Dash Price May Decline to 0.0116BTC
Key Highlights. Dash continued to trade in the bearish zone, and might decline towards 0.0116BTC moving ahead. A critical support at 0.0119BTC was breached by sellers, but there was a lack of momentum. 0119BTC and 0.0120BTC may well act as a resistance in the near term. Dash price is slowly grinding lower, and it looks like positioned for more losses once volatility picks up. More Losses to Follow. We have been following a crucial support area around 0.0119BTC-0.0120BTC, which was breached recently. However, sellers failed to gain pace, and as a result, there was not much of follow....
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Dash Price Technical Analysis - Key Highlights. Dash price managed to stay above 0.0116BTC, but remains at risk of more losses. There are a couple of bearish trend lines formed, which are protecting gains in Dash. As long as the price is below 0.0120BTC it might continue to move lower. Dash price corrected a bit higher after settling around 0.0116BTC, but the upside was limited due to the number of hurdles on the upside. Can sellers break 0.0116BTC? As we highlighted yesterday that the Dash price found support around an important area of 0.0116BTC. The mentioned support was protected....
Key Highlights. Dash price failed to break a critical support area at 0.0116BTC and traded back higher. There was no way for sellers to take the price lower, and as a result there was an upside reaction. A solid bullish bar is formed on the hourly chart, which has the potential to take the price higher. Dash price was rejected around 0.0116BTC on a number of occasions, which resulted in a spike higher. Consolidation Phase. We highlighted the importance of 0.0116BTC support area that helped buyers time and again. There was a rejection noted Intraday around the mentioned support area, and....
Dash Price Key Highlights. Dash price continued to follow a downward sloping channel and looks set for more declines. Price is trading around the 100 hourly simple moving average, i.e. acting as a pivot area. Dash sellers were seen in control and if they gain momentum, the price might break 0.0116BTC to trade lower. Channel Break. We highlighted a critical descending channel on the hourly chart, which is acting as a catalyst for sellers and buyers. There were times when the price settled below the 100 MA and closed above it on a few occasions. There is a support area building around....
Key Highlights. Dash price jumped higher before ending the past week, but it looks like it was a false break. The price was completely rejected around 0.0120BTC, which is a warning sign in the short term. 0116BTC is again a minor resistance area for more upsides. Dash price completely failing to trade higher is a worrying sign, as sellers look like controlling the current situation. More declines? The price moved higher recently, and even managed to clear a couple of important hurdles on the way up like a bearish trend line on the hourly chart and 0.0116BTC. However, it turned out to be a....
Key Highlights. Dash buyers failed to take the advantage of the recent surge higher, as the price fell back sharply. Prices settled successfully above 0.0120BTC, which is a positive sign in the short term. 100 hourly simple moving average continued to act as a hurdle for buyers in the short term. Dash price is heading lower towards 0.0116BTC, which is a key support area and must hold if buyers have to contain losses. A break below 0.0116BTC possible? The price recently traded close to 0.0116BTC where buyers defended the downside, and pushed it back up. However, the upside was also limited,....