Dash / BitcoinLong
DASH turning green after steady increase in mainstream adoption.
DASH BTC has been on a downtrend for a while and went further down after being delisted on several major exchanges due to being a privacy coin.
However, DASH has found large mainstream adoption in several countries such as Venezuela with a large number of merchants and even ATMs.
The hash rate of DASH has been climbing at an accelerated rate and is at all-time highs.
The hash rate is a good indicator of mainstream interest
bitinfocharts.com/comparison/dash-hashrate.html
The average transaction value is also going down steadily which shows that more of the general public is using this platform compared to before.
bitinfocharts.com/comparison/transactionvalue-dash.html
From the price action point of view, the weekly MACD has just turned bullish and RSI has entered oversold territory.
The price has found support on a historical resistance. It could go a bit further down by around 20% to the next support but is poised to go much higher in the coming weeks.
*Not financial advice. Probabilities not certainties. Please do your own research.
However, DASH has found large mainstream adoption in several countries such as Venezuela with a large number of merchants and even ATMs.
The hash rate of DASH has been climbing at an accelerated rate and is at all-time highs.
The hash rate is a good indicator of mainstream interest
bitinfocharts.com/comparison/dash-hashrate.html
The average transaction value is also going down steadily which shows that more of the general public is using this platform compared to before.
bitinfocharts.com/comparison/transactionvalue-dash.html
From the price action point of view, the weekly MACD has just turned bullish and RSI has entered oversold territory.
The price has found support on a historical resistance. It could go a bit further down by around 20% to the next support but is poised to go much higher in the coming weeks.
*Not financial advice. Probabilities not certainties. Please do your own research.
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