📊 Analysis of coin $DASH on the daily chart
Hey folks, $DASH is currently at $36.23 with a slight dip of -1.71%, after bouncing back from its low of $29.45 and trying to hold at the current level 👀. In positive news: privacy coins have risen overall by 4.5%, led by Zcash and Monero.
Indicators:
The price is above MA(99) and close to MA(7) and MA(25) — which means short-term momentum is starting to improve, with the MACD positive at +0.33, and the RSI(24) at 47, indicating a healthy neutral zone 🧠.
Suggested entry: $35.98 — $36.23
🎯 Target 1: $40.43
🎯 Target 2: $44.39
🎯 Target 3: $47.45
🔴 Stop loss: below $29.45
About the coin 🔒
Dash is a digital currency focused on fast payments and privacy, launched in 2014 as a fork of Bitcoin. Its name is short for “Digital Cash,” and it emphasizes the speed of instant transactions and a degree of privacy compared to traditional currencies.
⚠️ The privacy sector is generally on the rise — a positive overall indicator, but trade responsibly and we must stick to the stop loss. 🛡️
#DASH #Privacy
Hey folks, $DASH is currently at $36.23 with a slight dip of -1.71%, after bouncing back from its low of $29.45 and trying to hold at the current level 👀. In positive news: privacy coins have risen overall by 4.5%, led by Zcash and Monero.
Indicators:
The price is above MA(99) and close to MA(7) and MA(25) — which means short-term momentum is starting to improve, with the MACD positive at +0.33, and the RSI(24) at 47, indicating a healthy neutral zone 🧠.
Suggested entry: $35.98 — $36.23
🎯 Target 1: $40.43
🎯 Target 2: $44.39
🎯 Target 3: $47.45
🔴 Stop loss: below $29.45
About the coin 🔒
Dash is a digital currency focused on fast payments and privacy, launched in 2014 as a fork of Bitcoin. Its name is short for “Digital Cash,” and it emphasizes the speed of instant transactions and a degree of privacy compared to traditional currencies.
⚠️ The privacy sector is generally on the rise — a positive overall indicator, but trade responsibly and we must stick to the stop loss. 🛡️
#DASH #Privacy