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DASH Price Analysis: Holders will get reward after the bear market passes 

  • The token had a 24 hours trading volume of 436,979,224 and was low by 10.28%
  • The token has shown a bullish engulfing pattern in the last 24 hours.
  • The RSI oscillator shows the SELL action.
Tradingview

The token has been moving with its 50 days moving average as intact but it is well below its 200 days moving average. The chart above shows the movement of SMA-20, SMA-50 and SMA-200. The chart above also shows an RSI oscillator which shows the right time to buy or sell the coin. The RSI for the last 5 hours shows the value of 42.409 and marks the SELL action. MA-5, MA-10 and MA-20 show the SELL action. Even MA-50 and MA-200 show the same SELL action. Bull/Bear power shows the value of -7.5540 and marks the sell action as well. The level of high/low shows the value of -2.6272 and shows the sell action.

The DASH-BTC pair is trailing at 0.003961 and the low by 1.20% was seen whereas the DASH-ETH pair is trailing at 0.05891 and the gain by 1.53% was seen in the last 24 hours. Volume/Market cap of the coin is 0.3273 and its market dominance is 0.12%. The 24 hours high and low for the coin is 139.26 and 129.14 respectively.

The token has been decreasing gradually since May last and the lower lows were formed timely. The trendline marked shows such movement.

SMA-20 has been locked with SMA-50 at present and can shift either way up or down.

Conclusion: The token has the days range of 128.62-139.29 and presently is at 130.38. The token marked the high at 222 in the starting of month June whereas the low was formed on June 22 with the value of 102.007. In the coming time the token is expected to go beyond SMA-50 and at present the time is fine to sell the token if decent returns are attained. Wait for a day or two too long it.

Technical Instruments:

Pivot: 130.46

R-1: 131.96

R-2: 132.88 

S-1: 128.96

S-2: 128.04

(Note: The unit is USD)