THELOGICALINDIAN - Dash amount remained wellsupported this accomplished anniversary adjoin the US Dollar After a dip appear 80 DASHUSD is now aback in the bullish zone
Dash Price Support
In the aftermost analysis, I mentioned that Dash amount may anon breach the $100 handle already again. It not alone bankrupt the declared level, but additionally managed to bright the aftermost aerial of $102.35. It created a new aerial aloft $110 and traded as aerial as $118.16. The best important point is the actuality that the amount remained accurate aloft $80. There was a move appear the 38.2% Fib retracement akin of the aftermost beachcomber from the $48 low to $102.35 aerial area it begin support.
Moreover, I accent a bullish trend band in the aftermost assay on the 4-hours blueprint of DASH/USD (data augment from Poloniex) with abutment at $90. It affectionate of played well, and helped the amount abide aloft $80. It is currently complete with abutment at $95. If the amount dips from the accepted levels, again the trend band abutment ability comedy able-bodied aloft $90. It additionally coincides with the 38.2% Fib retracement akin of the aftermost beachcomber from the $65 low to $118.16 high.
So, if the amount moves down, it ability acquisition abutment abreast $95 and $90. On the upside, there is a resistance trend band abreast $120. It may stop the accepted upside for now afore buyers footfall up the momentum.
4-hours MACD – The MACD for DASH/USD is currently collapsed with no above direction.
4-hours RSI – The RSI for DASH/USD is able-bodied aloft the 50 level, which is a absolute sign.
Intraday Support Level – $90
Intraday Resistance Level – $120
Charts from Poloniex; hosted by Trading View
