Dai was trading at $1.005 as on September 20, 2019 post which, there were almost the equal number of rises and falls for the next 3 days. However, the price remained quite constant at $1.005 for the preceding two days i.e. September 23, 2019 and September 24, 2019. Later, due to a very sharp fall, price reached the lowest point of the said time period at $0.9960.
DAI managed to gain back its efficiency and there were many sharp rises with trading price reaching the highest trading price in the past 5-days at $1.01990000 as on September 24, 2019. While writing this analysis, the coin was indicating an upward rise and moderate volatility.
DAI to USD Price Analysis:
DAI current trading price indicates an upward rise by 1.13% when compared to the fall in prices of yesterday.
We anticipate that the coin may rise upwards as observed from the current momentum and trend with moderate volatility in hand.
Today, DAI is expected to be traded in the range of $1.0023 – $1.0148. It is advisable to trade from a long-term purpose as the coin has shown several steep rises and falls over the past 5 days.