Dash Price Back Above 0.0121BTC, What's Next?
Key Highlights. Dash buyers managed to take the price higher and broke acrucial resistance at 0.0121BTC. Prices settled successfully above 0.0121BTC, which is a bullish sign in the near term. The broken resistance at 0.0121BTC might act as a support moving ahead. Dash price might attempt one more push higher, as a break above 0.0120BTC was very critical and suggests that sellers were outpaced. Buy Dips? Dash prices after breaking above 0.0121BTC, popped towards 0.0127BTC where there was a minor reaction. The upside noted was quick as the mentioned break acted as a catalyst for buyers to....
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Dash Price Key Highlights. Dash price moved back lower once again and looks set for a retest of the last low of 0.0111BTC. There is a flag pattern formed on the hourly chart, which might cause a break in the near term. The price is below the 100 hourly moving average, signaling more losses ahead. Dash price after spiking higher found resistance around 0.0121BTC and traded lower one more time. Retest of lows? We highlighted in yesterday's post that the Dash price moved above the 100 hourly simple moving average, but the move was not convincing. As a result, there was a downside reaction....
Key Highlights. Dash price dived towards 0.0121BTC where it found support as forecasted in Yesterday's analysis. Buyers might fight and push the price back up as long as 0.0120BTC remains intact. 100 hourly simple moving average is also aligned around the mentioned area to act as a hurdle. Dash price corrected lower after setting a high at 0.0127BTC, and looks set for another leg higher in the short term. Importance of 0.0120BTC. Dash prices after setting a short-term top at 0.0127BTC moved lower, and tested a crucial support area at 0.0120BTC. The price stalled around the mentioned area....
Key Highlights. Dash after trading as high as 0.0130BTC failed to maintain momentum and fell back sharply. It formed a short-term reversal pattern, which is likely to ignite more losses moving ahead. Downsides in Dash are likely if sellers manage to clear the 100 hourly simple moving average, as there are a lot of bearish signs emerging. 100 MA as Support. Dash traded lower recently after forming a toppish pattern on the hourly chart around 0.0130BTC, but sellers are facing a major resistance in the form of 100 hourly MA. Moreover, the 50% Fib retracement level of the last wave from the....
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....
Dash Price Key Highlights. Dash price after setting a low around 0.0111BTC, consolidated for some time and then moved sharply higher. A critical bearish trend line formed on the hourly chart was breached during the upside move. If the price moves lower from the current levels, then it might find buyers around 0.0116BTC. Dash price finally spiked higher, and even managed to close above an important resistance area to signal more gains. 0.0116BTC as a Support. This past week, we highlighted a bearish trend line on the hourly chart, and the price trading below the 100 hourly simple moving....