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Dash (DASH) Bulls Got Completely Collapsed Against The Level Of $76

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  • Dash is committing a volatile trading pattern and suffering a lot between the crucial price levels of $71 and $ 73.
  • DASH/BTC pair is still performing negatively with loss of -0.86% which brings the level to 0.01074223.

Currently, DASH is moving due to the support of $ 71.00 which is only able to put a halt in the Dash prices but unable to prime them for their bullish momentum so that they can capture the crucial resistance level further ahead, it did succeed to overcome some levels but end up sustaining downfall from the level of 76.

Now DASH is keeping a keen eye on the resistance level of $73.50. It also seems like with the level of $72 and its vital support to the altcoin is not able to bring the positive indication soon enough as till now it is failing, there are strong chances that prices can acquire a gradual fall as they are about to fall below the level of $72. This level will be there the last restriction for bearish momentum.

Currently the DASH’s market capitalization is$679,282,697 USD $869,640,493 USD with circulative supply of 9,436, 833 DASH.

Dash Price Analysis

dash
Source:tradingview

DASH’s bulls are started to diminish as prices started acquiring negative momentum due to the overall bearish momentum in the market, prices are yet facing a heavy variation near the level of $71 due to a resistance line forming up there at $73, bears might be soon able to bring a heavy negative trade due to the increase in the negative trade of the cryptocurrency.

Technical indicators and oscillators started turning red, as they are showing an increase in the selling volume due to the heavy presence bearish momentum present in the market.

MACD levels are showing that selling volume is emerging and making a strong dominance over the buying volume and there is strong bearish momentum in the prices and they maintain this pace.

The 24Hr-RSI took a sharp negative divergence from the bullish region towards the bearish zone and currently trading in the depths of the bearish region with a slight divergence.

The 24hr-CCI is trading at the bottom of the normal region in the diving manner just after climbing up from the overselling region. region.

Resistance Level: $73
Support level: $70

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