- DASH is trading in a consolidated zone with a gain of 7.44% from the previous intraday session
- DASH/BTC trades at the level of 0.003585BTC with a gain of 2.13%
Over the past few trading session, DASH has remained in a consolidated zone. Meanwhile, the DASH/BTC pair is near its resistance point. DASH trades at $134.010 with a 26.05% change in the volume. The crypto ranks 31, with a market capitalization of $1,328,790,455. The user-friendly and scalable payment fundamentals of DASH have made their place in investors’ pockets.
Technical Analysis
DASH is on a sideways moment; and showcases a consolidation phase. The lower side’s critical support is at $120.403, and resistance at the level of $140.03. DASH is currently above the trend line and makes temporary support with a 20 EMA line. It has formed a Doji candle in the previous session, which tells that it can soon break its sideways trend.
Relative Strength Index is at a level of 63.43 (at the time of writing) with an upcoming positive slope. The positive slope of RSI could extend itself upto a level 85 before returning. The current scenario projects RSI Bullish for DASH.
MACD is at a positive level, with the bars forming in a green zone. The bars’ length is high, which tells that there is a robust Bullish momentum on DASH.
CONCLUSION
Due to its unique fundamental property of user-friendliness and scalable payments solutions, it has been in investors’ eye for a long time.DASH can be the solution for the payment systems. It can be profitable for investors in the upcoming future.
TECHNICAL LEVELS
Major Support:$125.3
Major Resistance$140.35