THELOGICALINDIAN - Dash amount DigitalCash has started a alteration adjoin the US Dollar and Bitcoin and now DASHUSD has to achieve aloft 150 for added gains
Dash Price Resistance
Recently, we saw abundant declines in Dash amount beneath $140 adjoin the US Dollar, as it followed cryptos like BTC and ETH. The amount traded as low as $120.04, which acted as a able abutment for Dash and a accretion was initiated. The amount recovered able-bodied and managed to move aloft the 23.6% Fib retracement akin of the aftermost abatement from the $180.00 aerial to $120.04 low.
The best important move was a breach aloft a key bearish trend band with attrition at $134 on the alternate blueprint of DASH/USD. The amount followed an ascendance approach with accepted abutment at $146 on the aforementioned chart. On the upside, the amount is adverse a major hurdle abreast $150.00. It was a abutment earlier, and now endlessly assets forth with the 50% Fib retracement akin of the aftermost abatement from the $180.00 aerial to $120.04 low. Moreover, the 100 alternate simple affective boilerplate is additionally positioned about $148-150.
All in all, it has appear bottomward to a abutting aloft $150.00 in Dash. If buyers accomplish in demography the amount aloft $150.00 with an alternate close, there can be added assets in the abbreviate term.
Hourly MACD – The MACD for DASH/USD is currently in the bullish zone.
Hourly RSI – The RSI for DASH/USD is now aloft the 50 level, and positioned well.
Intraday Support Level – $140
Intraday Resistance Level – $150
Charts from Poloniex; hosted by Trading View
