Dash
DASH/USDT Nearing a Key Supply Zone with Potential for Action? 💎 Attention, Paradisers! We're zoning in on #DASHUSDT as it edges closer to a pivotal supply zone, hinting at possible market dynamics.
💎 On its journey, NASDAQ:DASH has been navigating a descending channel but is now aiming for the supply level at $30.82. The anticipation builds if it breaches the $30.82 mark and manages to maintain momentum above this zone, transforming supply into demand. Such a development holds a strong potential for a bullish trend, provided the price meets these conditions.
💎 For the savvy traders among us, should the climb falter, be on the lookout for a bullish comeback from the demand level at $28.57. A dip below this level might signal a shift towards bearish trends.
💎 Maintain adaptable strategies and remain vigilant, Paradisers. We're all in this together, prepared to navigate the market's fluctuations.🌴💰
DASH is a blockchain that cannon be stopped. Go Dash Bullrun!Dash has grown by 87% in 3 months - this is the first impulse, now the correction of the first wave, there are five of them (Elliott waves) before a deep correction. An asset with a 10-year history with ATH $1,608. When the news comes out it's too late, follow if you agree. The chart shows an example of the Elliott wave of the previous Dash Bullrun
Digibyte: The True Gem of Decentralized CryptoUnveiling Digibyte: The Decentralized Powerhouse of Crypto
In the dynamic world of cryptocurrencies, where innovation and decentralization are prized, Digibyte stands out as a beacon of true decentralization and utility. Established in 2013 by Jared Tate, Digibyte has weathered the storms of the crypto market, emerging as a robust and resilient digital currency.
Decentralization at its Core
At the heart of Digibyte lies its commitment to decentralization. Unlike many cryptocurrencies that claim decentralization but often fall short due to centralizing forces, Digibyte boasts a truly decentralized network. With five mining algorithms employed to secure its blockchain, Digibyte ensures a more equitable distribution of mining power, thwarting the dominance of any single entity. This multi-algorithm approach enhances security and resilience, making the network less susceptible to 51% attacks.
A Rich History and Low Fees
Having been in existence for nearly a decade, Digibyte has proven its longevity and stability in the volatile crypto landscape. One of its standout features is its UTXO (Unspent Transaction Output) model, which enables fast and low-cost transactions. With fees remaining minimal, Digibyte facilitates efficient peer-to-peer transactions, making it an attractive option for both everyday users and businesses alike.
The True Value of Proof of Work (PoW) and Real Use Cases
In an ecosystem often dominated by speculative fervor, Digibyte shines as a cryptocurrency grounded in real-world use cases. Its Proof of Work (PoW) consensus mechanism not only ensures network security but also incentivizes active participation from miners, further bolstering decentralization. Moreover, Digibyte's emphasis on real-world utility, with applications ranging from secure payments to decentralized applications (dApps), underscores its potential for long-term viability.
Charting New Horizons: The Bullish Prospects
Despite facing resistance at the 0.018 level, Digibyte's price trajectory suggests the formation of a potential bull pennant. As the coin consolidates sideways, investors keenly observe the uptrend channel, anticipating a breakout above historical resistance. Should the pennant indeed break upwards, signaling a major bullish run, Digibyte could see significant price appreciation. However, prudent investors may consider potential pullbacks within the old range for strategic re-entry points.
Constant Development and Community Engagement
One of the hallmarks of Digibyte's success lies in its vibrant community and dedicated development team. Active on platforms like Twitter, Digibyte developers consistently engage with the community, providing updates on ongoing developments and fostering a collaborative environment. This commitment to transparency and innovation bodes well for Digibyte's continued growth and adoption.
Conclusion: Digibyte - A Hidden Gem in the Crypto Universe
As the crypto landscape evolves, discerning investors seek assets that embody the principles of decentralization, utility, and long-term value. Digibyte, with its robust decentralized network, low fees, and real-world use cases, epitomizes the essence of a true cryptocurrency gem. While navigating market fluctuations, Digibyte stands poised to carve its niche as a reliable and resilient digital asset, offering investors a compelling addition to their portfolios.
DASH/USD Secondary trend. Downward wedge. Breakout.Logarithm. Secondary trend. Three days time frame. Downward wedge. Maximum $480. Breakout zone. Everything is very accurate.
Plan A . This is what the trend and the reversal zone look like on the line chart of the price. With percentages to key resistance levels for orientation.
Plan B . You should also understand that if the price doesn't break through this resistance zone or doesn't consolidate above it (general situation in the market). Then a pullback occurs and a sideways movement with significant percentage steps in the range of the indicated level zones is formed.
The main trend. Time frame 1 month.
DASH/USD Main trend.
🚧DASHUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:DASHUSDT
✅Today, I want to analyze DASH for you in a Weekly time frame so that we can have a MID-term view of DASH regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️Price finally breaking out from long-term descending channel👀
The trend is turning bullish🚀
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dash - Prepare for a massive breakoutHello Traders,
at this time I am focusing on dash .
This is a project that has been around since 2014 with continuous updates and to date is completely undervalued. From the chart we see a return of interest and technically it can get to 300 USD on a short cycle.
Dash has private transactions and instant transactions.
Charaterized by :
○ Strong community
○ Low marketcap 374,96 K
○ 11.69 M current circulation supply
○ All time high 1,600k USD
DoorDash Faces Profitability Pressure Amid Rising Labor CostsThe delivery giant DoorDash ( NASDAQ:DASH ) has found itself navigating turbulent waters as it grapples with the aftermath of increased labor costs and regulatory challenges. Despite a surge in delivery orders, the company's profit outlook for Q1 falls short of Wall Street expectations, leading to a notable drop in its shares.
Rising Labor Costs and Regulatory Hurdles:
DoorDash's ( NASDAQ:DASH ) recent decision to raise minimum pay for its delivery workers, in compliance with new regulations, has resulted in higher labor costs. This move, while essential for ensuring fair compensation for gig workers, has put a dent in the company's profitability metrics for the first quarter. Chief Financial Officer Ravi Inukonda acknowledged these challenges, noting that DoorDash ( NASDAQ:DASH ) is absorbing some of the regulatory costs in Q1, with expectations of a gradual decrease over time. However, the immediate impact on profitability cannot be overlooked, as evidenced by the company's revised outlook.
Expansion and Marketing Initiatives:
To offset the impact of rising costs and maintain its competitive edge, DoorDash ( NASDAQ:DASH ) has been aggressively expanding its services beyond traditional restaurant delivery. The company's foray into grocery, convenience, and alcohol delivery reflects a strategic pivot aimed at capturing a broader market share. However, this expansion comes at a significant cost, as evidenced by the 9.3% increase in total costs and expenses in the fourth quarter. Moreover, DoorDash's ( NASDAQ:DASH ) heavy investment in marketing further underscores its commitment to attracting and retaining customers amidst intensifying competition in the delivery space.
Market Response and Comparison with Competitors:
The market response to DoorDash's ( NASDAQ:DASH ) Q1 outlook has been palpable, with shares falling over 8% in extended trading. Analysts have noted that expectations may have been inflated, particularly in light of rival Uber's recent earnings report. While Uber's delivery segment witnessed a modest 6% revenue growth, its announcement of a $7 billion share buyback sent its stock soaring to a record high. In response, DoorDash ( NASDAQ:DASH ) has also announced plans for a share buyback of up to $1.1 billion this year, signaling confidence in its long-term prospects despite short-term challenges.
Outlook and Growth Projections:
Despite the near-term profitability concerns, DoorDash ( NASDAQ:DASH ) remains optimistic about its future trajectory. The company reported a significant increase in total orders and revenue for the December quarter, indicating robust demand for its services. Moreover, DoorDash ( NASDAQ:DASH ) expects gross order value (GOV) to reach between $74 billion and $78 billion in 2024, representing substantial growth potential compared to $66.8 billion in 2023. These projections underscore DoorDash's ( NASDAQ:DASH ) confidence in its ability to capitalize on evolving consumer preferences and market dynamics.
Conclusion:
DoorDash's ( NASDAQ:DASH ) journey towards sustained profitability is fraught with challenges, including rising labor costs and heightened competition. However, the company's strategic initiatives aimed at diversification and expansion position it well for long-term success. As it navigates through the complexities of the delivery landscape, DoorDash ( NASDAQ:DASH ) remains steadfast in its commitment to delivering value to customers, investors, and stakeholders alike.
DASHUSDT most likely is going to continue to go upDASHUSDT most likely is going to continue to go up. There are 2 resistances in front of the price which I mentioned below.
🔵Entry Zone 28.96 - 28.21
🔴SL 26.78
🟢TP1 32.12
🟢TP2 34.59
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UBER rising after VWAP bounce LONGUBER on a 30 minute time frame chart crossed over an anchored VWAP about January 25 and
topped January 30th then retested the slowly rising mean anchored VWAP in a double bottom
fashion on the following day. The relative strength indicator is in the 65-75 range and the zero
lag MACD cycling mostly above the horizontal zero level. I see UBER as suitably setup for
a swing trade long when it is near to the bottom of the support trendline in the ascending
megaphone pattern.
DASH Multi-Cycle Bottom RamblingsI think DASHUSD has found bottom and is about to embark on its next impulsive wave. Wave 3 is exactly 161.80% of wave 1, which is an amazing confluence!
Wave 2 retraced to .618 (nice) but the next wave correct to 0.5-0.55 (with manip/fakeout)
The multi-year downturn has formed a bullish wedge (RSI wedging too which is nice)
Up & Onward
I do think the price will lag some vs RSI. So keep an eye out on a bullish RSI reading over the next couple of months and then followed by some positive PA.
Cheers!
"Harnessing Future Wealth: Zcash and Dash"The Undervalued Gems: Zcash and Dash Coins Beckon as Prime Long-Term Investments
In the ever-evolving landscape of cryptocurrencies, where volatility often reigns supreme, two digital assets have been quietly building momentum amidst the tumultuous waves of the market: Zcash (ZEC) and Dash (DASH). Despite their innovative features and robust fundamentals, both Zcash and Dash find themselves at historically low prices, presenting an enticing opportunity for investors seeking long-term value.
Zcash: Shielded Transactions for Enhanced Privacy
Zcash, launched in 2016, stands out for its emphasis on privacy and anonymity. Powered by cutting-edge cryptographic techniques such as zk-SNARKs, Zcash allows users to conduct shielded transactions, wherein the sender, recipient, and transaction amount are encrypted. This unique feature provides unparalleled privacy, making Zcash a preferred choice for users who prioritize confidentiality in their financial transactions.
Despite its groundbreaking technology, Zcash has often flown under the radar compared to its more mainstream counterparts. However, recent developments have reignited interest in this privacy-centric cryptocurrency. The upcoming implementation of the Halo Arc protocol promises to enhance scalability and efficiency, positioning Zcash for broader adoption and utility.
Moreover, with increasing regulatory scrutiny surrounding privacy coins, Zcash's compliance-focused approach, including its ability to facilitate transparent transactions, distinguishes it as a responsible player in the cryptocurrency space. As regulatory clarity improves, Zcash could see renewed attention from both individual and institutional investors, driving its price upward.
Dash: Pioneering Decentralized Governance and Instant Transactions
Dash, initially released in 2014 as XCoin and later rebranded, has carved a niche for itself as a pioneer in decentralized governance and user-friendly features. One of its standout offerings is the Masternode network, which enables advanced functionalities such as InstantSend for rapid transactions and PrivateSend for enhanced privacy.
The governance model, facilitated by Masternodes, allows Dash holders to participate in decision-making processes regarding network upgrades and allocation of funds from the treasury. This decentralized approach to governance fosters community involvement and ensures that the network evolves in a dynamic and responsive manner.
Despite its robust infrastructure and active development, Dash has faced its share of challenges, including fluctuations in market sentiment and competition from newer projects. However, recent initiatives aimed at enhancing user experience and expanding Dash's utility, such as partnerships with payment processors and integration into decentralized finance (DeFi) ecosystems, bode well for its long-term growth prospects.
The Case for Long-Term Investment
While both Zcash and Dash have encountered obstacles on their respective journeys, their underlying technologies, dedicated communities, and commitment to innovation position them as formidable contenders in the cryptocurrency landscape. The current undervaluation of these assets presents a compelling opportunity for investors looking to build a strategic long-term position.
Investing in Zcash and Dash at their current low prices allows investors to capitalize on potential future appreciation as market dynamics evolve and adoption increases. Additionally, the inherent utility of these cryptocurrencies, whether it be Zcash's privacy features or Dash's user-friendly functionalities, underscores their relevance and longevity in an increasingly digitized world.
As with any investment, thorough research and prudent risk management are essential. However, for those willing to embrace the inherent volatility of the cryptocurrency market and take a long-term perspective, Zcash and Dash represent compelling opportunities to participate in the ongoing evolution of decentralized finance and digital payments.
In conclusion, Zcash and Dash, with their innovative technologies and strong fundamentals, stand out as undervalued gems in the cryptocurrency space. For investors with a strategic outlook and a tolerance for volatility, establishing a long-term position in these assets could prove to be a prudent decision as they continue to chart their path towards broader adoption and recognition.
Disclaimer: The information provided in this article is for educational and informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks, and investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
DASH IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DASH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
X Coin or DASH ($DASH)
Dash coin, a pioneer in the cryptocurrency realm, stands as a testament to resilience and innovation. Its enduring history is a source of inspiration, showcasing that even in the dynamic landscape of digital assets, steadfast determination can lead to triumphs. Embrace the spirit of Dash's journey, and let it fuel your motivation to navigate the challenges and triumph in your own endeavors.
Now or Never
#DASH ⚡ Ready for melting the World 🌍 .
DASH Long at Key Support LevelDASH had recently experienced a pull back that brought it back from its key support level that was manufactured on the 9th of November 2022.
We are taking this long with leverage as it is well defined with a clear exit strategy at or below a key level of significance.
The asset is showing bullish convergence as none of the oscillators suggest buyer exhaustion.
DASH/USDT - Dash: TD Sequential◳◱ On the $DASH/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests momentum building up for a significant move. Traders might observe resistance around 36.84 | 41.97 | 50.17 and support near 28.64 | 25.57 | 17.37. Entering trades at 29.44 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Dash
▣ Rank: 168
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Dash is a fork of Bitcoin that focuses on the payments use case. It has introduced a number of features to the industry including masternodes, LLMQs, ChainLocks, and InstantSend, which target scalability, speed, reliability, cost-effectiveness, and user experience. The Dash network is also the longest-running decentralized autonomous organization, utilizing on-chain governance to allocate network resources toward projects and organizations that support the network.
◰◲ Technical Metrics :
▣ Mrkt Price: 29.44 ₮
▣ 24HVol: 4,321,670.410 ₮
▣ 24H Chng: 0.65%
▣ 7-Days Chng: -10.91%
▣ 1-Month Chng: -8.13%
▣ 3-Months Chng: 9.58%
◲◰ Pivot Points - Levels :
◥ Resistance: 36.84 | 41.97 | 50.17
◢ Support: 28.64 | 25.57 | 17.37
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -0.79
▣ Last 90D: 0.85
▣ Last 1-Y: -0.24
▣ Last 3-Y: 0.18
◲◰ Volatility :
▣ Last 30D: 0.82
▣ Last 90D: 0.63
▣ Last 1-Y: 0.70
▣ Last 3-Y: 1.07
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth DASHUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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