DASH Price Breaks Bullish Structure, Targeting $143
- Bullish Structure Confirmation: DASH price has successfully retested a key falling wedge breakout on the daily chart, currently trading at $42.19, up 1.58% over the past 24 hours, with analysts believing this structure supports further upward movement targeting between $58 and $143.
- Technical Analysis Outlook: Analysts note that DASH price continues to hold above the breakout zone, indicating that buyers still control short-term market direction, and if the price remains stable in this area, the next upward leg is expected to develop.
- Dash Evolution Upgrade: The launch of Dash Evolution marks the largest update since 2019, introducing smart contracts and Inter-Blockchain Communication (IBC) support, significantly enhancing the blockchain's functionality and improving user experience.
- Privacy Asset Trading Facilitation: Swapter.io confirmed direct trading pairs for DASH against XMR, BTC, and USDT without requiring customer accounts, further facilitating the trading of privacy-focused digital assets, and the combination of improved technical structure and network utility has bolstered bullish sentiment around DASH.
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Technical Analysis for DASH
Technical Sentiment Analysis for Dash (DASH). As of , Dash (DASH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DASH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DASH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dash (DASH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 23.579 | 31.71 | 38.159 | 46.29 | 52.739 | 60.87 | 67.319 |
| Fibonacci | 31.71 | 37.279 | 40.72 | 46.29 | 51.859 | 55.3 | 60.87 |
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