Dash crypto began the year with a positive movement. The currency struggled by the end of the first week to keep up, but soon it recovered. The upsurge was quite impressive as the coin was seen touching $140 in 15 days as it was at $41 on January 01, 2020.
Recently, the coin is again facing pullback pressure. The same has brought the Dash price to $97. We are anticipating that the improvement would soon embark. It would help the traders from recovering from previous losses.
Dash Price Analysis
Yesterday, Dash coin started dealing at $107. In the next 2 hours, the price dropped to $103 by 4%. And then, the coin kept a tight hold for almost 5 hours around $103. Later, the DASH price dribbled to $101 by 3.49% at 10:50 UTC. The coin locked again at $100 for some time. Further, the price slipped to $98 by 2.38%. The closing hours brought the price to $102. The intraday movement reflected a 4.98% decline in the price.
Today, Dash coin started the day at $102. The price dropped to $96.49 in the next 2 hours. The price locked at $97 for a while. Recently, Dash’s price dropped to $93 by 4.38% and recover slightly to $95.56.
As per the MACD chart, the MACD line has crossed the signal line; thus, there might be an improvement in the DASH price.
The price has violated the immediate support at $98. The next support $93.58 might get violated in the coming hours. However, if the momentum improves then the coin might rise above the immediate support level.