Price Analysis

Dash Price Analysis: After Bearish Trend, Dash Price On Intraday Recovery

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Dash is the biggest gainer in the single digit category amongst the top twenty currencies. The coin started with a bearish trend today, but now on the track of subsequent recovery.

Holding on its 14th position tight, the coin is dealing with 8,854,097 DASH circulating supply. The market capitalization of Dash stands at USD 1,317,378,710. The marketers believe that Dash is taking some time, but it will some recover its intraday and ever the last price drop on the cryptocurrency market.

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Let’s have a look at the chart for price analysis.

Current Statistics of Dash:

Dash Price Chart - 8 June

Summary of Statistics:

  • As on 8th June 2019, at 08:59 UTC, the price of Dash is USD 148.610.
  • The coin is at 0.01862004 BTC.
  • The ROI of Dash is > 9000%.
  • The all-time high of USD 1642.22 was attained on Dec 20, 2017.
  • In the last 24hr, the coin touched a high of USD 152.62 and a low of USD 142.72.

Dash Price Chart - 8 June

As per the charts are taken for Trading View on 8th June 2019 at 08:22 UTC, the coin is presently under price pressure, but it will soon come out of the same. If we compare the chart from the beginning of the year, the price of Dash was around $80, and now it is dealing at $148. The growth in price is marked around 2x. Dash was moving steadily in the upward direction till April 2019. The price of Dash experienced a stoop but soon recovered and touched a high of $173.7. After the same, the price came under selling pressure and soon dropped. Later, Dash fell prey to the price drop.

Talking about yesterday’s movement of Dash, the prices opened around $144.6 and escalated till $152.9.Today, the market opened at $149.5 and suffering from price drop since then. The price of Dash fell till $146.6, reflecting a regression of 1.9%.

Dash Price Prediction and Conclusion:

As discussed above, the price of Dash already touched $173.7. It is believed that soon Dash prices will rise to cross the said price. By the end of 2019, Dash may touch $190. Hence, the short term investors have a good shot with Dash.

For the long term investors, the investment time seems to be good. We would still recommend the investors to diverge the investment to deteriorate the risk.

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.

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