Dash Price Technical Analysis - Rebounds Sharply
Key Highlights. Dash price rebounded sharply after sellers failed to clear 0.0109BTC on a couple of occasions. It settled above the 100 hourly simple moving average, which can be considered as a worrying sign for sellers. Dash buyers are facing an uphill task, as there is a monster resistance around 0.0120BTC. A solid reaction was noted around the recent lows in Dash at 0.0109BTC where buyers successfully defended the downside. 0.0120BTC as a Major Hurdle. The Dash price managed to pop higher after failing around 0.0109BTC. Buyers successfully pierced the 50% Fib retracement level of the....
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Key Highlights. Dash price fell sharply as forecasted in Yesterday's technical analysis, as there was a crucial break noted. The downside stalled around 0.0116BTC, representing an important support area. Buyers are in control, which is why selling rallies might not be a bad idea in the short term. Dash price moved lower sharply once sellers managed to gain pace. Looking ahead, the broken support at 0.0120BTC could act as a hurdle. 0.0120BTC as a Resistance. Dash price Intraday breached an important support area at 0.0120BTC, which represents a major pivot area for both buyers and sellers.....
Dash Price Key Highlights. Dash price after completing our highlighted sell pattern moved lower and dived sharply to trade below 0.0120BTC. The recent slide is very surprising, as the price settled below a major support area. More losses are possible moving ahead, but a short-term correction is possible. Dash price was crushed and traded towards 0.0114 to register a monstrous decline this past week. Dash Price Crucial Decline. There was a major downside reaction noted, and we were anticipating a move lower. There were a few important bearish signals noted this past week, which helped us to....
Dash Price Key Highlights. Dash price spiked higher sharply to register a new weekly high of 0.0147BTC where it found sellers. There was a flag pattern formed on the hourly chart, as highlighted yesterday which was breached to set the tone for an upside move. The price failed completely around 0.0147BTC, reversed more than 75% of gains. Dash price climbed higher sharply Intraday, but failed to hold gains and traded back lower. Failed attempt? We highlighted in yesterday's post that the Dash price could surge higher, as there was a flag pattern formed on the hourly chart. There was a break....
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....
Key Highlights. Dash price after surging higher corrected lower as forecasted in the weekly analysis. There is a major support building around 0.0125BTC, which is likely to act as a pivot area. A bullish trend line is also formed, which is a crucial barrier for sellers. Dash price correction phase is likely to complete soon, which means buyers might take control in the near term. 0.0125BTC as a support. As highlighted in the weekly analysis, the Dash price surged higher after clearing a couple of major resistances like 0.0120BTC and 0.0125BTC. The upside after the break was stalled around....