A_Crypto_Comment

DAG - Dip Situation

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KUCOIN:DAGUSDT   Constellation / Tether
$DAG fundamentals have not changed at all - it is posed for mass adoption in the mid to long term.

The market crash has caused the whole crypto market dip heavily including $DAG.

Depending on the market situation in general and $BTC in particular, $DAG price movement will be working above its first support line (0.12). If $BTC recovers, then $DAG will rise to work up to the its first new resistance level at 0.168. However, if there is no recovery, then $DAG will further drop working above its second support line in the 0.08 to 0.10 area. Rising back up to the 0.168 will still be in play, albeit over 2 weeks, rather than 1 week in the first case scenario.

Regardless of the situation, the fundamentals point to the need to accumulate at these prices. This is financial advice. Be advised, act smart.


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