Dash (DASH) Starts A Sustained Recovery From Current Level

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Ayush Malviyahttps://www.thecoinrepublic.com/
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.
  • Dash is making a strong recovery and ends up being one of the best performers in the market.
  • Dash group announced the release of a new DASH platform “v0.11”
  • Still, DASH/BTC pair is performing negatively with loss of -3.37% which brings the level to 0.01044418.

DASH is the best performer of this week, DASH maintained a sustained climb and looking strong with the bulls.

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Currently, DASH has a strong support of $ 60.00 and according to stats it also seems like at also acquired support of $65.50. Currently, prices are trading at 70.86 which is the recent highest.

DASH is keeping a keen eye on the resistance level of $75.00. To acquire the heavy bullish momentum, prices must have to cross this crucial level.

Currently the DASH’s market capitalization is$665,868,811 USD $737,006,982 USD with circulative supply of 9,397, 021 DASH.

DASH Price Analysis

dash1
Source:tradingview

DASH prices are climbing gradually and there is some negative momentum too on the level of $70.00 but prices are mostly occupied by the bulls and showing the potential that they can break off the crucial resistance of $75.00.

Technical indicators and oscillators started performing well, showing that there is an increase in the buying volume and bullish dominance is near.

MACD levels are showing that buying volume again maintained its dominance over the selling volume and there are chances of bullish momentum in the prices.

The 24Hr-RSI is in the bullish region after climbing up from the bearish zone and currently trading the level of 60 and 50.

The 24hr-CCI torched the lowest point in the overselling region and then started climbing back, currently, it’s trading in the normal zone. For bullish dominance, prices need to maintain their current nature.

Resistance Level: $ 75
Support level:  $ 60 and $65

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