DASH bounces and falls from long term resistance. New lows on the horizon again. DASH, the cryptocurrency with market capitalisation of more than two billion dollars, rallied above $300 and then lost more than 21 percent from the highs made on Friday in a sign that it was a dead cat bounce in the last couple of days and perhaps recent lows are at risk of breaking down. DASH/USD is up more than 2 percent on day at $248.51 after falling to as low as $237.47. On the daily charts DASH prices, after rising all the way to $309, fell back sharply, exactly from the descending trendline that the bulls have not been able to cross in the last few months. A close below $241 would be the first sign of Dash’s downtrend remaining intact and any rallies would be shortlived. DASH/USD daily chart: FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD: Wary Of Fading Weakness Here As USD Remains Well Supported – BNPP Yohay Elam 5 years DASH bounces and falls from long term resistance. New lows on the horizon again. DASH, the cryptocurrency with market capitalisation of more than two billion dollars, rallied above $300 and then lost more than 21 percent from the highs made on Friday in a sign that it was a dead cat bounce in the last couple of days and perhaps recent lows are at risk of breaking down. DASH/USD is up more than 2 percent on day at $248.51 after falling to as low as $237.47. On the daily charts DASH prices, after rising all the way to $309, fell… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
