dYdX Foundation: Arcus Launch Leaves Chain Unaffected
dYdX Foundation states Arcus launch leaves dYdX Chain unchanged at $0.15 with bearish EMA50 resistance and MACD death cross on 4h chart.
SourceAnalysis
dYdX Foundation confirms its mandate to back the protocol and community governance stays intact after dYdX Labs rolled out Arcus, leaving dYdX Chain fully operational under token-holder control and validator security at $0.15. On the 4h chart price tests the upper Bollinger band near $0.2 while the EMA50 at $0.16 caps upside and the EMA200 at $0.15 provides immediate support, with the MACD death cross reinforcing bearish structure and RSI at 42.86 leaving room for a measured pullback toward the lower band at $0.14 before any sustained recovery in dYdX price prediction models.
dYdX Foundation
@dydxfoundationEnabling community-led growth, development & self-sustainability of the @dYdX protocol.