Home
News
- DASH price is seeing a bullish move with a gain of 7.5% today and is ready for the next bull run
- Technical Indicators suggest a strong bullish move for DASH.Meanwhile DASH/BTC pair is trailing at the value of 0.004211 BTC
DASH price is at the level of $229 with a gain of 7.56% in a day. The price of DASH can encounter resistance while going upside at the value of $325. The bounce back for DASH can be seen from the level of $200. Dash price is above 50 and 100 Days Moving Average. The 50MA (Yellow) line is at the level of $181, making it temporary support for the price. The price is currently in a consolidated move and is assumed to give a positive breakout. If the price crosses below 50 and 100 MA, it would be onerous for it to recover positively.
DASH is currently ranked at 41, with a market capitalization of $4,328,669,837.The coin volume went up by 36.68% and is at the value of $896,113,074.
TECHNICAL INDICATORS GIVES POSITIVE SIGNAL FOR DASH
The weekly technical chart of DASH highlights a bullish move for the coin.DASH price has also seen a gain of 8.74% on the weekly time frame. The daily chart of DASH hints at the end of the bearish move. On coming to the shorter time frame of 4 hours, the coin has formed a trapezium. If the price breaks above 5% of the current position, it can see a rally of 20% in upcoming trading sessions. The DASH price can also see a new low if it comes below the trapezium.
The volume indicator is at 1.75K with the hint of lower buying pressure. If the price climbs above $240, then a buying rush can be seen.
RSI(Bullish): It is currently at the level of 67.32, showcasing its presence in the overbought zone. There is positive slope formation in the RSI, suggesting the price may see the continuation of the uptrend. The overall sentiment of the RSI is Bullish.
DASH PRICE BULLS READY TO ROLL
DASH has seen a gain of more than 240% from the start of the year. The DASH/BTC pair is performing positive with a gain of 0.05%. The DASH/USD pair can also be very profitable for an investor in the upcoming days.
TECHNICAL LEVELS
Major Resistance:$325
Major Support:$200
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
