Dash News

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

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.

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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