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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.