Price Analysis

Dash Witnesses a 7.4% Price Correction; Resistance Awaits at $66.4

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  • Dash loses 7.4% in the last 24 hours to touch 62 USD.
  • It may find the next resistance at 66.4 USD.

Dash has followed the market trend and lost 7.40% in the last 24 hours. The three major price variations have pushed the value to 62 USD from 67 USD. The market cap of DASH has also witnessed a slump in these hours.

Dash Price Analysis

Dash opened the day trading at 67.28 USD, and over the next 13 hours and 23 minutes, it was down to 62.12 USD after a 7.66% fall.  This was followed by another decline in the value by 2.42%, and it cost DASH 1.51 USD and pushed it to 60.62 USD, marking the lowest value for the day. The last swing happened between 16:02 UTC and 01:10 UTC, and this swing of 3.87% scaled the value of DASH to 62.97 USD.

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Like the value against USD, Dash has also taken a hit on the market cap front. Between October 23 and 24, the market cap has reached to 569.74 million USD from 575.67 million USD.

DASH Price
DASH Chart By TradingView

Dash’s current trading price is at 62.3 USD, and its 20-day moving average stands at 69.29. The current trend is 10.08% less than the 20 days average. The 50-day average is going consistently above both the lines. Dash’s next resistance may come at 66.4 USD.

Dash (DASH) Resistance and Support Levels
1st Resistance $66.4
2nd Resistance $69.61
3rd Resistance $71.5
1st Support Level $61.3
2nd Support Level $59.41
3rd Support Level $56.2

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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