THELOGICALINDIAN - Dash amount DigitalCash is accumulation losses adjoin the US Dollar and Bitcoin and now DASHUSD has to bright 200 for added upsides
Dash Price Resistance
In the aftermost analysis, we saw a accessory decline in Dash amount appear the $180 akin adjoin the US Dollar. The amount was able to abide aloft the $180 abutment and started accumulation in a range. It is affective to and fro about the 23.6% Fib retracement akin of the aftermost abatement from the $219 aerial to $182 low. However, there are abounding resistances like $198 and $200 on the upside cat-and-mouse to stop gains.
There is a aloft bearish trend band basic with attrition at $198-199 on the alternate blueprint of DASH/USD. It is cat-and-mouse forth with the 100 alternate simple affective boilerplate beneath $200 to act as a aloft hurdle. Moreover, the 50% Fib retracement akin of the aftermost abatement from the $219 aerial to $182 low is at $200. So, we can say there is a aloft barrier for buyers basic abreast $200. A breach and abutting aloft $200 is bare for more gains in the abreast term.
On the downside, the $180 akin may abide to accommodate support. Only a abutting beneath $180 could abate hopes of assets and ability aftereffect in declines appear the $168-165 abutment zone.
Hourly MACD – The MACD for DASH/USD is about collapsed suggesting consolidation.
Hourly RSI – The RSI for DASH/USD is currently aloof beneath the 50 level, and charcoal directionless.
Intraday Support Level – $180
Intraday Resistance Level – $200
Charts from Poloniex; hosted by Trading View
