Buy DIP Price Prediction: DIP Plunges 29% as This New Solana Casino Surpasses $660,000.
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Over the last 24 hours, DIP buy prices have fallen 29%. Traded for $0.00206 As of 4:48 PM ET, trading volume was up 3% to $12.3 million.
This comes as buyers refuse to buy DIP amid a significant decline in Bitcoin and the broader market.
The DIP team says that whenever the monthly BTC price trend declines, they will burn a percentage of tokens equal to the decrease, up to a maximum of 10%. If it is positive, that too wIncreases at the same rate (up to 5%).
Buy DIP prices set to surge above the bullish pennant
Buy the DIP price is in a consolidation phase and has been trading within the $0.0010 range over the past week. Over the past 48 hours, DIP has been on a steady rise and gained momentum yesterday when the bulls won the fight to push it to an all-time high of $0.00336.
However, the bulls failed to recover this resistance level as the price fell over the last 24 hours. The $0.001830 level provided the support the bulls needed to push the price, setting up a trend reversal for the bullish pennant.
DIP is trading above its 50-day simple moving average (SMA), which confirms a bullish rally in the coming weeks.
Moreover, the Relative Strength Index (RSI) readings indicate that the buying frenzy is increasing as RSI is trading in the 50-midline range of 51. If the bulls sustain the breakout above, RSI could go towards the 70-midline level. Overbought areas indicate intense buying pressure and continued optimism from investors.
The average directional index (ADX) is also trending above level 20 at 24. This shows that DIP is currently in a very strong bullish trend.
Buy falling price prediction
Buy the DIP price analysis indicates that DIP is in a slight retracement with signs of a trend reversal towards a bullish pennant pattern. Major indicators including RSI and ADX encourage bullish investors to push the price higher, targeting $0.0038.
However, if the downtrend continues, DIP could retreat to the next support around $0.0015, which would act as a buffer against downward pressure.
Buy the DIP Other investors are buying Mega Dice pre-sales as bullish prices prepare for a possible trend reversal.
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