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DASH Price Analysis: DASH Crypto Price Halts After A Short Bull Run

  • DASH crypto price is currently seeing a halt from the bullish trend but can soon revert to the uptrend. It may soon cross above the barrier of $250
  • DASH price is inside the upside parallel channel which can push it to further highs. Meanwhile, DASH/BTC pair has seen a gain of more than 4% in the past 24 hours.

DASH crypto price is seeing a halt from the bullish momentum but can soon revert to the new high. DASH token price has seen a halt near the $200 and is trading with a gain of more than 4% in the intraday session. The asset has an ROI of more than 91000%, which has always differnatied it from the other projects. DASH price, while going upside can see a hostility near the value of $250. The bounceback region in the coin price can be seen near the value of $250. Dash coin price is trading above 50 and 100 Days Moving Average, with an upcoming positive crossover .  The 100MA line is near the level of $185, making it a temporary bounceback region for the price. The asset price has observed a gain above the 100 DMA which can push it to a new high. DASH/BTC pair can also rise to a new high in the future. One can invest in DASH as per their risk capacity and price action

DASH coin is currently ranked 50th in the CMC and has a market cap of more than $3,716,508,086 . The asset price has seen a downslide of more than 80% from it’s all time high . The volume to market capitalization ratio of the DASH hints towards an upside momentum in price.

DASH Crypto Price Technical Indicators Hints Towards A Strong Upside Momentum In Price

Source: Trading view

DASH weekly technical chart suggests a strong bullish momentum in price for the future. The price of the asset has observed a gain of more than 9% on the weekly technical chart. On the daily chart the coin price is seeing a consolidated momentum . If the price continues to rise with the same momentum then it can soon cross above $250. DASH/BTC pair can also see a breakout from the previous resistance . 

Conclusion

DASH crypto price is currently in an upside momentum and can soon see a major breakout. DASH/BTC pair can also see a major breakout in the future

TECHNICAL LEVELS

Major Resistance:$250

Major Support:$150

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.