Dash Price Weekly Analysis - 0.0120-22BTC as Pivot
Key Highlights. Dash recovered sharply after diving towards 0.0110BTC where buyers managed to protect further losses. There is a bearish trend line forming on the hourly chart of Dash, which may perhaps act as a hurdle for buyers. Dash is struggling around an important level at 0.0120BTC, which was a support earlier and now acting as a resistance for more gains. Can Buyers Clear 0.0120BTC? This past week we forecasted a downside reaction in Dash once the price went below 0.0120BTC. There was a sharp downside, which took it towards 0.0110BTC where somehow buyers managed to hold the....
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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....
Key Highlights. Dash continued to struggle, and it looks like it is set for more declines moving ahead. There is a critical support formed around 0.0120BTC, which if breached might call for a test of 0.0114BTC. Dash failed to clear 0.0125BTC resistance area, which has increased the possibility of a break lower in the short term. 0.0120BTC Hold the Key. We have been following a major support at 0.0120BTC, which acted as a barrier on numerous times and protected the downside. However, it is vulnerable moving ahead, as there are a lot of things aligning in favor of sellers. The most important....
Dash Price : Key Highlights. Dash price surged higher as forecasted in one of the previous week's technical analyses. 0120BTC remains a major hurdle for buyers as it is a pivot zone. Dash price moved higher and breached a few important resistances, which suggest that more upsides are possible. Trend Line Break. We were anticipating a break higher this past week for the Dash price. There was a break towards the upside, as the price traded above a major bearish trend line on the hourly chart. The break was convincing, as the price settled above a major resistance level of 0.0116BTC. The....
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 this past week settled above an important resistance area, but it looks like a false break. Buyers failed to gain momentum, as the price settled back below 0.0120BTC. Dash buyers failed to take prices above 0.0125 twice, which means there are chances of it trading lower in the near term. Important of 0.0125BTC. We highlighted an important resistance area this past week around 0.0125BTC, which acted as a barrier for buyers on more than two occasions. There is also a bearish trend line formed on the hourly chart of Dash, which added to the value of the highlighted....