Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Dash is down -3.91% today against the US Dollar
- DASH/BTC decreased by -2.06% today
- DASH/ETH decreased by -2.10% today
- Dash is currently trading 8.02% below our prediction on Aug 06, 2023
- Dash dropped -13.71% in the last month and is down -35.60% since 1 year ago
| Dash price | $ 32.80 |
| Dash prediction | $ 35.66 (8.59%) |
| Sentiment | Bearish |
| Fear & Greed index | 53 (Neutral) |
| Key support levels | $ 33.42, $ 33.11, $ 32.65 |
| Key resistance levels | $ 34.20, $ 34.66, $ 34.97 |
DASH price is expected to rise by 8.59% in the next 5 days according to our Dash price prediction
Dash price today is trading at $ 32.80 after losing -3.91% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.36% in the same time period. DASH performed poorly against BTC today and recorded a -2.06% loss against the world’s largest cryptocurrency.
According to our Dash price prediction, DASH is expected to reach a price of $ 35.66 by Aug 06, 2023. This would represent a 8.59% price increase for DASH in the next 5 days.
DASH Price Prediction Chart
Buy/Sell Dash
What has been going on with Dash in the last 30 days
Dash has been displaying a negative trend recently, as the coin lost -13.71% in the last 30-days. The medium-term trend for Dash has been bearish, with DASH dropping by -31.58% in the last 3 months. The long-term picture for Dash has been negative, as DASH is currently displaying a -35.60% 1-year price change. On this day last year, DASH was trading at $ 50.93.
Dash reached its all-time high price on Dec 21, 2017, when the price of DASH peaked at $ 1,726.83. The current DASH cycle high is $ 39.26, while the cycle low is at $ 26.26. DASH has been displaying low volatility recently – the 1-month volatility of the coin is at 4.38. Dash recorded 13 green days in the last 30 days.
Dash technical analysis for today – Aug 01, 2023
The sentiment in the Dash markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 33.42, $ 33.11 and $ 32.65, while $ 34.20, $ 34.66 and $ 34.97 are the key resistance levels.
Bearish sentiment for Dash
1 indicators are currently signaling a bullish prediction for Dash, while 28 indicators are showing a bearish forecast. With 97% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Dash.
Crypto market is currently experiencing Neutral
Currently, the Fear & Greed index is at 53 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Dash moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Dash is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 34.27 (SELL) | $ 33.74 (SELL) | – | – |
| MA5 | $ 34.22 (SELL) | $ 34.01 (SELL) | – | – |
| MA10 | $ 33.80 (SELL) | $ 33.94 (SELL) | – | – |
| MA21 | $ 33.59 (SELL) | $ 33.85 (SELL) | $ 43.72 (SELL) | $ 40.45 (SELL) |
| MA50 | $ 33.66 (SELL) | $ 35.04 (SELL) | $ 45.97 (SELL) | $ 51.24 (SELL) |
| MA100 | $ 38.68 (SELL) | $ 38.79 (SELL) | $ 81.56 (SELL) | $ 72.61 (SELL) |
| MA200 | $ 48.92 (SELL) | $ 44.00 (SELL) | $ 101.06 (SELL) | $ 98.37 (SELL) |
| Period | Value | Action |
| RSI (14) | 47.49 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 70.15 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 8.92 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.53 | NEUTRAL |
| Momentum (10) | 1.41 | NEUTRAL |
| MACD (12, 26) | 0.24 | NEUTRAL |
| Williams Percent Range (14) | -29.85 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 63.89 | NEUTRAL |
| VWMA (10) | 33.77 | BUY |
| Hull Moving Average (9) | 34.65 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 34.20 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Dash is at 47.49, suggesting that DASH is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Dash over the last 50 days. Currently, Dash is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the DASH closing price for the last 200 days. DASH is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Dash prediction
After considering the above factors, we can conclude that the current forecast for Dash price prediction is Bearish. DASH would have to increase by 8.59% to hit our $ 35.66 target within the next five days. Moving forward, it will be important to monitor the DASH market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Dash price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/30880/dash-prediction-august-01-2023/