Navigating DASH: Key Support at $23.8 and Bull Market ProjectionIn this detailed analysis of DASHUSD, we identify key support levels and potential gains for the upcoming bull run. Currently, DASHUSD has a strong support at $23.8. If this support holds, we can expect a significant upward movement. However, if the $23.8 support level breaks, the next strong support lies at $21.5, from where a bounce is highly anticipated, especially with the bull run approaching.
The bull run in Q4 2024 is expected to bring considerable volatility, similar to previous bull runs. It is crucial to note that we should aim to exit the market around Q1 or Q4 2025, as the altcoin season is likely to conclude during this period. Historical data and calculations suggest that the minimum target for DASH in this bull run could reach $118. If DASH flips the $118 resistance by Q3 2025, we could see a maximum target of $135, based on previous bull run patterns observed in December 2017 and April 2021.
It is important to monitor resistance levels and adjust our strategies accordingly. The expected pattern completion and resistance zone breakout could occur post-2030. Therefore, during this bull run, we should aim to exit at resistance points and maintain active trades accordingly. We should exit our long positions by Q1 or Q4 2025 to avoid potential downturns as the market evolves.
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