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DAR Price Prediction – Can We Expect $0.20 After a 28% Jump?

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Bitcoin grew by 5% after the last release from the United States Consumer Price Index (CPI). The US Bureau of Labor Statistics said that items rose 0.1% for the month of November, with the overall change held at 7.1% for the 12-month period. This is less than the 7.3% predicted by financial experts, and the crypto market benefited from the positive news.

The foremost cryptocurrency led the rally, and the DAR token was not left out. In the past, the Dalarnia Mines token is up 28% in its bullish streak, indicating a possible comeback as the year approaches. Should investors prepare for a bull run? Recent events seem to say so.

Dar is the supreme guardian

The cryptocurrency market has been hit by a series of bad publicity after the collapse of several major platforms and exchanges. This directly affected me crypto price performance, and the cryptocurrency fell below $20,000 – its lowest level in the past two years.

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On its downward journey, Bitcoin has pulled out many altcoins, and the market valuation of crypto price It fell below the $900 billion mark. Despite strong bearish control in the crypto space, altcoins remained resilient, as Bitcoin showed a positive rally and briefly reached the $18,200 price peg before trading lower to its current value of $17,800.

Altcoins also strengthened, but DAR benefited the most from brief price relief. The digital asset posted a whopping 28% surge, pushing its value up to $0.16. This is the highest level of the past two months, after a series of strong bearish breaches.

Although it lacked the strong fundamentals of its massive hike, the DAR’s technical performance was top notch. The foremost digital asset is trading at a moving average price of $0.13, and it ranges from 10 days to 100 days. The Moving Average Convergence Divergence (MACD) has turned bullish as a buy signal is leading the trend line. This indicates strong investor demand for action-adventure blockchain assets.

DAR_1D_graph_coinmarketcap

Not to be outdone, the Relative Strength Index (RSI) shows stronger sentiment in the market. The RSI for the DAR is currently trading in the overbought territory at 79. While the 24-hour price rally is impressive, the DAR has shown a stronger growth path over the long term. The digital asset is up 13.3% in the past week and 15.3% in the last 30 days.

Q3 2022 Roadmap to create buzz

Mines of Dalarnia is an action-adventure platform mining game. Players have to collect resources, extract minerals and fight monsters in them. It is developed on the basis of Play to Earn (P2E) Gaming model, players are duly rewarded with DAR for the time they spend participating in the game.

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This platform asset can then be used for various functions, including staking, governance, and facilitating transactions on it Non-Fungible Token (NFT) Supported market and in general gameplay.

The Dalarna mines, which is still under development, is set to release another major update for the game before the end of the year. According to its development roadmap, the mobile app version is scheduled to be launched this month. This will create a larger fan base and community where gamers can take part in playing from anywhere without the need of their own desktop or computers.

Other added perks include access to real-time planetary events that will take place in the metaverse-oriented game, more competitive game modes, and token rewards for players.

As blockchain gaming takes the world by storm, DAR could become a crypto asset of the future. current market reports It refers to the ever-growing interest in blockchain-powered forms of entertainment.

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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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