Dash (DASHUSDT) Bullish Structure Remains
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Dash (DASHUSDT) Bullish Structure Remains

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Azeez Mustapha

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Dash (DASHUSDT) Price Forecast: January 19

The DASHUSDT Bull Run returns as the coin’s bullish price structure remains above the resistance level, accompanied by an increase in volume and interest among buyers. The funding rate and futures open interest both saw increases of more than 5% as they surged to their current all-time high of $76.75. The coin price has shown a steady ascending trend recently, following a broader market recovery. Therefore, the intensified buying pressure may push the cryptocurrency price to an upper resistance level of $150.16, if it closes above the prior high mark of $133.74, indicating a 10% growth opportunity.

Key Levels:
Resistance Levels: $99.00, $100.00, $101.00
Support Levels:    $35.00, $34.00, $33.00

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

In the long run, the DASHUSDT value shows a remarkable surge and remains bullish as the bulls take the lead.
Dash (DASHUSDT) Bullish Structure Remains The coin price is above the resistance level, confirming an uphill trend due to the high impact of buy investors in the coin market.

The bulls’ pressure at a $74.51 high value in the last session has sustained the price in its bullish trend.

At the time of writing, the Dash price has hit solid resistance around $76.75 above the moving averages, leading to intraday gains, extending the bullish trend for a good entry point for buy investors.

As pointed out, a positive close above the previous peak barrier of $133.14 will signal a sustained upward momentum, offering a vibrant resistance to the crypto price.

Notably, the price indicator is currently heading upward, suggesting a positive trend.

In this instance, as it continues to be bullish in the higher time prediction, the price of DASHUSDT may rise to reach the upper resistance level of $150.16 in the upcoming days.

The price is now at a crucial resistance point at 80.72 and slightly below the most recent high at 96.85, but it is still in a positive trend and holding above the equilibrium level of the most recent swing.

 

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

The DASHUSDT pair is rising against downward forces in its medium term. It could be seen that the price action has continued to advance in the bullish direction towards the upper resistance channel, indicating an uptrend.
Dash (DASHUSDT) Bullish Structure Remains Thus, buyers are gradually and steadily gaining more strength in the market. The sustained bullish pressure at the $76.11 high level in the last session has enhanced the coin price to maintain its bullish trend lately.

Earlier today, after completing the lows at $71.82, the long traders caused a surge in the price of Dash to a high of $76.65 above the EMA-50, creating a strong area of interest for buyers.

Therefore, maintaining above supply levels suggests a high likelihood of a bullish correction.

Thus, a notable breach over the prior peak resistance of $93.36 will strengthen the positive pressure.

Additionally, a further increase is also suggested by the token price heading upward on the daily stochastic.

As a result, buyers may push the DASHUSDT price action to an upper resistance level of $96.66 in the upcoming days.

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