DASH - 6h. Probable growth of 23%

16 mar 2021

Exactly a month ago, we published a global DASH idea, where we showed two important targets:

Buyers managed to pass the mark of $330. However, the buyers did not have enough strength to keep the local range of $257-267. Thus, the DASHUSDT price has reached the critical support zone of $210-230.

At the moment, the DASH price is moving in a clear growth channel and is preparing for a new local impulse. The first target for this coin is at $267. The ultimate goal is $290.

If buyers fail to hold the mark of $195, the DASH market will continue to fall with great force with the first local target of $165.

Considering the situation on the BTC market, we do not exclude this scenario:

The DASHBTC chart adds a relative positive on the DASH market:

As you can see, the DASHBTC price has come to an important level and is now consolidating in the liquid zone. While we will not announce a change in the trend, however, a price rollback within the falling channel is quite possible.
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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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