Dash Price Technical Analysis - Topside Bias Vulnerable
Dash Price Key Highlights. Dash price looks like consolidating in a range with resistance around 0.0120BTC. There is a bearish trend line formed on the hourly chart, acting as a resistance for buyers. The price trading near the 100 hourly simple moving average, and struggling to trade positively. Dash price struggling to trade higher as 0.0120BTC continued to act as a barrier and stalling gains in the near term. Downside Reaction. The Dash price remained under a bearish pressure, as buyers failed time and again to take the price above the 100 hourly simple moving average. There was no....
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Bears hold complete control over Dash as the cryptocurrency continues with its spree of hitting fresh lows. In my earlier analysis on Dash, I had mentioned that the cryptocurrency is steadily losing and that it is best to stay on the short side of the trade; those who had followed this advice would have made good money (or avoided huge losses) as the cryptocurrency has plummeted to a 1-month low of 0.01231BTC. Dash is still under extreme selling pressure, languishing near the lows at 0.01254BTC. Although it is incredibly difficult to comment now as to when the ignored cryptocurrency will....