Breaking News
Investing Pro 0
New Year’s SALE: Up to 40% OFF InvestingPro+ CLAIM OFFER

DASH Bears Tire as Bull’s Jack Up Prices by 20.11% on Last Day

Cryptocurrency Nov 23, 2022 08:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
DASH Bears Tire as Bull’s Jack Up Prices by 20.11% on Last Day
 
DASH/USD
+6.70%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DASH/USD
+1.36%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

  • Dash (DASH) has increased by 20.11% in the last 24 hours.
  • DASH prices are expected to rise further, according to technical indicators.
  • The bears are tiring as the bulls manage to raise DASH prices.

Dash (DASH) has elevated by 20.11% in the last 24 hours, attaining $41.86. On the upside, DASH found support at $34.35 and encountered resistance at its intraday high of $43.57.

The market capitalization of DASH has increased by 21.94% to $462,926,146, and its 24-hour trading volume has increased by 121.14% to $119,984,305, both of which point to the continuation of this bullish trend.

DASH/USD 24-hour price chart (source: CoinMarketCap)

Bullish momentum is forecast to continue in the DASH market, with the Keltner Channel bands progressing upward, with the upper band touching 40.99 and the lower band touching 35.83. Moreover, market price fluctuations above the Keltner bands reflect that bull hegemony will progress.

The Technical Rating indicator indicates that buyer pressure in the TRX market is increasing, noting a long position order since a “strong buy” signal with a reading of 0.45 appears on the 2-hour price chart.

With a reading of 46.0633, the True Strength Index (TSI) rises above the signal line, implying that bullish dominance in the DASH market will continue if bulls hold the resistance level.

DASH/USD 2-hour price chart (source: CoinMarketCap)

A stochastic RSI reading of 81.30 indicates that the market is overbought, alerting investors to the possibility of a near-term turnaround. However, this is only a warning to traders and not a guarantee of price reversion.

With a reading of 119.3674, the Know Sure Thing Indicator is popping up in the positive region and above the signal line, inferring that bull control persistence is anticipated.

DASH/USD 2-hour chart (source: CoinMarketCap)

Per the technical indicators, the bulls will continue to dominate the DASH market.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk, Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss

The post DASH Bears Tire as Bull’s Jack Up Prices by 20.11% on Last Day appeared first on Coin Edition.

See original on CoinEdition

DASH Bears Tire as Bull’s Jack Up Prices by 20.11% on Last Day
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email