THELOGICALINDIAN - Dash amount DigitalCash faced sellers already afresh adjoin the US Dollar and Bitcoin DASHUSD confused bottomward acutely and aloof managed to authority the 150 support
Dash Price Major Support Zone
In the aftermost analysis, I accent two things for Dash amount adjoin the US Dollar. First, a above abortion to breach the $200 resistance, and the additional was a crucial abutment breadth abreast $155-150. The amount traded college appear $190-195, but bootless to breach the declared levels. It seems like the $190-200 attrition area is axis out to be a cogent barrier for buyers.
The amount confused bottomward sharply, and traded beneath the $170 abutment and the 100 alternate simple affective average. The downside move was striking, but the amount aloof managed to abide aloft the $150 support. There is a bright important abutment breadth at $150 and a above bullish trend band with abutment at $155 basic on the alternate blueprint of DASH/USD. The amount is just holding the $150 abutment and recovering.
On the upside, the 100 alternate simple affective boilerplate is cat-and-mouse abreast $172 to act as a resistance. Moreover, the 50% Fib retracement akin of the aftermost abatement from the $195 aerial to $140 low at $171 is additionally a above hurdle. Overall, the amount may recover, but acceptable to face sellers abreast $170-175.
Hourly MACD – The MACD for DASH/USD is attempting to move aback in the bullish zone.
Hourly RSI – The RSI for DASH/USD is convalescent from the oversold readings.
Intraday Support Level – $150
Intraday Resistance Level – $170
Charts from Poloniex; hosted by Trading View
