DENT was launched in 2017 and is a <a href="https://www.cryptoknowmics.com/news/how-can-i-buy-dent-coin-in-2021/">digital mobile operator</a>. It provides its users with eSIM cards, mobile data plans, call top-ups, and a roaming-free experience. With the help of blockchain technology, DENT powers to create a global marketplace for mobile data liberalization.

By the end of the year 2021, DENT <a href="https://www.cryptoknowmics.com/news/dent-technical-analysis-price-fell-below-level-of-0018/">plans</a> to extend its services to new markets. The company already has a user database of 25 million devices and the services are available in more than 140 countries.
<h2><b>Past Performance</b></h2>
Between April 21 and April 28, 2021,  DENT showed a high at $0.01288 and a low at $0.0050. Thus, in the past week, the DENT price has surged by approximately 11%. In 2021, DENT surged by 15774.88%. It has traded between $0.0123 and $0.0124 for the past 24 hours.

<img class="shrinkToFit" src="https://s3.tradingview.com/snapshots/i/I2984qgx.png" alt="https://s3.tradingview.com/snapshots/i/I2984qgx.png" width="805" height="558" />

<a href="https://s3.tradingview.com/snapshots/i/I2984qgx.png">https://s3.tradingview.com/snapshots/i/I2984qgx.png</a>
<h2><b>Day Ahead And Tomorrow</b></h2>
At the time of writing, DENT is trading at $0.01124, which is 18.56% higher than its previous day's closing price. Thus, already giving a bullish outlook to the trend it has recorded a market cap of $1,052,258,881.55. This is a 19.46% high during the past 24 hours.

The <strong>MACD signal line</strong> is preparing to cross from above and thus giving a short-term bearish signal, as the <strong>MACD fast line</strong> is also trending upward. We can see a trend reversal for a short-term span.

The <strong>RSI</strong> is at equilibrium currently, suggesting a less volatile period. RSI at the equilibrium shows that the buyers and sellers are canceling each other out.

The <strong>A/D indicator</strong> has fallen steeply. Thus, whale distributions are higher than whale accumulations. High selling volumes will exert downward pressure on the DENT price.
<h2>DENT Technical Analysis</h2>
Watch out for levels that the trend <strong>23.6% FIB retracement level</strong> suggests. These are $0.016450, which shows a strong resistance. If it breaks the resistance, then the next level it can touch is $0.019746 as per <strong>50% FIB retracement level</strong> and thus confirming a bullish trend.

On the other hand, if we see a retracement on the downside, there is strong support at $0.008917. If the price movement breaches the support level it'll confirm a bearish trend.

DENT Technical Analysis: Watch Out for a Bearish Trend Below $0.008917

DENT Fibonacci retracements suggests watch for $0.016450 which shows a strong resistance. If it breaks the resistance then the next level it can touch is $0.019746 and thus confirming a bullish trend. On the other hand, if we see a retracement on the downside, there is strong support at $0.008917. If the price movement breaches the support level it'll confirm a bearish trend.

Ankita is reading geek by birth, she loves to read and write about finance and now cryptocurrencies and blockchain since 2017. A Bitcoin enthusiast ever since, she likes to understand businesses and how they affect everything else. Ankita contributes on our news bulletin with the latest happening in blockchain, crypto and ICO market specifically.

DENT Technical Analysis: Watch Out for a Bearish Trend Below $0.008917

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