THELOGICALINDIAN - Dash amount DigitalCash traded mostly in a ambit adjoin the US Dollar but it looks like DASHUSD is now attractive to breach 79 for added gains
Dash Price Resistance
There were no aloft moves in Dash amount adjoin the US Dollar during the accomplished two days, but it backward aloft $72. There was a acceptable abutment apparent at $75, which captivated the downside move, and pushed the amount higher. The amount traded beneath the 38.2% Fib retracement akin of the aftermost beachcomber from the $70 low to $80.80 high. However, the downsides were bound beneath $75.
The amount at the moment is trading absolutely aloft $75. It looks like there is a acute ambit arrangement formed with abutment at $76 on the alternate blueprint of DASH/USD. On the downside, the 50% Fib retracement akin of the aftermost beachcomber from the $70 low to $80.80 aerial additionally acting as a support. Moreover, there is a solid bullish trend band with abutment at $76 formed on the aforementioned chart.
The best important abutment is about the 100 alternate simple affective boilerplate at $76.5. So, we can say that the amount charcoal accurate on the downside aloft $76 and $77. As continued as the amount is aloft these levels, there is a adventitious of it breaking the ambit attrition at $79 for added gains.
Hourly MACD – The MACD for DASH/USD is mostly collapsed with no above blemish sign.
Hourly RSI – The RSI for DASH/USD is currently able-bodied aloft the 50 level.
Intraday Support Level – $76
Intraday Resistance Level – $79
Charts from Poloniex; hosted by Trading View
