Price Analysis

Dash Gathers Momentum & Crosses $80 Mark After Recent Plunge

eToro

After hitting $80 mark for multiple times in the last 7 days, Dash coin seems to have put a strong foot. Over the last seven days, it has been up by a whopping 18.75% and moved from $68 to $80.

Dash Price Analysis

Over the last 30 days, DASH coin has made a journey from $63 to $80. There have been a few points where the market took some abrupt changes. However, the overall movement has been satisfactory. It has been struggling to cross $80 for long and finally touched this point.

eToro Crypto
Dash (DASH) Price News
DASH/USD Chart By TradingView

On April 16, Dash price spotted at $68.18, and by April 19, it touched the highest point of the week at $83.73 by a huge hike of 22.8%. However, from this high, it faced downside correction, and hence, the price fell to $73.03 by 12.76% decline. After hitting this low, it reflected a sharp bullish move and gained 12.12% value and reached $81.88 as of today. However, at the time of writing, the currency marked a marginal drop and spotted at $80.97.

The RSI of DASH is at 42, and it is tilted downwards. As per the current price movement, the coin might face a moderate fall, but it holds strong support around $76, and hence, it will manage to stay above that point. On the upside, the currency might test the next resistance around $83.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Related Articles

Back to top button