Fundamental Analysis
Technical Analysis
- What is DeFi Pulse Index (DPI)? - DeFi Pulse Index (
DPIWETH_4D5EF5
DPIWETH_4D5EF5
) is a capitalization-weighted index of top decentralized finance assets. In other words, you can get exposure with top DeFi assest without actually buying the indivdual asset.
- The Team Behind - "DeFi Pulse Index (DPI) was built by the two of the most credible names in DeFi. Tokensets and Defi Pulse
- DPI Underlying Tokens $AAVE $YFI $UNI $SNX $COMP $MKR $REN $LRC $KNC $BAL
Technical Analysis
- From Nov. 5 to Dec 11, DPI price had higher lows - bullish signal
- Double bottom (encircle in red) - bullish signal
* Price made higher low while RSI indicator made lower low (green trend line) - hidden bullish divergence
* Also noticed that every time RSI breaks 53, price tends to increase significantly