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DASH Price Drops by over 30% in the past 5 days

DASH recently integrated with XcelTrip, which is a decentralized travel booking platform. This might help the network with increased number of investors for DASH.

DASH to USD Price Analysis:

In the last 5 days, the price of DASH has witnessed a constant drop. The highest trading value in the said time frame was $99.912, observed as on September 19, 2019 at 23:55 UTC. Then, DASH price drastically dropped by 32.02%, yesterday at 20:20 UTC, when the trading value changed to $67.9175.

The current trading value at the time of penning down, is increased by 7.80% when compared to the latter price mark.

DASH is seen sliding in the bearish zone, which means, this might be an ideal time for the investors to invest in DASH. However, considering the trend from quite some time now, DASH is having a bear inclined and downward sliding movement from the last week of June.

Dash Prediction, the long-term prognosis reflects that the value is dropping down constantly. So, one might have to be patient till the time is escalates again.

Short-term investment needs a lot of vigilance so as to decide about the right entry and exit points of the trade.

The calculated resistance and support levels are as follows:

Resistance Levels:

R1: $75.97, R2: $80.95, R3: $85.59

Support Levels:

S1: $68.35, S2: $65.81, S3: $60.73

Matthew Diaz: Matthew Diaz is a full stack developer working in NameCoinNews on blockchain and cryptocurrency related websites. He has a comprehensive knowledge of exploring different technical tools to analyse market trends of cryptocurrencies. He has over a decade experience of technical analysis and assisting companies to achieve desired solutions. He is avid cyclist and music enthusiasts.