- Bulls hibernate as cryptocurrencies extend sideways trading.
- Dash bullish trend likely to break above $70.00 stubborn resistance.
The crypto market is in deep slumber. The low activity trading has lasted for at least 7 days now. Bitcoin and other assets are motionless slightly above key support zones. However, the same cannot be said about Dash. The asset is the bull among the bears with a 3% rise on the day. Moreover, the bullish trend is strong enough to push Dash above the stubborn resistance at $70.00.
Dash has been trending lower since the highs of December 2018 that brushed shoulders with $100. The declines spilled into January continued to tumble below key support levels. Major support has been established at $65.00 and Dash trading at $68.37. It is supported by the 4-hour 50-day Simple Moving Average (SMA). At the same time, the 100-day SMA is limiting gains currently at $69.60.
The technical indicators applied on the chart show that Dash is poised for more correction north. Besides, a break above $70.00 is likely to place the crypto on a trajectory towards the resistance at the 23.6% Fib retracement level with the last swing high of $103.03 and the low of $57.95. Further up the buyers effort will be tested at the $90.00 supply zone and the ultimate resistance at $100.00.
DASH/USD 4-hour chart 
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