THELOGICALINDIAN - Dash amount DigitalCash traded with a nice amount activity with a move aloft 70 and now DASHUSD could barter added higher
Dash Price Trend
There were good moves in Dash amount aloft $65 adjoin the US Dollar during the accomplished few sessions. Yesterday’s accent important trend curve breach at $68 angry out to be a bold changer. The amount acquired clip added and managed to move aloft the $72 level. There was a dip earlier, but the aforementioned burst trend curve at $68 acted as a able abutment and buy zone. The amount additionally begin abutment abreast the 23.6% Fib retracement akin of the aftermost beachcomber from the $45 low to $72 high.
There was a nice upside move, as the amount bankrupt the $74 and $76 attrition levels. A new account aerial of $79.06 was formed. Now, there is a nice ascendance approach with abutment at $70 formed on the alternate blueprint of DASH/USD. The approach abutment additionally coincides with the 23.6% Fib retracement akin of the aftermost beachcomber from the $44.80 low to $77 high. So, if the amount dips added from the accepted levels, the $72 and $71 support area ability appear into play.
The amount is now able-bodied aloft the 100 alternate simple affective boilerplate at $66. It is a absolute sign, and advance added gains. On the upside, an antecedent attrition is at $78, followed by $80.
Hourly MACD – The MACD for DASH/USD is affective aback in the bullish zone.
Hourly RSI – The RSI for DASH/USD is in the overbought levels, but with no assurance of a correction.
Intraday Support Level – $71
Intraday Resistance Level – $78
Charts from Poloniex; hosted by Trading View
