Dash’s Struggle Continues; Dropped by 7.43%

Dash (DASH) has proved to be one of the few coins to have immense selling pressure. Over the last 24 hours, it has been down by 7.43%, and the value against USD has gone as low as 55 USD. The three price variations have been in the range between 60.14 USD and 53.13 USD.

DASH Price Analysis

Dash started the day at 60.14 USD, and in the initial 10 hours and 37 minutes, it lost 8.29% value to touch 55.15 USD. This freefall was followed by another slump that cost 7.48% and pushed the Dash price to 53.13 USD, the lowest for the day. At 14:09 UTC, Dash coin started strengthening and added 3.27 USD to touch 56.40 USD by 23:44 UTC.

Dash (DASH)
Dash Chart By TradingView

Dash’s market cap on November 22 was 509.133 million USD, and it has been increased to 512.142 million USD in the last 24 hours. It should be noted that the volatility in the market cap was also huge for the last few days.

The 20 days MA of DASH stands at 55.27 USD, and it’s 50 days average is at 55.32 USD. The current value is at 55.67 USD, which is 0.72% and 0.63% more than the 20 days and 50 days moving averages, respectively. Dash coin is likely to lose more value in the coming few days. The next halt may come as a support at 53.04 USD. Check our Dash coin prediction to know about the future’s possible prices of the coin.

Resistance and Support Levels

R1- $59.56333, R2- $63.58666, R3- $66.08333

S1- $53.04333, S2- $50.54666, S3- $46.52333

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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