Dash price rallied recently and broke the $73.00 and $80.00 resistance levels against the US Dollar. DASH/USD is placed nicely in an uptrend and it could retest $90.00 or even $95.00.
Key Talking Points
- Dash price started a nasty upward move after it broke the $74.00 resistance (data feed by Kraken) against the US Dollar.
- There was a break above a consolidation pattern with resistance at $74.00 on the 4-hour chart of DASH/USD.
- The price is now placed well above the $80.00 level, with chances of more gains towards $88.00-90.00.
DASH Price Chart Analysis
Recently, there was a solid support base formed near the $65.00 level in DASH price against the US Dollar. Buyers gained control and they were able to push the price above the $70.00 and $75.00 resistance levels.
Looking at the chart, DASH price started a convincing uptrend above the $75.00 resistance and the 100 simple moving average (4-hours). During the climb, there was break above a major bearish trend line at $67.80 and the…
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