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Dash (DASH) Bulls Are Struggling Against The Key Resistance Of 75.00

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  • Dash is committing a sustainable trading pattern but suffering between the crucial price levels of $70 and $ 75.
  • 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 $ 70.00 which fueled the Dash prices for their bullish momentum to capture the crucial resistance level further ahead, it did succeed to overcome some levels but end up sustaining downfall near the level of 75. 

Now DASH price is keeping a keen eye on the resistance level of $75.00. It also seems like with the level of $72 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 $75. This level will be there the last restriction for bullish momentum.

Currently the DASH’s market capitalization is$700,629,823 USD with volume traded of  $796,442,823 USD with circulative supply of 9,428,138 DASH.

DASH Price Analysis

DASH
Source:tradingview

DASH’s bears are started diminishing as prices started acquiring positive momentum due to the overall bullish momentum in the market, prices are yet facing a bit of volatility near the level of $75 due to a resistance line forming up there, bulls might be soon able to break this deadlock due to the increase in the positive trade of the cryptocurrency.

Technical indicators and oscillators started turning blue, as they are showing an increase in the buying volume due to the heavy presence of bullish momentum present in the market.

MACD levels are showing that buying volume is emerging and can make its dominance over the selling volume and there are strong chances of bullish momentum in the prices if they maintain this pace.

The 24Hr-RSI took a sharp positive divergence from the bullish region towards the normal zone and currently trading above in the heights of the bullish region with a slight dive.

The 24hr-CCI is trading at the top of the normal region in a diving manner after falling from the over buying region. 

Resistance Level: $ 75
Support level: $ 74

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