Dash Price Trading Near Critical Juncture

Dash Price Trading Near Critical Juncture

Dash Price Key Highlights. Dash price finally surged higher and broke several hurdles on the way up. The recent upside move in the Dash price is encouraging and a sign of things to follow. A break above 0.0118BTC might set the price for more gains in the near term. Dash price showing signs of more upsides as there was a sharp move higher Intraday taking the price towards a major bearish trend line. Break Possible? The price after a failure to move lower spiked and traded above a bearish trend line on the hourly chart, which acted as a pivot for more gains. The price surged higher and even....


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Dash Price at Crucial Juncture

Key Highlights. Dash price surged higher Intraday, but found sellers around a major resistance area. Prices settled successfully above 0.0120BTC, which is a positive sign in the short term. A break and close above the 100 hourly simple moving average might put a lot of pressure on Dash sellers. Dash price spiked higher with an increase in volatility, which poses a risk of more upsides moving ahead. 100 MA as resistance. There was an upside move noted for Dash price, as buyers managed to gain traction and took prices higher. One of the most important points to note is that the price settled....

Dash Price Weekly Analysis - Downside Continuation?

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....

Daily Altcoin Price Analysis: New Year's Gifts From DASH And ETH

Litecoin continues its tortures around $3.50, and can’t decide which direction to move in next. LTC:BTC tested the level of 0.008 and now tries to jump from this level. While Bitcoin decreases, Litecoin is counterbalancing at around $3.50. A one days growth of the DASH price by 20% came as a surprise, especially after yesterday's growth of more than for 12%. Having jumped from 0.0067 to 0.0087, DASH remains in first place when measured by trading volume, having left ETH far behind. It means that DASH has excellent prospects in the coming year. As a result, the chart of DASH for December....

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....

Dash Weekly Analysis - Poised for Declines

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....