Dash Analysis 5/04 Dash-USD
DASH / USD also undoubtedly benefited from the cryptos boom last year and impressed with several hundred percent in the top of the price chart. In the subsequent sell-off of the strong correction, the price fell back to the long-term uptrend. The low has been marked at $ 282.10 so far. Mind you, this is a correction of about 85% from the top ($ 1,625.00), which will most likely result in a medium term backlash. How far this rebound will go, of course, can not be estimated.
However, there are some obstacles in the way that could stop the course. On the one hand the range from $ 570.00 - $ 600.00 should be mentioned. Should DASH survive this resistance without major problems, prices could be relatively quickly reached up to $ 800.00.
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