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- Dash is unable to commit a sustainable trading pattern between the crucial price levels of $65 and $70.
- Still, DASH/BTC pair is still performing positively with a gain of 1.54% which brings the level to 0.01012750
Currently, DASH is moving due to the support of $ 65.00 which is preventing the price downfall and fueling the Dash prices for their bullish momentum to capture the crucial resistance level of $70, it did succeed once but end up collapsing soon.
Now DASH is keeping a keen eye on the resistance level of $70.00. It also seems like with the level of $65 and its vital support to the altcoin can bring a positive indication soon enough, there are strong chances that prices can maintain a gradual climb if they develop stability above 70.
Currently the DASH’s market capitalization is$642,598,479 USD $563,294,588 USD with circulative supply of 9,421, 550 DASH.
DASH’s bears are started diminishing as prices started acquiring positive momentum, prices are yet exposed to the downfall as there is a majority of the flat trend in the aspects of the chart if bears manage to a break out prices will be exposed to fall.
Technical indicators and oscillators started turning red, as they are showing an increase in the selling volume due to the bearish momentum.
MACD levels are showing that selling volume is emerging and can make its dominance over the buying volume and there are strong chances of bearish momentum in the prices.
The 24Hr-RSI took a sharp positive divergence from the bullish region towards the normal zone and currently trading above the crucial level of 50 with a slight bullish momentum.
The 24hr-CCI is trading at the top of the normal region in a flat manner after falling down from the over buying region.
Resistance Level: $ 70
Support level: $ 65
