumulation.

Technical support sits at $15, while bulls could target $24 or higher next.

DeXe ($DEXE) rallied sharply on Friday, climbing toward the $20 mark as buying pressure intensified across major exchanges.

The spike in volume and a string of weekly gains have drawn renewed attention from traders and analysts, who are assessing whether the asset can extend its advance or if profit-taking will cap further upside.

DeXe price rises 11% amid volume spike

DeXe price jumped more than 11% to trade above $19.16 after a strong intraday advance, propelling $DEXE onto CoinMarketCap’s list of top weekly movers.

The token’s 24-hour performance contributed to a one-week rally that saw DeXe gain roughly 32%, placing it among the market’s notable gainers.

Other top performers included Stellar (+42%), Humanity (+23%), and Injective (+21%). DeXe has also climbed more than 58% over the past month.

The latest gains coincided with a notable increase in on-chain and exchange activity, with daily trading volume rising roughly 38% to around $40 million.

The surge in volume suggests growing accumulation, with buyers stepping in at key levels.

The combination of rising prices and stronger trading activity supports the case for continued near-term momentum and positions $DEXE to challenge higher resistance zones if bullish sentiment persists.

$DEXE price analysis

The technical outlook for DeXe shows the token testing levels last seen in March 2025, marking a return to multi-month highs.

Moving averages continue to support the broader uptrend. The 50-day simple moving average (SMA) is currently acting as a dynamic support level, while the 100-day SMA sits lower and provides a deeper technical cushion for holders.

Key resistance remains near $20, followed by a more significant barrier around $24. These zones could attract profit-taking from short-term traders and may act as hurdles for further upside.

DeXe price chart by TradingView

On the downside, initial support is located near $15, a level that aligns with previous consolidation and areas of intraday demand.

Stronger support is positioned near the 50-day SMA around $12.84 and the 100-day SMA near $9.17. A sustained decline toward those levels would signal weakening bullish momentum and could trigger increased selling pressure.

For bulls to maintain control, $DEXE would need to close decisively above the $20 resistance area while sustaining elevated trading volume, reducing the risk of a rapid retracement.

However, if the token fails to break above $20 and sellers regain control, the rally could lose momentum quickly.

A rise in sell-side volume would increase the likelihood of a pullback toward the $15 support zone.