Dash Price Defies Gravity, Looks to Trade Higher
Dash Price Key Highlights. Dash price after the monstrous decline started a consolidation phase and trading in a range. A bearish trend line is formed, which if broken might call for an upside move in the near term. The chance of a move higher is increasing as sellers look exhausted. Dash price might spike higher once the consolidation period is over, but buyers need to get aggressive for the same. Break Higher? As highlighted in one of the recent posts, there was a major decline in the Dash price. However, the downside was stalled around 0.0111BTC after which the price started to trade in....
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Ethereum price traded sharply higher against the US Dollar to trade above $12.50. ETH/USD now remains supported and could trade further higher. Key Highlights. ETH price busted higher against the US Dollar, and broke many important resistances like $11.20 and $12.00. At the moment, there is a connecting bullish trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX) with support at $12.65. The pair may continue to remain in an uptrend since the bias has now changed to bullish. Ethereum Price Upside Momentum. We saw there were tiny range moves in ETH price against the US....
Ethereum price showing a few positive signs. If there is a break above the $4.40-50 level, then a move towards $6.00 is possible. Major Support Level is $4.10. Major Resistance Level may be $4.50. Ethereum price moved down by more than 25% recently and dived towards the $3.20-30 support area. The price has recovered and also moved above the 100 simple moving average (H4 chart, Kraken), which is a positive sign for buyers in the short term. It looks like buyers may attempt to take the price higher in the near term. However, there are many barriers on the upside waiting for them. The first....
Dash Price Key Highlights. Dash price continued to move higher and it looks forming an expanding triangle pattern on the hourly chart. We highlighted recently a flag pattern on the hourly chart, but it looks like it is an expanding triangle. The price is above the 100 hourly simple moving average, which is a positive sign. Dash price showing a lot of positive signs, which means there is a chance of the price moving higher in the near term. Expanding Triangle. We highlighted recently a flag pattern on the hourly chart, but it looks like it is an expanding triangle. The price continued to....
Dash Price Key Highlights. Dash price struggled to trade higher and continued to trade in a range with a major support at 0.0110BTC. There is a contracting triangle pattern formed on the hourly chart, which might act as a catalyst for the next move. One bearish sign is that the price is struggling to clear the 100 hourly simple moving average. Dash price trading in a range, but looks poised for a short-term break as there is a triangle pattern forming on the hourly chart. Break Ahead? The Dash price continued to weaken and failed on many occasions to trade below 0.0110BTC. The most....
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....