Dash (DASHUSD) Price Rises, Retarding the Bearish Moves

Dash (DASHUSD) Price Forecast: November 3

The Dash market price rises today again, retarding the bearish movement. The crypto remains in an uptrend, trading close to the upper resistance area. Amidst the recent crash in the crypto market, the cryptocurrency is still regaining its upward stability. However, the token has the potential to rise further under the current trend. The price may therefore rise beyond the prior $71.90 barrier, indicating strong buyer conviction, if the bulls intensify their purchasing motivations, triggering a surge of interest among investors.

Key Levels:
Resistance Levels: $69.00, $70.00, $71.00
Support Levels:     $20.00, $19.00, $18.00

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

The Dash market is displaying a strong upward trend today. Prices are trading near the upper boundaries, indicating robust bullish momentum.
In the meantime, the bullishness is due to buyers’ strong order flow at the $53.37 high value in the previous trading session.

When writing, the bullish pattern emerged again today, as the DASHUSD price rose to a $63.93 high mark above the moving average on the daily chart, suggesting a robust bullish rally with a notable increase of 19.03%.

Therefore, a daily candle closing and an upward breakout over the $71.90 barrier will enable buyers to push the coin price higher, offering interested traders a great opportunity to enter the market.

Notably, the market is in an uptrend according to the daily signal. Thus, as anticipation builds for the upcoming DASHUSD upgrade, the momentum in value is visibly increasing.

As a result, the next target by the bulls could reach the $72.00 upper resistance level, hinting at a robust upward trajectory.

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

On the 4-hourly chart, the DASHUSD pair is rising against the bearish move in the price flow.
The coin price is progressing above the moving average, indicating that buyers are gaining more strength in the market.

The sustained bullish pressure of $59.00 in the last session has led to the coin’s recent high.

Following the recent correction shortly after today’s medium-term chart opens, the buying team has decided to shift the trend upward.

Today, the Dash market was propelled higher by the bulls until it reached a new high of $63.99 above the EMA-50, suggesting the level and high impact of buy investors on the cryptocurrency market.

The market is reacting to this pattern, and its breakout should provide a good buy entry opportunity for interested traders.

Hence, the investors buying at this supply can expect sustained growth above the $71.90 prior resistance point.

At the time of writing, the DASHUSD price signal is pointing upwards, indicating a bullish move. In this case, the crypto price could surge to the $72.00 upper region in its medium-term outlook.

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