Dash (DASH) Prices Are Sliding Down Due To The Bears, Testing Level Of $82

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 falling with a gradual negative trading pattern and suffering a plummet.
  • DASH/BTC pair is still performing negatively with loss of -1.19% which brings the level to 0.00923497

Currently, DASH price is moving along the bears as they acquired a strong bearish momentum.

The support level of  $ 82.00 is putting a halt in the volatile Dash prices as they are continuously preventing them from falling.  

Now DASH Price is suffering majorly in the negative trade after losing the level of $88, its recent high.  

The strong resistance of $84 is the reason for the current plummet in the prices.

Currently, market nature is also turning red which means there won’t be an easy recovery up ahead in the near period.

As this level of $82 will be there the last restriction for bearish momentum.

The DASH prices might overcome this bearish momentum if again the acquire bulls at the level of $82.

As for the last time, it was this level which worked as a foundation for the prices to reach the resistance line of $88

Currently the DASH’s market capitalization is $779,973,939 USD $648,136,527 USD with circulative supply of 9,473,489 DASH.

Dash Price Analysis

dash1
Source:tradingview

DASH’s prices are suffering due to the bearish emergence as prices started acquiring flat momentum due to the overall bearish momentum in the prices.

Technical indicators and oscillators started turning blue, as they are showing an increase in the buying volume.

MACD levels are showing that selling volume was emerging and making a strong dominance over the buying volume but now it seems like buying volume is making an emergence in Dash.

The 24Hr-RSI took a positive divergence in the bearish region and now climbing towards the bullish as soon will it touch the level of 50.

The 24hr-CCI was about to touch the depth of the normal zone but that didn’t happen as the acquired a bullish momentum.

Resistance Level: $ 84.00

Support level:  $ 82.00

We Recomaned

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Partners