DASH appears to be wrapping up a 8 year accumulation evidenced by the falling wedge pattern.
One thing that stuck me as interesting in 2017 was at its peak I remember reading that DASH holders earned 120K a year by using 1000 DASH tokens to run a masternode.
Judging by the falling wedge pattern it appears some whales took notice of this fact and have suppressed the DASH price to Accumulate over 8 years.
Similar to ZCASH as DASH exits its accumulation range ill expect the price to break out strongly with an initial price target in the 549 range,
One thing that stuck me as interesting in 2017 was at its peak I remember reading that DASH holders earned 120K a year by using 1000 DASH tokens to run a masternode.
Judging by the falling wedge pattern it appears some whales took notice of this fact and have suppressed the DASH price to Accumulate over 8 years.
Similar to ZCASH as DASH exits its accumulation range ill expect the price to break out strongly with an initial price target in the 549 range,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.