Dash Price Weekly Analysis - Monstrous Ride
Key Highlights. Dash price rocketed higher and moved above a major hurdle of 0.0120BTC. There was more than 10% gain and there was a major bull trend noted as anticipated in one of the previous week's analyses. Dash price blasted higher and traded above several key resistance levels that ignited a monstrous ride this past week. Clear Uptrend. We were forecasting a major break for Dash price towards the upside, as most technical indicators were aligning in favor of bulls. There was a bearish trend line formed on the hourly chart, which was breached this past week. It ignited an upside move,....
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Dash Price Key Highlights. Dash price after completing our highlighted sell pattern moved lower and dived sharply to trade below 0.0120BTC. The recent slide is very surprising, as the price settled below a major support area. More losses are possible moving ahead, but a short-term correction is possible. Dash price was crushed and traded towards 0.0114 to register a monstrous decline this past week. Dash Price Crucial Decline. There was a major downside reaction noted, and we were anticipating a move lower. There were a few important bearish signals noted this past week, which helped us to....
Bitcoin price after a monstrous ride corrected lower towards $650 against the USD. It looks like the BTC/USD is positioning for another move higher. Key Points. Bitcoin price jaw dropped back towards $650 after a solid ride towards the $750 level. There is a crucial bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which is acting as a support zone. The 100 simple moving average is also on the downside, acting as a barrier for sellers. Bitcoin Price Buy Dips? I mentioned in my last weekly analysis that Bitcoin price remains in an uptrend against the US....
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....
Litecoin price was crushed this past week. Every hope of buyers was diminished once the price broke the $3.50 support area. Intraday Support Level (Bitfinex) can be at $3.00. Intraday Resistance Level on the upside may be at – $3.20. This past week was a crucial one for Litecoin price, as sellers enjoyed a nasty ride. They managed to take the price much lower than the market expected. There was a major support area at the $3.50 level, which acted as a barrier for sellers on many occasions. However, before closing the week, the price fell sharply on Friday and cleared the stated level. The....
Key Highlights. Dash price after surging higher corrected lower as forecasted in the weekly analysis. There is a major support building around 0.0125BTC, which is likely to act as a pivot area. A bullish trend line is also formed, which is a crucial barrier for sellers. Dash price correction phase is likely to complete soon, which means buyers might take control in the near term. 0.0125BTC as a support. As highlighted in the weekly analysis, the Dash price surged higher after clearing a couple of major resistances like 0.0120BTC and 0.0125BTC. The upside after the break was stalled around....