Dash Price Remains at Clear Risk of a Break
Dash Price Key Highlights. Dash price continued to struggle to clear a major hurdle around 0.0116BTC, and now 0.0112BTC is also a resistance zone developing. A bearish trend line as highlighted in yesterday's analysis remains a key factor for the next move. 100 hourly simple moving average is also adding to the bearish pressure. Dash price struggle to trade higher speaks volume about the recent bearish pressure, which might ignite a downside move. More Losses Likely. There had been more than 5 attempts to clear a major resistance around 0.0116BTC-0.0114BTC, but buyers failed to gain....
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Dash Price Key Highlights. Dash price is struggling to gain pace after it managed to clear a major bearish trend line as highlighted previously. There is an important support area at 0.0115BTC, which must hold in the near term to avoid losses. The hourly RSI is below the 50 level, signaling the price could move lower. Dash price attempted to clear 0.0115BTC many times and failed, but buyers also struggled to take the price higher. Break Lower? We highlighted yesterday that the Dash price is struggling to gain pace and failed on many occasions to trade higher. The price moved lower once....
Dash Price Key Highlights. Dash price continued to find buyers around a major support area at 0.0125BTC. Price remains at risk of a break as forecasted in one of the recent analyses. A new triangle pattern is formed, which may act as a catalyst for the next move. Dash price looks like consolidating above 0.0.125BTC and setting up for the next wave in the near term. What's after consolidation? As mentioned, it looks like the price is consolidating and positioning up for the next move. Sellers struggled time and again to break an important support area of 0.0125BTC. As stated earlier too,....
Key Highlights. Dash price managed to clear an important bearish trend line as highlighted in yesterday's analysis. The price remains below a major barrier of 0.0116BTC, which might ignite a move lower. More losses are favored as long as sellers defend the mentioned barrier. Recent break in the Dash price is a positive sign, but buyers need to be careful as the job is only half done. 0.0116BTC as a Hurdle. There was a break noted for the Dash price, as a bearish trend line as highlighted in yesterday's analysis was pierced by buyers. The price climbed higher after the break, but the upside....
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 after a sharp spike higher failed to hold gains and traded lower. There is a major trend break noted, which is likely to ignite more declines in the short term. Dash price once again failed to continue trading higher and moved back lower to clear a major support area. Dash Price - Retest of 0.0125BTC. We highlighted this past week that the price could trade higher, and bounce sharply. There was an upside reaction, but buyers failed to outpace sellers after some time. There was a solid selling interest noted around the 50% Fib retracement level of the....