DASH/USD Recovers Above $44 Level

The Dash price prediction begins a decent recovery wave above $43 as the coin approaches a major hurdle near $45.

Dash Prediction Statistics Data:

• Dash price now – $43.88
• Dash market cap – $485.1 million
• Dash circulating supply – 11 million
• Dash total supply – 11 billion
• Dash Coinmarketcap ranking – #67

DASH/USD Market

Key Levels:

Resistance levels: $55, $60, $65

Support levels: $35, $30, $25

DASH/USD is in the hands of the bulls as the coin crosses above the 9-day moving average. However, due to a lack of buying power, the bulls may need to gather enough energy to push the coin toward the upper boundary of the channel. The technical indicator Relative Strength Index (14) is crossing above the 50-level with the signal line pointing to the east, suggesting sideways movement.

Dash Price Prediction: Dash May Spike to the Upside

Looking at the daily chart, the Dash price is ready to break into the upside as the 9-day MA could move to cross above the 21-day MA. However, the more the bulls pressurized the bears, the higher the coin would reach. Therefore, if the bulls maintain the upward trend, DASH/USD may continue with the bullish movement which could take the coin to the resistance levels of $55, $60, and $65.

Looking at it perversely, any strong selling pressure within the market could drag the price to the downside, and should BTC trade below the daily opening price of $43.27, a bearish movement could take the price to the support levels at $35, $30, and $25.

Against Bitcoin, the Dash price is within the 9-day and 21-day moving averages as the bulls increase their entries within the market. At the time of writing, the Dash price has not been able to push the price above the 21-day moving average as it is currently trading at 2605 SAT. If the Dash continues to signal a bullish rally, it could meet the resistance level of 3000 SAT and above.

Looking at the daily chart, traders can see that the market may maintain the bullish movement as the technical indicator Relative Strength Index (14) crosses above the 50-level. Meanwhile, any bearish movement towards the downside could hit the support at 2300 SAT and below.

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