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  • On the downside, if the bearish trend continues, the price will depreciate to the low at $110.
  • On the upside, if the bulls break above the EMAs and the price is sustained above it, the crypto’s price will rise.

DASH/USD Medium-term Trend: Bearish

  • Resistance Levels: $140, $150, $160
  • Support levels: $13, $125, $ 120

Yesterday, April 15, the price of DASH was in a bearish trend. The crypto’s price has continued to fall after the resistance at the $140 price level. The crypto’s price had earlier fallen to a low at $118.90 and commenced a bullish movement. Yesterday, the bulls broke above the EMAs and reached a high at $124 but were resisted. The price of DASH fell again to the bearish zone to a low at $116.44 price level.

The crypto’s price is below the EMAs which indicate that price is likely to fall. On the downside, if the bearish trend continues, the price will depreciate to the low at $110. On the upside, if the bulls break above the EMAs and the price is sustained above it, the crypto’s price will rise. The Stochastic indicator is in the oversold region but  above the 20% range. This indicates that the price is in a bullish momentum and a buy signal.

DASH/USD Short-term Trend: Bearish

On the 1-hour chart, the DASH price is in a bearish trend. The 12-day EMA and the 26-day EMA are trending southward indicating that price is in the bearish trend zone. The price fell to a low at $116.20 and it is now in a bullish trend.

The bulls were resisted at the 12-day EMA as the crypto’s price makes another attempt. The DASH price is currently trading at $118.34 as at the time of writing. The Stochastic indicator is at the oversold region but above the 40% range. This indicates that price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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