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

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DASH Price Analysis: DASH Crypto Price Halts After A Short Bull Run
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  • 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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Rajat is an MBA graduate specialized in finance who is a motivated self-starter, highly organized, and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. His primary focus is on cryptocurrency price analysis and industry news coverage.

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About this article

PublishedAugust 15, 2021 1:37 pm
Last updatedJanuary 15, 2025 8:10 pm
Written byRajat Arya
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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