Price Analysis

Dash (DASH) Price Prediction: Avoid Short Term Investment, Dash Might Give 2X Return by The End of 2019

Dash (DASH) is a sort of hard currency when it comes to crypto coins. A major disadvantage of cryptocurrency is its inability to bridge the gap between the online and offline world. Dash is the foremost contender among the crypto aimed at solving this issue. Based on the Bitcoin and Litecoin code algorithms, Dash (DASH) is an instant and semi-private cryptocurrency. Nevertheless, Dash includes various changes and improvements that have taken it ahead of its predecessors since its debut in 2014. Evan Duffield, the mind behind Dash, created it to address the three major problems that existed in Bitcoin network, including privacy, governance, and transaction speed.

DashWith return on investment of more than 9000%, Dash (DASH) is currently present at 13th position in the crypto chart. Today, on April 30, at UTC 09:29, according to Coinmarketcap, the market capitalization of the ‘cash of digital currency’ was around 954,015,871 USD. Against Bitcoin, it was trading at 0.02081543 BTC per chip with a total of 8,777,278 DASH coins in circulation. If you look at the trading volume of Dash in the last 24-hrs, it was around 251,876,066 USD. On April 5, 25-days back, Dash coins were priced at 132.77 USD, since then the value of the crypto fell sharply, and at present, it is trading at 108.62 USD, with a dip of 18.2%.

Few data regarding the previous performance of Dash in Bollinger Chart:

  • All Time High: 1,642.22 USD (Dec 20, 2017)
  • All Time Low: 213899 USD (Feb 14, 2014)
  • 7 Day High / Low: 54 USD / 106.40 USD
  • 24 Hour High / Low: 36 USD / 107.34 USD
  • Yesterday’s High / Low: 36 USD / 107.34 USD

Yesterday, the crypto opened the day at 110.29 USD. Nevertheless, its value dropped by 2.18 USD (1.98%) in a trading day and ended the day at around 108.11 USD and total market volume of 254,679,199 USD.

Dash (DASH) Future Prediction:

At present, Dash (DASH) is following a bearish trend, and its value has declined by large. However, the future trends seem to be bullish, and for long term investors, it is the right time for buying. Dash has syndicated with various payment platforms, making it one of the most likable cryptos to invest in. Moreover, Dash’s future is bright until the company can tie up with more merchants and keep on extending its ventures. Overall, Dash (DASH) is surely a cryptocurrency worth looking out for at the present levels. As per experts and analysts, Dash (DASH) might be able to climb up to $200 per token by the end of the year.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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