Dash Price at Continued Risk of Weakness
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....
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Key Highlights. Dash price found resistance around 0.0116BTC, which is a major swing area in the near term. A bear trend line is formed as highlighted in yesterday's analysis continued to act as resistance. Buyers need to break the 100 hourly moving average if they have to gain momentum. Dash price is showing signs of weakness, but if buyers get aggressive a break higher is possible moving ahead. Downside pressure? Dash price continued to find sellers around 0.0116BTC-0.0114BTC, as it represents a major resistance area. As stated yesterday, the mentioned level holds importance as it....
Dash Price Key Highlights. Dash price continued to trade in a range as there was no break below 0.0110BTC. As highlighted this past week there is a bearish trend line formed on the hourly chart, which continued to act as a barrier. The price is struggling to settle above the 100 hourly simple moving average, which is a negative call for buyers. Dash price found support around 0.0110BTC one more time, which caused an upside reaction this past week. Trend Line Break. The Dash price struggled to clear the range formed, and traded between 0.0110BTC and 0.0120BTC. There was a lot of bearish....
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 failed to move lower and continued to trade higher. Our anticipated Double Top pattern resistance was broken, cancelling the view of a downside reaction. More gains are likely as long as the price stays above a crucial bullish trend line formed on the hourly chart. Dash price moved above 0.0127BTC, and continued to follow a nice bullish trend with sellers failing time and again to defend the upside. 0.0124BTC as a Buying Area. Dash price silently moved above a critical resistance of 0.0127BTC with the opening bell and cancelled the probability of a downside....
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....