Dash is an old cryptocurrency that belongs to the gem generation and recently provided a hardfork on June 17. The coin's fall in value is worth nothing, which dropped from $74.4 to $25, representing a significant 66% decrease. Typically, high drops within this range often act as a pause before the next wave of potential coin gains.
I have identified certain areas in the price trend that could indicate potential liquidity points. These areas are important to keep an eye on as they may influence future price movement. It would be beneficial to closely monitor the chart and make use of a bot to make fast deals.
More than that, look at the top wallets of DASH, they are still accumulating coins.
In my view, I advise you to always keep in mind the three essential factors: Implement a stop-loss strategy for your trades to manage risk effectively.
Pay attention to the chart structure, taking note of both Higher highs and lower lows. Always keep in mind trends.
Stay informed about the news, particularly regarding Bitcoin's behavior, as it can significantly impact the overall market.
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