Home DASH/USD price analysis: Market rises by 6.75% as Dash open-sources their software repositories
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DASH/USD price analysis: Market rises by 6.75% as Dash open-sources their software repositories

  • DASH/USD went up from $89 to $95 this Wednesday.
  • Evolution lead developer, Nathan Marley, announced that Dash is open sourcing their software repositories.

DASH/USD bulls had a field day as the price went up from $89 to $95 this Wednesday. The last time the price went this high was on 21st December 2018. Evolution lead developer, Nathan Marley, announced that Dash is going to open source their software repositories for the community. He said:

“I’m so happy to announce the open-sourcing of our Dash Platform software repositories, including our Distributed API (DAPI) and Drive. The Dash Platform is one of 3 parts, along with Core and DashPay Wallet, which together collectively form what is commonly known as Evolution.”

The main reason behind the open-sourcing is that the software is relatively new and they want more eyes on the code for testing purposes:

“I’d like to state that this software is still relatively new and changing fast. It’s somewhere between alpha and beta level. Please help us test it out! 🙂 One huge benefit of opening this codebase is the number of eyes we’ll get on it. You will find bugs, and we hope you’ll report them “” or better yet, submit Pull Requests to help us fix them!”

DASH/USD daily chart

DASH/USD bulls found support on the long-running upward trending line and shot the price up to $95. In the process, the price broke through the resistance provided by the 20-day simple moving average (SMA 20) curve. The MACD indicator shows that the signal line is about to converge with the MACD curve which indicates that the momentum is going to shift towards the bulls. The last session was so bullish that it singlehandedly reversed the Elliot wave oscillator which, until then, had charted six consecutive bearish sessions.
 

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