DASH-6h. Breakdown $119 and test $138.
Updated
DASH's consolidation is coming to an end. The wide consolidation range of $87-119, in which the DASH price is traded from November 24, begins to narrow.
The buyers' attack began on December 24. The previous local growth wave is now being corrected. Sellers are testing the $95-97 range on small volumes. this range constantly slowed down the price, but did not reverse it.
The fact that sellers can not break this range down indicates the possible completion of consolidation and a breakdown of $119. However, this is a short-term idea and for a start we expect a test of the upper limit of consolidation.
The alternative scenario will take effect if the price remains below $95. Then Sellers will continue to press on the price with the purpose of $87.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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The buyers' attack began on December 24. The previous local growth wave is now being corrected. Sellers are testing the $95-97 range on small volumes. this range constantly slowed down the price, but did not reverse it.
The fact that sellers can not break this range down indicates the possible completion of consolidation and a breakdown of $119. However, this is a short-term idea and for a start we expect a test of the upper limit of consolidation.
The alternative scenario will take effect if the price remains below $95. Then Sellers will continue to press on the price with the purpose of $87.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Note
1JAN2021 Crypto exchange Bittrex announced that it will delist privacy coins Monero (XMR), ZCash and Dash on Friday, January 15, at 23:00 UTC.the value of all coins plummeted
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