$DAG is now testing the 0.180-0.182 resistance area - breaking this resistance AND the 50 day EMA crossing the 200 day EMA will follow with breakout to test the next major resistance of 0.24 within this week
The 50 day MA is about the cross the 200 day MA. The last time this happened, DAG moved bullishly to the 0.26 area. Now, if the 0.17 support is confirmed in the next 12 hours, and the 50 day MA crosses the 200 day MA, DAG will continue with bullish movement upwards to 0.26 (and beyond depending on whether it sustains that movement and in conjunction with BTC price action).
$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...
Basic thoughts - DAG holds support at the 0.175 area and attempts to break resistance at 0.228 area before going to 0.25