Dash/USD Price Analysis Sept. 24, 2018

[Nikko]

Dash has earned a place in our analysis as it has climbed to the tenth spot and has been maintaining the price for the past few days.

The DASH/USD pair bottomed out at $130.024 on August 14. Thereafter, it rallied to $224.830 on September 1, a gain of about 73 percent. Currently, the 20-day EMA is providing support, below which a fall to the 50-day SMA is probable.

We anticipate a consolidation between $130.024 and $224.830 over the next few days. The virtual currency will start a new trend if the bulls scale and sustain above $225. Until then, we suggest traders remain on the sidelines.

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[sirty143]

Currently, Dash (DASH) is trading at $192.09 with DASH price up by 4.74% at the time of writing. The market capitalization of Dash is $1,602,440,727 billion with 8,342,086 million DASH coins in circulation. The 24-hour price movement chart indicates that $173,908,631 million worth of DASH were trading. The price peaked at $192.08 in the last 24 hours while the lowest price was $181.88. Source: https://coinmarketcap.com/currencies/dash/

[Crypto]

Dash has been holding the 50-day SMA for the past three days but is struggling to sustain above the 20-day EMA. It has formed a symmetrical triangle, a break out of which can push the price above the overhead resistance of $224.830.

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