THELOGICALINDIAN - Dash amount DigitalCash has managed to accretion absorption adjoin the US Dollar and now DASHUSD is wellsupported aloft the 70 level
Dash Price Rise
There was a continuous decline in Dash price, as it traded appear $60 adjoin the US Dollar afore award support. The amount traded as low as $60.20 area it begin abutment and started recovering. The upside move was decent, as the amount was able to bright the $70 resistance. There was additionally a move aloft the 1.236 addendum of the aftermost abatement from the $71 aerial to $60.20 low. It opened the doors for added gains, and the amount confused aloft $72 and $75.
The upside move was such that the amount traded as aerial as $80.66 area it faced attrition and confused down. It traded appear the 23.6% Fib retracement akin of the aftermost beachcomber from the $60.20 low to $80.66 aerial area it begin support. There is additionally a nice ascendance approach arrangement with abutment at $76 formed on the alternate blueprint of DASH/USD. It is acting as a support forth with the 100 alternate simple affective boilerplate at $75.
So, as continued as the amount charcoal central the accent approach with abutment aloft $72, there can be added gains. On the upside, the $80 akin charcoal a above attrition for added assets in the abreast term.
Hourly MACD – The MACD for DASH/USD is currently in the bullish zone.
Hourly RSI – The RSI for DASH/USD is able-bodied aloft the 50 level.
Intraday Support Level – $72
Intraday Resistance Level – $80
Charts from Poloniex; hosted by Trading View
