<strong><em>DIA is up 100 percent in eight days, breaking above $0.85 as buyers flock back. Buyers appear to be in charge, and prices may rise to retest April 2022 highs.</em></strong>
<h2>Past Performance of DIA</h2>
DIA prices are defying gravity at spot rates. It is up roughly 100 percent in eight days, breaking above a critical resistance level as buyers double down. From the daily chart, DIAUSDT is within a bullish breakout formation. Notably, bulls have reversed losses posted in the first half of May 2022.
<h3>DIA Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/DIA-Daily-Chart-for-May-19.png"><img class="alignnone size-full wp-image-236588" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/DIA-Daily-Chart-for-May-19.png" alt="DIA Daily Chart for May 19" width="1366" height="768" /></a>

The explosion of prices on May 18 served buyers. After sharp losses in the first week of May, the wide-ranging, bullish engulfing bar broke above the middle BB. As it is, the middle BB serves as the immediate support level. Since the trend is clear, traders can search for entries to double down on dips above $0.40 and $0.60 (ideally within May 18). The immediate target will be this week's highs of $1.15 which also flashes with April 2022 highs.
<h3>What to Expect?</h3>
Crypto prices are <a href="https://www.cryptoknowmics.com/news/bitcoin-price-surges-66k-against-the-us-dollar-why-does-it-matter/" target="_blank" rel="noopener">bottoming up</a> after worrying dips below Q1 2022 lows from late April 2022. DIA will likely recover above $0.85 and glide to April highs in the days ahead.

DIA surge 100% in 8 Days; Buyers Target $1.15 as Prices Bottom Up

DIA is up 100 percent in eight days, breaking above $0.85. Buyers appear to be in charge, and prices may rise to retest April 2022 highs.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

DIA surge 100% in 8 Days; Buyers Target $1.15 as Prices Bottom Up

Top Picks