In what can be termed as delightful news, Salamantex, an Austrian payment service provider, and TEN31, a fintech arm of WEG Bank (Germany), agreed to accept crypto payment in Germany. In a recent statement, the duo agreed to co-operate with the retailers interested in a cryptocurrency payment solution. It is expected that the testing will start by the end of this month. Dash will be one of the payment options for both of the vendors.
Dash Price Analysis:
On September 07, Dash was trading around 84.782 USD. However, today after 25-days, the coin has declined by a margin of 18.27%. Nevertheless, in the weekly chart, the coin has shown a marginal hike of 2.27% from the level of 67.687 USD on September 27. Yesterday, the coin declined by a margin of 0.77% after opening at 71.06 USD, it finally closed the intraday trading at 70.51 USD.
Following the market trend, Dash is making some flattish action. However, the coin is expected to trade around 150 USD by the end of the year. For now, the immediate resistance is at 71.85 USD and the support is at 68.04 USD.
With the leaving of BitPay from the German market, the introduction of two new vendors is good news for the crypto space as well as the community. Meanwhile, it is advisable to hold DASH chips for huge returns in the long term.