Tracking DAI (HitBTC) vs USD (Bitstamp)I just needed to have some graphical ideal of the equivalent USD value (Bitstamp) of the DAI stablecoin built on Ethereum chain. The plot is the DAI:ETH HitBTC market divided by ETH:USD Bitstamp.
DAI
MKR Weekly bullishIn my eyes MKR has a big chance of being one of the big ones in crypto space, like Ebay, Facebook, Google are on the traditional internet. Bet accordingly, only 1 million shares and they are being burned every day!
Maker (MKR) Price up Due to Augur and a16z Crypto AnnouncementsMKRUSD price is up over 25% in the past 24 hours making it the biggest gainer today out of the 2,000+ cryptocurrencies. The reason is due to the $16 million investment into the platform by Horowitz's fund, and Augur's announcement that it will integrate DAI.
MKR hit its ATH back in January when the price reached $1673, so the market is still a ways away from that level, however the current price of $790 is not too shabby as it brings MKR back to May levels. It's hard to do market analysis on such a sudden jump but we can highlight some support and resistance levels based on trading volume and range.
The S&R levels are:
support 1 - $417
support 2 - $576
resistance - $825
The best news we can hope for is that MKR established new support at the $800-$825 range and doesn't drop down to either of the resistances at the $570-$600 levels.
Daimler ShortDaimler weiterhin kurzfristig angeschlagen! Im Bereich 63,80 / 63,90 gute Chance auf weitere Abwärtsbewegung.
Short Chance at 63.80 - 63.90 EUR for possible down move to 63.30 / 63.10 / <63.00!
