Dash (DASHUSD) Price Exhibits an Essential Growth

Dash (DASHUSD) Price Forecast: November 8

Today, the Dash market exhibits an essential growth as the price continues to gain traction towards the upper range with high volume from bulls at $117.66. Therefore, if more strength is added to the buying demand, the post-retest rebound may surpass the prior supply of $120.00 and swing towards the $150.00 upper resistance level, demonstrating remarkable resilience amid an ascending bullish pattern.

Key Levels:
Resistance Levels: $115.00, $116.00, $117.00
Support Levels:    $41.00, $40.00, $39.00

DASH (USD) Long-term Trend: Bullish (Daily Chart)

In its long-term perspective, the Dash market value exhibits important growth, remaining steady above supply levels. The coin’s positive momentum is confirmed by its prices being above the moving average line.
The coin price has shown an increase above the resistance level in its most recent high due to investors’ persistent climb to the $108.00 level during the previous session.

At the time of writing, the DASHUSD bulls exhibit an essential growth to a $117.66 high point above the EMA-50 as the daily session opens today, confirming the bulls’ dominance in the market.

The coin price is edging closer to the overhead; therefore, sustainability above the $150.16 prior high level would render any intended bearish move invalid.

Additionally, as the price of DASHUSD remains in an uptrend on the daily signal, it may continue to rise.

Hence, if the bulls could push harder, the coin price could reach the $150.16 upper resistance zone, as the token price exhibits essential growth in its higher time frame.

DASH (USD) Medium-term Trend: Bullish (4H Chart)

The coin displays a bullish posture, exhibiting essential growth in its medium-term outlook due to the high inflow from long-term traders.
The high bullish momentum at the $109.83 supply value in the previous action has enabled the crypto price to exhibit essential growth above the supply trend levels in its recent high.

The market price of Dash increases to the $117.66 resistance value above the EMA-50 as the 4-hourly chart opens today, creating an opportunity zone for coin buyers.

Meanwhile, the token is likely to continue moving upwards as we are seeing a strong turnout of buyers.

Hence, from a technical standpoint, the DASHUSD market could continue to exhibit essential growth, and this might lead the coin price to $150.00 upper resistance level in its medium-term outlook.

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