Dash Price Analysis: DASH Seems To Be A Good Choice For Long Term Investment!

DASH is considered as one of the top digital payment currency used on many different e-commerce sites as well. They recently partnered with Aircoins, which is a leading Augmented Reality app. Once the users download the app, they will be privileged to hunt down the DASH currency along with collecting and sending the same worldwide to the other Aircoins users.

Such a partnership might increase the supply of DASH in the real world. So let’s see if at all it has affected the trading value of DASH or not!

Price Analysis of DASH on 16th June 2019:

At 4:22 UTC time, the value of DASH is trading at $156.545 on 16th June 2019. Currently the ranking of the coin is positioned at number 14 with more than 9000% calculated Return on Investment. The market cap of DASH is around 1,390,342,407 USD. The 24-hour volume of DASH comes around 307,610,524 USD. The total and circulating supply of DASH in the market is equal at 8,867,395 DASH.

Dash Price Comparison:

Dash Price Chart - 16 June

Around this time, one month back, 17th May was seen as the lowest with value trading at $129.890. However, in just span of two days, the value saw a rise of 36% when the value was trading at $177.190 on 19th May. Users following DASH from quite some time might be expecting such a movement again. But will that happen again? Not really sure.

Related: Check our Dash Price Forecast

But what we can definitely analyze is that the value today has increased by 20.8% from the lowest and dropped by -11.39% from the highest.

Dash Price Chart - 16 June

Many followers do pop-up this question if DASH can perform on long term investment or not? Well, seeing the trend since the beginning of the year, the value has increased by 99.48% from 1st Jan 2019. That’s what explains the Return of Investment of DASH to be more than 9000%.

Dash Price Prediction and Conclusion:

Speaking of predicting the value of DASH by the end of 2019, it seems that it might cross $250 as well! But well, that’s a prediction: might or might NOT come true! Users can bid on the safer zone with resistance support between $148.334 and $158.242.

In the long term, DASH will help in generating really good figures in your profits. So stick to this profile for some time and the magic will happen gradually!

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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