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dash [DASH] Technical analysis
The new year began with a more pleasant note with the cryptocurrency market that was attempting the recovery that pushed Dash [DASH] trade in green. All the major altcoins, including the fifteenth most valuable digital currency in terms of market capitalization, are experiencing bulls' push. As bears are at bay, buyers are gradually conquering the market space with altcoin trading in an upward trajectory. Over the past seven days, despite the moderate sales pressure, dash it slipped by almost 0.5% and in the last month the currency fell 9.67%.
DASH / USD
The digital currency, at the time of printing, is not able to exceed its key resistance level that is seen at $ 86.77. The MACD indicates that virtual activity is going well and is operating in the bullish zone. The 100 EMA line, at the time of writing, indicates that the crypt is moving with a bullish momentum.
The hourly RSI indicator is at 64.7, indicating that buyers are clearly taking over and over time the cryptocurrency is approaching the level of overbought in the market. Turning to the CoinMarketCap data, the total market value of the digital currency is $ 694.25 million. Currently, the currency has increased by about 1.45% compared to the US dollar to be evaluated $ 80.79.
DASH / BTC
The cryptocurrency has slipped by almost 40% against Bitcoin [BTC] with a DASH worth almost 0.0210573 BTC.
dash [DASH] Latest updates
Church & # 39; s Chicken, the fourth largest fast food chain in the world, announced at the beginning of December that it will accept Dash as encryption throughout Venezuela. This was great news not just for Dash, but for the entire crypto community. The food chain spreads in 25 different countries. It should be noted that Dash Venezuela is the first crypted community in the country. The organization has promoted the expansion of cryptography, usability and the evaluation of blockchain technology through various conferences, workshops, training courses and specialized courses, enabling the growth of communities in the country.
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