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Cryptopolitan 2021-09-04 17:04:46

DAI price analysis: DAI/USD ready to touch $1.5

TL;DR Breakdown The DAI price analysis suggests bull market is set to continue throughout the weekend.Most of the cryptocurrencies are trading a bullish trend on the cryptocurrency heat map.Indicators show a possible surge of DAI/USD to $1.5 Dai price analysis: General price overview On the 5-day Dai rice analysis chart, the DAI/USD pair traded in a moderate momentum. The Moving Average indicator was positive, indicating that the market is bullish. Also, the Bollinger bands were wide in most of the trading sessions, indicating that the market has been bullish. The cryptocurrency bull run started early last month, and it does not seem to be stopping soon as per DAI price analysis. Bulls have gained significant strength, becoming a rock for the bears to break. On the five-day price analysis chart, bulls dominate most parts of the market. Although the bulls seem to control the DAI/USD price, sellers have also caused several pints of resistance, leading to short-term bear dominance. Source: Coin360 Most of the cryptocurrencies are bullish as we enter the weekend. The most dominating digital asset BTC is trading with a 2 percent increment a few hundred dollars above $5OK. The second-largest digital asset, Ethereaum (ETH), trades in the same direction, recording more than 4 percent gain a few dollars below $4,000. The Binance coin is slightly bullish; it is trading at $486 with a 0.78 percent gain. The bears seem to have invaded t...

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