Dash Near Resistance Level of $70.2 Trading in Red

  • The coin trading at the level of $70.2 at the resistance level with the loss of 0.80% on Thursday
  • After making the low of $64.5, the coin makes price recovery, gains the level $70
  • Market capitalization is $687,123,767 and volume traded in the last 24-hours is $540,764,354
dash 1 1
source: tradingview

Over the monthly chart, Dash makes a descending triangle pattern with the support of $64.5. After making the high of $74.7 over the monthly chart the sudden sell-off is observed in the coin and makes the low of $64.5, however, the price recovery helps the coin to trade at the level of $70. The minor resistance is $70.2 and the strong resistance is of $74 while the support is $64.5 as the monthly low.

The volume traded in the last 24-hours is $540,764,354  and the market capitalization is $687,123,76. The volume observed in the Global crypto market is $79.55 B increased by 10.65% in the last 24-hours while the market cap is $360.84 decreased by -0.19%.

dash 2 1
source: tradingview
- Advertisement -

Relative Strength Index (RSI) indicates the bearish nature of the coin as trading under the RSI level 50 while the recovery in the price helps the crypto asset and RSI recovers trading at the level of 49.3.

Commodity Channel Index (CCI) also shows the weakness in the chart as trading in the bearish zone, however, the price recovery helps the coin to trade strong after the low of $70 trading at the level of -66.3 CCI level.

dash 3 1
source: tradingview

Moving Average Convergence Divergence (MACD) gives the negative crossovers as we observe the price fall, however, the price recovers but we can observe another negative crossover in the bullish zone we can see price all in the coin.

Support level: $64.5 (as the monthly low.)

Resistance level: $70.5 and $74 

Join The Coin Republic’s Telegram Channel for more information related to CRYPTOCURRENCY NEWS and predication.

Download our App for getting faster updates at your fingertips.

How useful was this post?

Click on a thumb to rate it!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Download our App for getting faster updates at your fingertips.

Pratik Chadhokarhttp://www.thecoinrepublic.com
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.

Similar Articles



Please enter your comment!
Please enter your name here

We Recommend

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Top Rated NFT Market

Australia's Top Rated Exchange

Top Rated Cryptocurrency Payment Service