The price of Dash has no time to recover in the current bear onslaught in the crypto market. The price has been continually low since July when the bears had raided the crypto market. The past one-day chart shows Dash price below the baseline at the start of the day, but then they made a slow recovery but needs to be seen whether Dash can sustain the upward momentum. The price has been moving in the range of $84 – $94 over the past one day.
DASH to USD Price Comparison:
Dash price over the past over day on September 13, 2019, has had a lot of variations. From a low of $84.4972 at 05:26 UTC, the price went up to $94.3277 to the extent of 11.83% at 13:43 UTC. The price again fell at 20:13 UTC to the extent of 4.14% to $90.2571. However, at 23:44 UTC, the price of Dash was at $92.9238, the rise is to the tune of 2.73%. The current day’s price is at $91.0086 which is lower by 2.06%. The trend indicates that though Dash price has been trying hard to make a recovery, the bears are still controlling the price and pushing it further down.
The year had begun on a low note for Dash, but then the price picked up momentum and peaked once on April 01 at $113. After April, it was a downslide phase with intermittent bull phases with the price again peaking on June 26 at $184. But the bears had set their foot in the crypto market by then and the downward motion had begun for Dash which has been continuing till date. Analysts expect this short-term trend to pass and the price of the coin to recover again by the year-end.
Investors should not lose hope and consider this a good time to invest from a long-term perspective. Short-term may not gain much from this current situation.