Dash (DASH) Price Might Hit the $110 Mark before Starting A Massive Price Recovery

Bullish crypto news and developments are some of the major factors that have been keeping many digital currencies in the market going. When a crypto project announces a new development, the price of that crypto usually responds positively. Bullish crypto news can send the value of a coin up by more than 100 percent in a matter of days. This was seen sometime last year when Ripple announced the launch of xRapid. This announcement significantly boosted the value of XRP and it surged by more than 100 percent in less than two days.

Another fascinating crypto news that greatly boosts the value of the coin is a new listing. When a digital currency gets listed on a top digital currency platform, its value surges significantly. That is the bullish crypto news that Dash price has been riding on. Dash (DASH) is one of those low-key digital currencies in the crypto space. However, the blockchain project has been making waves in the crypto space. Even its hard fork, Dash Cash, has been doing pretty good. Dash Cash price is soaring, and the blockchain project is gradually developing.

Bitcoin.de Ads Dash (DASH) To Its Platform

Recently, Bitcoin.de announced the integration of Dash (DASH) into its crypto-to-crypto trading platform. Bitcoin.de is a European-based digital currency trading platform that claims of more than 775,000 customers. This listing will increase the usage and access of Dash in Europe. The trading platform only charges a fee of 0.5 percent; this is very cheap by market standards. This will attract more digital asset investors and traders to the platform, which will further increase the adoption of Dash.

Dash Price Analysis – Is Dash One of the Best Cryptocurrency to Invest In 2019?

Yesterday, Dash price was under the influence of the bears. The price of Dash continued to plunge lower after failing to clear the $140 mark. The value of Dash (DASH) had earlier plunged to the low of $118 before it corrected higher. Later yesterday, the bulls took over the digital currency and broke over the exponential moving averages and hit the high of $124. However, the digital currency faced a strong hurdle on the upside.

The value of the digital currency plunged again in the bearish zone to a low of $116. The price of Dash is now beneath the exponential moving averages to indicate that the price of the coin might plunge lower again. At the moment, the immediate resistance of the coin is at the $120 level. A break over this level will the coin towards the $125 and $130 level.

On the downside, if Dash price continues to plunge lower, it might plunge toward the $110 level. The immediate support of the coin is at the $116 level. A break below this level will see the coin towards the $110 level, where buyers are likely to show up. Dash needs more bullish crypto news and momentum in order to prevent declines towards the $110 level.

Dash (DASH) Price Today – DASH / USD

Name Price
bitcoin
Bitcoin
$10,191.07-4.70%
dash
Dash
$89.79-4.91%

What is the price of Dash today?

At the time of writing, the price of Dash is $119 after a decrease of about three percent over the past twenty-four hours. The current market cap of the digital currency is $1.05 billion. The trading volume of the digital currency over the past twenty-four hours is $300.66 million.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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