Dash Price at Potentially Significant Turning Point
Key Highlights. Dash price remained below a major swing area of 0.0120BTC. Buyers trying very hard for a break higher, and if they succeed, more gains are likely. There is a bullish trend line formed, i.e. acting as a support in the short term. Dash price looks poised for more gains, and a break above 0.0120BTC is feasible as buyers are probably in control. Retest of 0.0125BTC? The Dash price after settling above the 100 hourly simple moving average looks very positive and might be positioning for more gains in the near term. However, the resistance (0.0120BTC) that we highlighted in the....
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The cryptocurrency Dash has seen a significant price spike over the past couple of weeks. Dash even acquired the cryptocurrency market capitalization top three position, and is priced over US$46 at the time of writing. Some cryptocurrency enthusiasts have applauded the significant rise for various reasons, while others believe the pump just doesn’t add....
Key Highlights. Dash price consolidating after losses it suffered recently. On the downside, 0.0109BTC remains a key support which must hold if the price has to correct higher. Selling rallies is still a preferred option for Dash. After a monstrous decline in the Dash price, it looks like it might continue to consolidate in the short term. Price to Decline? After recent losses in Dash, it looks like price stabilized around 0.0109BTC, and there is a chance that it might correct higher moving ahead. The Bollinger Bands are contracting and forming a narrow range pattern, suggesting that a....
cryptocurrency community lags severely behind Bitcoin. Recently, however, certain altcoins have begun to make inroads in business adoption (Scotcoin for example). Dash, currently the fifth most prominent cryptocurrency, debuted a vending machine at the 2016 North American Bitcoin Conference, Dash N’ Drink, to showcase Dash’s InstantX instant secure transactions. Last month, a DashPayments for WooCommerce plugin was released, further expanding the cryptocurrency’s adoption possibilities. CoinTelegraph spoke with Moocowmoo, Dash developer behind Dash N’ Drink, about the state of the....
Dash Price Key Highlights. Dash price looks like completed a 5-waves up pattern and might head lower in the near term. There is a Triple top pattern formed (as highlighted yesterday), which could push the price lower. Besides, there is a bullish trend line formed, which must be cleared for more losses in the near term. Dash price might have created a short-term top, as there is a wave sequence completed on the hourly chart. 5-Waves Pattern. As mentioned in yesterday's post, we are waiting for a break in the Dash price. There are a couple of important things formed on the hourly chart,....
Readers may be aware that Dash, formerly Darkcoin, has a system of what they refer to as "Masternodes," which are full nodes that receive part of the mining reward in return for confirming transactions far quicker than certain other cryptocurrencies. Unlike full nodes in Bitcoin, a Dash masternode requires a collateral investment of 1000 Dash, or over $2,000 USD at current rates. Recently, the Dash community raised the question as to whether this network of nodes could be utilized for other purposes. Specifically, whether or not it would be useful to utilize the network of full nodes to....