Search ForexCrunch
  • DASH/USD bulls take over the market as the price sees a jump by 4% from $80.50 to $84.
  • Bulls have the chance to break past resistance at $87.50 which has not been breached in over a month.

DASH/USD bulls have taken over the market as the price sees a jump by 4% from $80.50 to $84. If the uptrend continues, then DASH/USD can break past resistance at $87.50 which has not been breached in over a month.

DASH/USD daily chart

  • Daily chart sees a bullish breakout from the triangle formation.

DASH/USD 4-hour chart

  • Bulls breached past $80.50 resistance and carried enough momentum to move towards the $87.50 resistance line.
  • The bears took over in the last session and stalled the upward momentum.

DASH/USD hourly chart

  • The last two sessions are floating above the 20-day Bollinger band which shows a bullish market despite the previous session being bearish.
  • The moving average convergence/divergence (MACD) indicator shows a bullish market.  

Key Levels

  • Resistance 3: $91.2184
  • Resistance 2:  $86.7976
  • Resistance 1: $83.6480
  • Pivot Point:  $79.2272
  • Support 1: $76.0776
  • Support 2: $71.6568
  • Support 3: $68.5072