Dash News

Dash (DASH) Drops Below the 52-week Low

Dash cryptocurrency is largely affected by the price crash. The currency has breached the 52-week low and created a new at $44.01. The current price crash has taken the currency to a lower level, which wasn’t expected by the traders.

As per yesterday’s price movement, Dash price was spotted dealing as high as $51.08 and as low as $46.07. The volume marked by the coin on yesterday was $255,386,554. The condition hasn’t improved since yesterday. The downside movement is still intact.

Dash Price Analysis

Dash NewsYesterday, Dash coin started dealing at $50.80. The currency dropped to $49.91 by 1.75%. The coin remained intact at the same level for some time and later dropped to $48.83 from $50.37 by 3.05%. The DASH coin again locked itself, and this time at $48.83. The price slipped to $45.31 from $48.83 by 4.35%. There was a slight improvement in the price that took it to $46.53 by 2.60%. The closing hour again brought the DASH price to $45.93 by 1.30%. The intraday movement in the coin brought 9.53% regression in the price. Today, Dash coin began the day with a bearish trend. The price slipped to $44.01 from $45.93 by 4.75%.

Dash Price Prediction

As per the current price trend, Dash has already breached the immediate support level at $44.36. The currency is speculated to violate the next level at $42.85. It won’t be a surprise if Dash crosses the major support level at $39.62.

Resistance Level Price
R1 $49.64
R2 $52.87
R3 $54.65
Support Level Price
S1 $44.36
S2 $42.85
S3 $39.62

The traders are usually recommended to opt for the long-term investment, but as per the current scenario, the traders are suggested to hold for some time.

Paul Jolin

Paul Jolin is an economist having experience in financial research. He joined CoinNewsSpan in 2017 and since then has been working with the team to offer best price analysis and review stories on the crypto space. He is optimistic about blockchain technology's use cases in terms of financial freedom. He also has experience as an independent trader.

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