What makes this uptrend credible is its context. DEXE has recorded ten consecutive weeks in the green<\/strong>, accumulating over 386% since its lows of February 2026<\/strong>. This is not just a speculative spike: on chain data shows open interest climbing from near zero in January to roughly $20 million<\/strong>, signaling that fresh capital is entering the market through derivatives, rather than just being driven by short covering. DeXe is an open source DAO Studio protocol providing governance, voting, and treasury management tools for decentralized organizations. The sector rotation toward DeFi infrastructure is directly benefiting it. To understand how this type of project fits into the blockchain ecosystem, our guide on understanding cryptocurrencies lays down the essential foundations.<\/p>\n\n\n\n The caveat is real: the daily RSI is flirting with overbought territory, and the next major resistance between $14.30 and $15.50<\/strong> is a solid wall the token has not breached since June 2025. A rejection at this zone could trigger a consolidation down to $10<\/strong>. However, if volume follows through and the breakout is confirmed on the daily close, the path to $18<\/strong> will be wide open.<\/p>\n\n\n\n On the opposite end of the spectrum, RaveDAO (RAVE) delivered the most brutal spectacle of the week. The token had surged by 47%<\/strong> early in the week, driven by a massive short squeeze and cascading liquidations that propelled the price toward $27.21<\/strong>. Behind this rally was a textbook case of market manipulation documented on chain by ZachXBT, who revealed that 90% of the total supply<\/strong> was concentrated in three wallets linked to the founding team.<\/p>\n\n\n\n The fallout was brutal. In less than 24 hours<\/strong>, RAVE lost over 85%<\/strong> of its value, plummeting back to around $3.11<\/strong>, wiping out nearly $6.3 billion<\/strong> in market capitalization and generating $44 million in liquidations<\/strong>. Binance and Bitget have launched investigations, and ZachXBT raised his whistleblower bounty to $25,000<\/strong>. RaveDAO denied any involvement, failing to convince anyone. This is the kind of situation that serves as a stark reminder of why checking the fundamentals before taking a position on a low liquidity altcoin is absolutely essential. To trade this type of asset with the right risk management tools, our crypto trading section details the best approaches to adopt.<\/p>\n\n\n\n![\"Weekly](\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2026\/04\/20101632\/Capture-decran-2026-04-20-a-11.45.40-1-1024x480-1.jpg\")
<\/figure>\n\n\n\nRAVE: When a short squeeze turns into a disaster<\/h2>\n\n\n\n