- DASH coin price bull trend is currently seeing a slowdown and is looking for consolidated momentum. It has seen a loss of more than 0.89% in the intraday session
- Technical indicators of DASH hints towards a consolidated momentum for the future. Meanwhile, DASH/BTC pair is down by more than 0.3%
DASH coin price is currently seeing a slow down in its bull trend and can soon revert to the bearish momentum in the future. DASH’s price is currently trading near the value of $192 and has seen a loss of more than 0.97%. The asset has an ROI of more than 91000%, which has profited various retail and institutional investors. The upside trend of DASH may face resistance near the value of $250. The bounceback region in the asset price can be seen at around $150. Dash coin price is trading in between 50 and 100 Daily Moving Average. The 100MA line is near the level of $180, making it a temporary bounceback region for the coin price. If the coin price drops down below the 100MA then a strong downside momentum till $100 can be seen. One can forecast strong growth in DASH in future
DASH coin CMC ranking is looking to recover to its previous levels. The volume of the coin has also become stagnant for the time being. The asset has to cover more than 70% of the current value to cross its all-time high. The volume to market capitalization ratio of the DASH hints towards a strong upside momentum for the future
DASH Coin Price May See A Consolidation in Future
The weekly technical chart of DASH hints towards a bearish momentum in the price for the future. The price of the asset is up by more than 8% in the intraday session. On the daily chart, the coin price is seeing a downside momentum. If the coin price breaks below the $160 level then a strong bearish momentum can be seen in the future. DASH/BTC pair can also observe a new low in the future
Conclusion
DASH coin price is seeing a consolidation but can soon revert to the uptrend. DASH/BTC pair can also see a new high in the future
TECHNICAL LEVELS
Major Resistance:$200
Major Support:$160