Home / Dash News / Dash Price Analysis: Bullish Movement Attempting to break the downtrend

Dash Price Analysis: Bullish Movement Attempting to break the downtrend

The cryptocurrencies in the market is still hovering between bullish and bearish movements. Some currencies are showing green signal and some are under the red zone. Dash is also one of them and the bulls are attempting to break the downtrend line.

The currency has started with the bullish movement Thursday and the value of the DASH increased to $81.50 from $81.10. The value was under the bearish pressure on Wednesday and the price decreased up to $82.25 from the value of $81.10. The pair of DASH/USD was plunged to the value of $80.30 and then the currency increased up to $82.58. Then after an hour, the currency’s value decreased to $81 from $82.50, it happened before the value is corrected around $81.50.

Current Value of DASH: Currently, the currency as trading at the value of $81.14 and its value is increasing by 0.11%. The market capitalization of the currency is $732,114,274 and the 24-hour volume of the currency is $187,162,051. The circulating supply of the currency is 9,022,592 DASH.

The daily chart of the DASH: The pair of DASH/USD is struggling with the resistance at the downside trend line. The value is also under the SMA of 200-days, 50-day, and 20-day curves lines. The MACD signal displays bouncing of bullish movement and the Elliott oscillator also displays 3-day bullish movements. RSI signal also near the oversold region.

  • 5

About Arushi Dubey

Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

Check Also

Cryptocurrency DASH To Begin Trading On Coinbase PRO

Recently the digital currency platform for payments and e – commerce, Dash proclaimed to be …

Leave a Reply

Your email address will not be published. Required fields are marked *

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.