DASH Price Prediction Today: Daily (DASH) Value Forecast – July 16
- The DASH coin had been facing a downward correction after the resistance at the $180 price level.
- The DASH price approaches the low at $110 price level.
DASH/USD Medium-term Trend: Bullish
- Resistance Levels: $160, $170, $180
- Support levels: $110, $100, $ 120
Yesterday, July 15, the price of DASH was in a bearish trend zone as the coin approached the low of $110. The DASH coin had been facing a downward correction after the resistance at the $180 price level. On June 26, the bulls were resisted as the price fell to the support level at $150. After a range-bound move above the support level, the crypto’s price was resisted at the $160 price level as the bears made a final push to the lower price range.
A trend line has been drawn to determine the duration of the bearish trend. A bearish trend is ongoing if the trend line is unbroken. A bearish trend is said to be terminated if price breaks the trend line and another candlestick closes on the opposite of it. Meanwhile, the DASH market is at the oversold territory of the daily stochastic but below the 20% range. This means that price is in a bearish momentum and a sell 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 sloping southward. The crypto’s price is below the EMAs and sloping southwardly Nevertheless, the DASH market has reached the oversold region but below the 20% range of the daily stochastic indicator. This indicates that the DASH price is in a bearish momentum and a sell signal.
Live Dash (DASH) Price:
1 DASH/USD =$126.9502 change ~ 7.98%
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