Price Analysis

Dash (DASH) Reflects a Steep Movement Since the Last Week

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Dash started the day with an uptrend. However, it wasn’t heavy, but still, it managed to keep the price above the baseline. Currently, the price of the Dash coin is now slowly moving towards the immediate support level. The coin might book a fall in the second half of the day.

As per yesterday’s statistics, the price was seen touching the high at $72.81 and a low at $71.84. The day brought a slight uptrend in the coin. If we broaden the statistics scale to a week, then Dash reflects a moderate price drop.

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Dash Price Analysis

Dash started the week at $71.736. The price escalated to $76.48 by 6.60% hike and later fell to $71.76 by 6.17% within the day. On October 29, the price jumped to $75.80 from $71.76 by 5.63%. Then, the coin price fell to $72.99 by the end of the day. The next day, on October 30, the Dash price moved to $72.39 by 0.83% regression. The fall continued and took the price down to $71.68 by 0.93%. November opened with a slight recovery. The price moved to $72.24 by 0.79%. Yesterday, there was a slight uptrend that helps the coin to trade in a similar range. The coin is giving a mixed indication for the intraday traders. There is a possibility that Dash might fall slightly down by the end of the day.

Dash to USD Price Chart
Dash Price Chart by TradingView

As we can observe from the above chart, the last couple of days are taking the price slightly up. There are speculations that the ongoing month would help the coin to recover from the previous losses. The current price of Dash is at $72.432, which looks tilted towards the immediate support level around $71.

Resistance Level Price
R1 $72.89
R2 $73.34
R3 $73.86
Support Level Price
S1 $71.92
S2 $71.4
S3 $70.95

Dash is expected to bring good results in the coming days. The traders interested in the currency should pick long-term investments. The same would bring the desired results.

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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