Dash Price at Potentially Significant Risk
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,....
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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 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....
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....
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....
For cryptocurrency Dash, presenting at d10e next week, the goal is to have people walk away realizing that there is a lot more that can be done with cryptocurrency or digital currency than bitcoin has been able to achieve thus far, says Ryan Taylor, head of finance at Dash. What Does Dash Bring to the Table? Dash will have a significant presence at the d10e Conference in San Francisco on Jul. 20. Lead developer Evan Duffield and head of business development Daniel Diaz will both be presenters. In addition, Dash will be hosting a booth featuring a Dash-enabled vending machine to highlight....