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DASH price analysis: stoop by 0.7%

Dash Feature Image

Dash price since the last update, over the previous twenty-four hours, has lost 0.7 percent of its gains to drop to 65.64 USD. 

Dash has presented neutrally over the past twenty-four hours in terms of the price trend. Yet, in the time-frame, as mentioned earlier, it has indicated three significant variations in value. The next resistance will probably be at $69.33.

1-Day Dash Price Analysis (DASH/USD)

dash price analysis chart 1

Dash Price Chart by Trading View

The initial disparity occurred over the opening 9 hours and 15 minutes, and during these hours, it attained a 1.51 percent move to reach $69.59, its highest for the day. From this point onwards, it indicated instability and reached $65.64 by 5.67 percent drop at 14:30 GMT. Then, it displayed some indications of intensity and attained the rise of 4.06 percent, scaling the Dash price to about $68.3.

The market capitalization of Dash, nevertheless, has revealed a profit in these past twenty-four hours. Thus, between November 15 and 16, it has grown from $624.49 million to $625.10 million.

The 20-day Exponential Moving Average (EMA) is set at $68.07, and the 50-day Simple Moving Average (SMA) sits at $68.1. The price of Dash closed at $67.8.

The next potential resistances lie at $69.34, $70.45, and $71.42. Similarly, the next potential support levels are set to be $67.25, $66.29, and $65.17.

Featured Image by Flickr and Featured Icon by Freepik

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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