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Crypto Snapshot: DASH/USD

Market Analysis

Crypto Snapshot: DASH/USD

AAX February 25, 2021

Following rapid growth, DASH has corrected by more than 50%. The price found support near the $212 level. Dynamic support is provided by MA100 on the H4 timeframe.

Currently, the asset is consolidating. We can consider this action as a form of building up energy with an upward target of $332 or perhaps the renewal of the ATH.

Entry can be considered in the range of $230 – $240.

Stop loss should be placed under $212.

Targets for the upward movement would be:

  • $270
  • $290
  • $315
  • $332

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Author: AAX

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