tcr_thecoinrepublic

Dash Coin Price Aiming For Three Digits

Long
BINANCE:DASHUSD   Dash / US Dollar (calculated by TradingView)
The technical chart of Dash highlights the retracements faced by the price levels at regular intervals while facing major resistance at 0.786fib level. After touching the critical support level of $85.00 residing at the neutral line of the retracement table, the price levels have bounced back positively forming a rising channel pattern. A positive crossover above the 0.786fib level can surely be a bullish indication for the upcoming trading sessions.

The relative strength index ( RSI ) is showcasing positive nature while standing at 55.82 targeting the overbought territory.

The moving average convergence & divergence ( MACD ) has formed a bullish crossover below the signal line and looked to gain further positive levels on the chart.

The directional movement index (DMI) is showcasing sideways nature as ADX and -DI levels got consolidated with each other on the chart.

Resistance level: $98.00 & $100.00

Support level: $90.00 & $85.00

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