- Dash v 12.3.1 has been designed to introduce InstantSend feature.
- Dash must fight to find a support above $250 in the short-term.
Dash price, just like the majority of the digital assets in the market, is correcting higher, besides, it is up over 4% on Wednesday. DASH/USD is recovering after a slide below $240 during the Asian trading hours today. Moreover, the bounce from the short-term bearish flag pattern breached the resistance at the 61.8% Fib retracement level with a high of $261.1 and a low of $231.1 close to $250.
The price is edging higher, but first, the network has announced that Dash v 12.3.1 has been released. The team had given out a notification on June 30 that it was ready after completing the testing stage. The code was made available on GitHub for the community to test their applications. The upgrade has been designed to introduce InstantSend feature and lay the foundation for Dash Evolution.
Technically Dash is trading at $252 while continuing with a sharp climb that commenced slightly above $240. Dash must fight to find a support above $250; this will see it consolidate and gain momentum towards the now long-term resistance level at $300. The 50 SMA along with the 100 SMA respectively will offer support in the event the crypto dips back below $250. The 38.2% Fibo will also prevent further declines above the stronger support at $240.
DASH/USD 15′ chart
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