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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