Dash (DASH) Price Predictions: DASH’s 200 USD Target May Face Resistance at 160 USD

eToro

Dash (DASH) is privacy focussed crypto coin which facilitates instant transactions. It was known as Darkcoin previously as it provides a platform to conduct the transactions with complete anonymity. All the transactions on this platform are routed through a privately owned network called DarkSend. This platform never records payments and balances of the users. The Dash owned InstantX technology gives the option to send fund within seconds which cannot be reversed.

Current Statistics-

DashWith above 9000 % of ROI, Dash coin is 14th largest crypto coin in the market. The current market cap stands at 1,167,077,743 USD on 9th April at 04:09 UTC. The value of each coin in terms of USD and BTC stands at 133.52 USD and 0.02550441 BTC respectively. The 24 h volume at the same UTC is 336,157,081 USD. The total coins in circulation as of now is 8,741,142 DASH coins.

eToro Crypto

Comparison-

The start of the year has not been very encouraging for Dash coins. It went really low in the last week of January touching 65 USD per coin. But the last two weeks have pushed the price to a high place. Experts predict that price to reach so high that one can say the Dash coin has finally out of the crypto winter. The market cap of DASH on 9th March was 715,982,045 USD, and the value of each coin in USD was 82.50 USD and 0.02107333 BTC. The current value of each coin is 61.84 % more than the value of last month, and the market cap also has inflated by 63 % in these 30 days. But the real trend can be seen if one observes the price from the starting of February. The value and the market cap of Dash have not been very consistent throughout these 90 days.

Prediction-

The price of each coin has increased beyond the expectations of many. But, it is not limited to this growth only. It is likely to get the momentum again this week. Once it reached 160 USD, the resistance will fall, and investors will have to wait some more time. For long term holders, this year may push the price bar to as high as 400 USD. And this quarter, investors should expect the price to touch somewhere around 200 USD. The current price also makes a good call for a buying position.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button