Dash (DASH) Price Action Has Extended Its Upside Move

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DASH has made it to the second spot on the daily crypto movers’ list as its price moves 1.13% up today. Furthermore, based on the technical indicators, it appears that more moves are on the way. So, let’s zoom in for a better view.

Dash Analysis Data:
DASH value now: $68.95
DASH market cap: $765,518,004
Dash moving supply: 11,120,725
Dash Total Supply: 11,142,393
DASH Coinmarketcap ranking: #63

Major Price Levels:
Top: $68.95, $70.50, $72.00
Base: $67.00, $65.25 $64.00

Dash (DASH) Price Action Has Extended Its Upside Move, as Another Session Begins in the Green

Dash Price Action Eyes the $70 Mark

Dash price movement has sustained its bullish characteristics for a significant length of time. Even now, this market is prepared to continue on its upside path. Price activity broke through what appears to be a rising wedge on the daily DASH/USD market, which reveals how strong the bulls are in this market. Additionally, the latest price candle is placed even high above the 9-day Moving Average curve. Also, both the RSI and the MACD indicators continue to show how strong buyers are in this market. The lines of these two indicators can be seen to keep rising upward, with the faster RSI line now near level 60 of the indicator. Consequently, this reveals that this market has an upside focus.

Dash (DASH) Price Action Has Extended Its Upside Move, as Another Session Begins in the Green

Tailwind Continues to Push Dash Price Action Upwards

The DASH/USD price action on the 4-hour chart is continuing to rise. Green price candles could be seen pushing the upper limit of the Bollinger Band upwards. Meanwhile, the MACD indicator continues to rise above the equilibrium point, revealing that the upside momentum is increasing. Also, the RSI indicator lines maintain their upward bearing, however, the leading line of this indicator is bent sideways. Nevertheless, the majority of signs emanating from technical indicators align with the opinion that the price of this crypto may rise further, towards the $72 mark.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.