- DASH price broke out earlier.
- Seems to be heading lower again.
Earlier in the week, Dash prices broke out of a descending trendline resistance which promised to take Dash prices higher, all the way towards $165-170 levels, but it seems bulls couldn’t gather enough strenth and momentum in their favour and bears have got it all.
DASH/USD is down more than 3 percent in the weekend trading. On Friday, Dash broke out of a descending trendline resistance on the 120-minute chart, all that the bulls needed was a little more push and momentum to make the battleground in their stride.
But, given the lack of momentum, prices have again started sliding down and are now on the way to break recent lows.
DASH/USD 120-minute chart:
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