- Dash price finally escapes the range resistance at $86.
- PolisPay believes the support will have a profound impact on the Dash community.
DASH/USD is leading the bullish correction on the cryptocurrency market in the afternoon session on Tuesday. The cryptos are steadily coming out the lull following the low trading activity since the last weekend. The majority of the assets are correcting higher with gains between 0.1% and 6%. Dash is leading this recovery as mentioned having added over 6% to its value.
The 1-hour DASH/USD chart shows that the price has finally escaped the range resistance between $80 – $86. Since the drop in the first week of March, the crypto has not been able to break out of the range. Instead, the lock-step has strengthened the support at $80.00.
Dash is currently trading at $88.70 after correcting higher in two successive candlesticks. Moreover, it has tested the resistance at $90.00. Further correction is expected as the news of PolisPay Debit Card integration spreads. It is vital that the bulls defend the resistance turned support at $86 in order to allow the crypto time to gather strength and attack $90 and eye $100 in the medium-term.
DASH/USD 1-hour chart
Meanwhile, Dash is celebrating the news that PolisPay has officially integrated Dash as a payment solution. The news comes after the payment platform announced the beta for its Mastercard cryptocurrency debit card.
“As Dash has always pushed towards innovation and cryptocurrency adoption, we have found great potential in the PolisPay project, and we believe this breakthrough will have a profound impact for Dash users and the whole crypto community.”
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