Exactly a month ago, we published a global DASH idea, where we showed two important targets: Buyers managed to pass the mark of $330. However, the buyers did not have enough strength to keep the local range of $257-267. Thus, the DASHUSDT price has reached the critical support zone of $210-230.
At the moment, the DASH price is moving in a clear growth channel and is preparing for a new local impulse. The first target for this coin is at $267. The ultimate goal is $290.
If buyers fail to hold the mark of $195, the DASH market will continue to fall with great force with the first local target of $165.
Considering the situation on the BTC market, we do not exclude this scenario:
The DASHBTC chart adds a relative positive on the DASH market: As you can see, the DASHBTC price has come to an important level and is now consolidating in the liquid zone. While we will not announce a change in the trend, however, a price rollback within the falling channel is quite possible. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.