Dash (DASH) Price Corrects Down to $82 Yet Appears Bullish

Dash (DASH) News

Dash price movement reflected a huge improvement since the beginning of April month. During the 30-days run, the currency has registered a new 30-days high. The upcoming period for the coin will keep this upside momentum intact. The traders eyeing for the substantial improvement might not have to wait for a long time.

Dash Price Analysis

Dash (DASH) Price News
DASH/USD Chart By TradingView

Dash coin was trading at $68.65 on March 26 with moderate volatile movement. On the next day, the price spiked to $70, but later, it dropped to $62.5 by 14.61% decline. Then, the currency held its ground above $60 and traded moderately till the end of March. However, it initiates the ongoing month on a positive note. The currency reflected upside momentum and managed to touch $72.5 on April 02. Later, the coin faced rejection, and the price dropped to $67.5 and continued to trade around the level till April 06.

Further, the DASH currency marked immense growth as it touched $85 on April 09. The same was marked as a 30-days high price. Later, the coin faced a steep fall, and the price dropped to $70 by 17.08% decline. Over the next 2 days, the coin registered a gradual hike and touched $78.71, but later, it dropped to $70.30 by a steep fall of 10.69%. Over the next three days, Dash’s price kept floating around $72.

On April 16, the currency dropped below $70 and touched $67.5, but again it escalated and crossed $80 price mark. After this hike, DASH continued to trade upwards, and on April 19, it reached $82.29, and then, it faced rejection. The price corrected down to $73.15, but again it gathered momentum and touched $86.44. However, at the time of writing this analysis, Dash coin marked a moderate price pullback and touched $82.29.

Despite the slight drop, the currency holds bullish influence, and in the upcoming hours, it might reflect recovery. The moving averages viz., SMA 50 & 200 are at $81.82 and $79.42, respectively. The RSI of Dash is at 60, which indicates the possibility of improvement in the impending hours.