DASH is currently testing the $30.5 support level after breaking below the 50-day moving average. Trading volume remains subdued, indicating weak buying interest. The next critical support lies at the $28.7 former swing low.
RSI readings hover near 40, reflecting bearish momentum without reaching oversold conditions. MACD shows bearish crossover below zero line, though the histogram shows slight convergence, suggesting potential slowing selling pressure.
The $32.8 level now serves as immediate resistance, with stronger resistance at the $35.2 Fibonacci retracement level. Given current market sentiment and technical structure, DASH appears vulnerable to further downside unless reclaiming the $32.8 resistance. Monitor Bitcoin's movement for directional cues.
RSI readings hover near 40, reflecting bearish momentum without reaching oversold conditions. MACD shows bearish crossover below zero line, though the histogram shows slight convergence, suggesting potential slowing selling pressure.
The $32.8 level now serves as immediate resistance, with stronger resistance at the $35.2 Fibonacci retracement level. Given current market sentiment and technical structure, DASH appears vulnerable to further downside unless reclaiming the $32.8 resistance. Monitor Bitcoin's movement for directional cues.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.