• Nevertheless, the bulls made an upward move to the $160 price level and were resisted.
• On the upside, if the bulls break the $160 price level, the coin will reach the previous high of $170 price level.

DASH/USD Medium-term Trend: Ranging

• Resistance Levels: $160, $170, $180
• Support levels: $150, $140, $ 130

Yesterday, June 17, the price of DASH was in a bullish trend zone. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that DASH price is likely to rise to retest the $180 overhead resistance. Since June 10, the crypto’s price has been making an upward move. On January 10, the bulls made an upward move to $152 price level but retraced to the support of the EMAs. On January 13, the bulls made an upward move to $157 price level but retraced to the support of the EMAs.

Nevertheless, the bulls made an upward move to the $160 price level and were resisted. The price fell to the support of the EMAs. Today, the DASH price is falling after testing the $160 price level. Meanwhile, the market is at the overbought territory of the daily stochastic indicator but below 80% range. This means that price is in a bearish momentum and a sell signal.

DASH/USD Short-term Trend: Ranging

On the 1-hour chart, the DASH price is in a sideways trend. The DASH price is trading below the $160 overhead resistance. Each time the bulls tested the resistance zone, the price would fall to the support of the EMAs or below the EMAs. The 12-day EMA and the 26-day EMA are sloping horizontally.

On the upside, if the bulls break the $160 price level, the coin will reach the previous high of $170 price level. Nevertheless, the DASH market has reached the oversold region but above the 20% range of the daily stochastic indicator. This indicates that the DASH price is in a bullish momentum and a buy signal.

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