Multi Collateral Dai Stuns With a Large Move, Falling 0.002 Over the Past Day

The Hourly View for Multi Collateral Dai

  • At the time of this writing, DAI’s price is down $0 (-0.1%) from the hour prior.
  • Multi Collateral Dai has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears.
  • From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
  • Most noteworthy in the world of moving averages on the hourly chart is that the 100, 20, 200 and 50 hour moving averages have been crossed, so that price is now turning below them. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Multi Collateral Dai’s hourly price chart is shown below.

DAI

The Daily View for Multi Collateral Dai

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  • Multi Collateral Dai has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • Most noteworthy in the world of moving averages on the daily chart is that the 100, 20 and 50 day moving averages have been crossed, so that price is now turning below them. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Multi Collateral Dai.

DAI

The Latest From DAI’s Blockchain

  • DAI has an average transaction value of 79646.997, down 42.78% from its value day prior.
  • Over the past 29 weeks, the trend for DAI’s daily large transaction count has been choppy and unclear. It has oscillated between 418 and 7825.
  • For DAI, its daily large transaction count is now at 418.