Dash Heads for Reversal; Next Key Resistance to look for $70?
Dash was priced at $72.997 on October 15, 2019, and the movement was bullish. Despite a few falls, it managed to reach as high as $73.360 on the same day. DASH price started to decline post this rise, and it was being traded at the lowest trading price of $66.789 on October 16, 2019. There was a drop of almost 9% within a day. From the past few days, it looks like Dash coin price has somewhat recovered and will start to rise upwards shortly.
Currently, Dash is indicating an upward movement of 3.48% as compared to yesterday’s price of $67.038. The price of the coin is likely to rise as per the current movement.
You can either purchase new coins or hold some of the old coins to get considerable returns in the near-term. DASH can be traded today within the range of $67 and $70. CMF indicator also reflects that the price may rise further. Over the past 7-days, the coin has shown a lot of uneven movement and has not been able to maintain its consistent performance at any level. It is suggested to trade from the long-term as Dash price may cross its weekly high $73 soon.
Resistance & Support Levels
R1: $70.36, R2: $71.42 and R3: $72.87
S1: $67.85, S2: $66.4 and S3: $65.34