Dash News

Dash (DASH) Manages to Stay Above $62 Price Mark

The crypto market reflects bearish influence from a couple of days. Alongside its peers, Dash coin is reflecting a massive plunge on the intraday chart. On March 20, the coin was spotted marking a high $76, and today it is around $63. The traders of the coin are recommended to keep calm for a while.

Dash price was spotted as high as $73.02 and as low as $63.47 on yesterday. Today, the currency marked downward momentum most of the time, and hence it could bear the loss.

Dash Price Analysis

Dash News
DASH/USD Chart By TradingView

If we look at the price trend of the last 7 days, the currency has started with moderate momentum around $43 on March 17. Then, from the next day, DASH initiated price recovery and registered stable upside momentum. Yesterday, the currency started dealing at $71.12 during 00:02 UTC, and within the next couple of hours, reflecting a moderate hike. At 05:42 UTC, Dash price was spotted at $73.43, but then, it began downside correction, and in the next 5 hours, the price counters touched $70.04 by 4.49% fall.

Later, the price plunged to $66.22 by 5.45%, but soon, it reflected a sharp upward move and touched $70.26 at 14:00 UTC. However, in the next 6 hours, Dash price dribbled to $62.43. After this, the coin started trading in a similar range with moderate volatility. First, the coin price improved to $66.35 at 21:52 UTC, and then, the closing hours again brought the pullback pressure. The currency closed the day at $61.29. The intraday movement in the DASH price reflected 13.78% regression.

Today, the coin started with an upsurge. The price counters moved from $61.29 to $63.94 by 4.32% hike. Later, the currency plunged to $61.70 at 02:41 UTC but again jumped to $64.31. The current price of the coin is spotted slipping to the immediate support level at $60.53. In the impending hours, the same would be violated. The next support level at $57.22 seems to be breached in the upcoming days.

Lili Chuang

Lili Chuang is a finance professional with an experience of over a decade in news writing. Recently, she has joined the CoinNewSpan team as a sub-editor. She is a firm believer of blockchain technology and cryptocurrencies. She curates contents regarding the latest insights into the crypto-market. In her free time, she loves to explore new places and connect with influential people of crypto space.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button