Will DASH Go Dashing Through The Snow This December?

2018年12月1日

Taking into account the Stoch RSI and the previous cycles in this bear market, Dash will most likely begin to establish a new support in the range of $75 to $80 and could potentially make a move up to the descending resistance in the neighborhood of $115.

In the event that there is enough power to break out of the trend, the next move up could see the price returning to the $150 support. Traders looking to accumulate for the long-term or make a short-term swing trade should set limits in the $70 to $80 range.

Continuing dumps in Bitcoin (BTC) could potentially have a negative effect on Dash, however. Considering the two previous 50 percent step-downs, it would not be surprising to see Dash fall to the $35 to $50 range in the event of a further prolonged bear market.




Read the full analysis @ BeInCrypto: beincrypto.com/will-dash-go-dashing-through-the-snow-this-december/