• Today the bulls have broken the $177 resistance level.
• From the Fibonacci tool, the DASH price is in the 0.236 Fib. retracement level.

DASH/USD Medium-term Trend: Ranging

• Resistance Levels: $160, $170, $180
• Support levels: $172, $168, $ 164

Yesterday, June 24, the price of DASH was in a bullish trend zone. On June 22, the DASH price reached a high of $177 but was resisted. The DASH market was a downward correction to a low at $171 on June 24. At the support level of $171, the bulls made an upward move to retest the $177 resistance level. Today the bulls have broken the $177 resistance level.
From the Fibonacci tool, the DASH price is in the 0.236 Fib. retracement level.

The 0.236 (23.6%) and the 0.382 (38.2 %) are continuation zones for a trending market. However, if the bulls defend the continuation zones, the DASH price will rise. Presently, the crypto is facing resistance at the $180 price level. Meanwhile, the DASH market is at the overbought territory of the daily stochastic indicator but below the 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 12-day EMA and the 26-day EMA are trending horizontally. The crypto’s price is fluctuating below and above the EMAs.
The crypto’s price was trading below $177 resistance level.

Each time the bulls tested the resistance zone, the price would fall to the support of the EMAs or price would fall below the EMAs. Nevertheless, the DASH market has reached the overbought region but below the 80% range of the daily stochastic indicator. This indicates that the DASH price is in a bearish momentum and a sell signal.

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