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IQ_Option
Number of messages : 176
Points : 997
Date of Entry : 2016-03-03
Year : 37
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Dash Weekly Analysis

on Wed Nov 22, 2017 12:23 pm

The past week turned out to be excellent for cryptocurrencies. Not only Bitcoin is soaring like always, but many altcoins are also touching all new highs. Dash is one coin which is soaring since weeks and also touched an all-new high this week. Its market cap is growing exponentially and is about to reach $4 billion. With over 3.95 billion in market cap, Dash also became the fifth largest cryptocurrency suppressing Litecoin.

Key Highlights:

  • DSH/USD touched an all-new high this week and is still soaring above $500
  • Week-on-week the pair gained 23 percent and 12.6 percent in the last 48 hours
  • DSH/BTC pair gained 19 percent and currently trading around 0.062 BTC



In the weekly, DSH/USD pair had sessions of steep upward movement along with some shallow pitfalls on the way. The week started with a stagnant move, but in the midweek, the coin began to gain the upward pace. Within around 36 hours, the coin reached $471 from $411, but resistance pushed the token down. Eventually, the token found support levels between $30 and $40 with checked any further dip in the value.

The earlier also acted as a pivot, but resistance above $450 kept the price below that level for a significant period. Finally, with a buying rage, the pair’s value shoots up to $511 only to fall instantly to $451 again. But then another steep bull took the price of its current trading value around $512.



Considering the daily chart, the pair soared with a rage, but the resistance at the peak also prevented any further growth. A new support at $484 also formed which pushed the value up again, and the pair is again testing the resistance level. Overall the pair gained 9.5 percent in the last 24 hours.

The technical indicators are also signaling a bullish trend. Stoch is moving upward strongly with RSI at 57 percent. So there is not an overbuying situation yet. MACD took a bearish turn because of the daily fall due to the peak resistance, but it is all set to move up with a crossover. 100 SMA is also above 200 SMA.



Against Bitcoin, Dash also had an overall good performance. With several pitfalls on the way, the value went up from 0.052 BTC to 0.062 BTC. This is an appreciation of 19 percent.



Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.


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IQ_Option
Number of messages : 176
Points : 997
Date of Entry : 2016-03-03
Year : 37
http://affiliate.iqoption.com/redir/?aff=27972

Re: Dash Weekly Analysis

on Wed Nov 29, 2017 10:41 am
The cryptocurrency market is booming like anything. Almost all the digital coins are soaring, and Dash is no exception. The coin is on a strong bullish run and also is breaking its previous records. Since early November the market cap of this coin more than doubled and reached above $5 billion. The trading volume also increased, and it recorded almost $184 million in the last 24 hours.

Key Highlights

  • DSH/USD touched an all-time high this week again at $646 but gradually declined since then
  • Week-on-week, the pair gained around 22 percent
  • DSH/BTC pair lost 25 percent week-on-week and is currently trading around 0.06 BTC



In the weekly chart, the had a substantial growth. The weekly trading started with a buying rage, and DSH/USD value jumped from $507 to $571. Above $580, the coin faced resistance, but due to a support level forming at $550, it did not encounter any dip.

In the midweek, with two consecutive leaps, the pair reached $646, an all-time high for the coin. But a strong resistance at the peak forced the coin to take a downturn. Strong support levels also formed between $600 and $610. This support level not checked any price drop but also pushed the token upward.


In the daily chart, the coin was recovered by the support at $600 after a dip. The pair gained around 4 percent on the chart and is now trading around $619.

Due to the resistance level, the technical oscillators are on a bearish run. But because of the recent support at $600, they are taking an upward turn. MACD is moving up after a crossover around the axis. Stoch is also making an upward turn slowly after moving downward for a while. RSI is at 55 percent. Fibonacci retracement is at 38.2 percent.


Instead of the bullish run by the DSH/USD, against Bitcoin Dash declined substantially because of the record-breaking Bitcoin. DSH/BTC pair depreciated around 25 percent over the week as the trading price went down from 0.08 BTC to 0.06 BTC.



Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.


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IQ_Option
Number of messages : 176
Points : 997
Date of Entry : 2016-03-03
Year : 37
http://affiliate.iqoption.com/redir/?aff=27972

Re: Dash Weekly Analysis

on Wed Dec 06, 2017 3:29 pm
DASH is one of the coins which had an exponential rise in the soaring crypto market. The token is now holding a market cap of over $5.7 billion which is more than double as compared to $2 billion in the early November. The trade volume also increased. In the last 24 hours, the coin registered a trading volume of over $221 million.

Key Highlights:

  • DASH/USD touched an all-new high this week at $810
  • The token faced a stiff resistance at $770 most of the week but also had support at $730
  • DASH/BTC pair depreciated 27 percent week-on-week and currently trading at 0.576 BTC



In the weekly chart, the token took a huge leap in the early week as it went from $610 to $731. But it took an instant dive until $634 mark acted as a pivot and pushed it up back again. In around 12 hours, the coin touched $810, an all-time high for it. Resistance at the peak resulted in a fall, but due to high demand, it went up again.

The token faced a stiff resistance above $770 to $790 the entire week. The token breached the first resistance level a couple of times, but the second one checked any further rise and also pushed the value down. The token also found support around $730.


In the daily chart, the support level at $730 could not hold the value, and the price dropped further. The token is currently trading at around $712 with a daily depreciation of 4.5 percent.

The oscillators are running bearish due to the recent drop in the prices. Stoch and RSI are below the overselling mark. This also indicated an exhaustion among the sellers and the price could go up again. MACD is running bearish below the axis. But 100 SMA is still above 200 SMA.


Against Bitcoin, Dash had a gradual decline throughout the week. The pair went down from 0.0793 BTC to 0.0576 BTC. This is a 27 percent depreciation over the week.



Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.


avatar
IQ_Option
Number of messages : 176
Points : 997
Date of Entry : 2016-03-03
Year : 37
http://affiliate.iqoption.com/redir/?aff=27972

Re: Dash Weekly Analysis

on Wed Dec 13, 2017 10:03 am
Dash is a leading gainer in the soaring crypto market. The past week was also very eventful for the coin, and now it is the 7th largest coin in the market regarding market cap and is also holding above $7 billion in market cap. Due to the high volatility, the trading volume skyrocketed in the last 24 hours with nearly $369 million.

Key Highlights:

  • DASH/USD crossed the $900 mark and touched a new all-time high at $925
  • In the daily chart, DASH/USD is soaring and gained over 20 percent
  • DASH/BTC appreciated 44 percent and currently trading around 0.052 BTC



Considering the weekly chart, the token was on a gradual downturn in the early week. DASH/USD pair dipped from $765 to $630 until it found support at the later. The $630 support level also acted as a pivot and initiated an upward movement. But the coin faced a stiff resistance at $741 which pushed the value downward. But the token again found support at $630, and it again acted as a pivot.

Only this time the rise was steep and DASH crossed $900 mark for the first time registering a new high at $925. Though the coin is facing resistance around $900, it is still testing the peak resistance. In the past 24 hours, the token appreciated more than 20 percent with the bullish rise.


Because of the bullish run, the technical indicators are also soaring. MACD is strongly running bullish, and Stoch is wandering around and mostly above the overbuying mark. But because of the peak resistance, Stoch came down from the overbuying zone and is currently at 70 percent. RSI is also at 60 percent after taking a trip beyond the overbuying mark. With a recent crossover, 100 SMA also went above 200 SMA.


Against Bitcoin, DASH gained 44 percent this week as the pair’s value went up from 0.036 BTC to 0.052 BTC.



Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.


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