Dash (DASH) Acquires The Level Of $80, Level Of $82 Is Still Being A Major Threat

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 climbing up with a gradual positive trading pattern and trying to reach new heights.
  • Current momentum can lead prices to cause a vital bullish breakout if the surpasses $82.50.
  • DASH/BTC pair is suffering a negative change of -0.05% which brings the level to 0.011513.

Currently, DASH is moving along the bulls as they acquired a strong pace to meet up with strong stability above the level of $80.

Acquiring the price level of  $ 80.00 can be the key factor that might turn the tables against the market bears. As prices manage to put a halt on the continuous fall due to the resistance line.

If prices manage to acquire the level of $82.50, they will go up front to the major resistance line of $85 as clearing it will be a groundbreaking achievement for the DASH prices. Overall prices are still facing volatility due to the current resistance level.

Currently the DASH’s market capitalization is$764,817,918 USD $879,176,308 USD with circulative supply of 9,453, 765 DASH.

Dash Price Analysis

dash1
Source:tradingview

DASH prices are about to enter the strong region as prices started acquiring a heavy positive momentum due to the overall bullish momentum in the market and prices were able to cover over the heavy bearish region.

Technical indicators and oscillators started turning blue, as they are showing an increase in the buying volume due to the bullish momentum currently prices trading with.

MACD levels are showing that buying volume is emerging and making a strong dominance over the selling volume. After a session of negative trade.

The 24Hr-RSI  is trading with strong positive momentum in the bullish region and making its way up front for the strong bullish zone. Currently, it is at the level of 60.

The 24hr-CCI  is trading at the top of the normal region in a flat slightly positive manner just after climbing up with a strong positive divergence.

Resistance Level: $ 82.50

Support level:  $ 78.00

 

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