Dash (DASH) Is Finally Making A firm Base Above The Level Of $65

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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 able to commit a sustainable trade above the crucial price level of $65.
  • Still, DASH/BTC pair is still performing negatively with loss of -2.86% which brings the level to 0.00990910.

Dash is finally acquiring a strong momentum after suffering lots of variations in the prices below the level of $65.

Currently, DASH has the strong support of $ 60.00 which prevented a  price downfall and provided a boost to the Dash prices for their bullish momentum to capture the crucial resistance level of $65

Now DASH is keeping a keen eye on the resistance level of $70.00. It also seems like the price level of $65 is providing support to the altcoin which is a positive indication as now, there are strong chances that prices can maintain a gradual climb.

Currently the DASH’s market capitalization is$622,414,133 USD $553,481,032 USD with circulative supply of 9,418, 015 DASH.

DASH
Source:tradingview

DASH’s bears are started diminishing against the bulls, prices acquired a pace to commit a gradual climb and there is an increase in the positive trade of the cryptocurrency.

Technical indicators and oscillators started turning blue well, as they are showing  increase in the buying volume and bullish dominance is emerging strongly.

MACD levels are showing that buying volume is maintaining its dominance over the selling volume and there are strong chances of heavy bullish momentum in the prices.

The 24Hr-RSI took a sharp positive divergence from the bearish region towards the bullish zone and currently trading above the crucial level of 50 with impressive bullish momentum.

The 24hr-CCI  was trading at the top of the normal region in a flat manner but finally, it to rise and entered the over buying region with potential do maintain this gradual up-surge.

Resistance Level: $ 70
Support level:  $ 65

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