The Dash price almost reached the bearish zone. The cryptocurrency has displayed an average show in the past few days. What will be the next price target for DASH?
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Dash Price Analysis- $138 Reached!
Dash reached $138 and then started a correction. With the rebound on the horizontal resistance, the 0.382 Fib level could not serve as a support. Instead, the dash price immediately moved to the golden ratio, which is around $ 80 but Dash price only found horizontal support between $ 37- $55 again.
Dash price analysis – at the golden ratio!
As per the 1-day chart, the golden crossover of the EMAs is still intact. The dash price can now make its way to the 0.382 Fib level at $110, with the 50-day EMA acting as resistance early on around the $ 100 mark. The RSI has almost reached the oversold regions, which in principle speaks for a small upward movement.
Dash Price Analysis- Death Cross!
In the 4H chart, the RSI has already reached very oversold regions. However, the EMAs placed a death cross. Dash price can continue to correct it. If it does, support could break at $ 65. If it breaks, Dash will only find support between $ 37 and $ 55 again.
In the event of a sustained upward movement, Dash finds three resistances that reflect the bullish price targets:
- ± $ 100
- ± $ 110
- ± $ 140
DASH Price Analysis: The Summary
The summary for DASH/USD which includes moving averages, oscillators and pivots is displaying the selling zone. There are 33% IN holders who are making money at the current price while 61% are OUT holders. The signals are mostly bearish and the net network growth is showing a 0.89% signal value.
The DASH price is right now variable. It is a never-ending battle between Bullish and Bearish but the general trend is bearish right now and most investors are looking forward to it.