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DASH Price Prediction Today: Daily (DASH) Value Forecast – April 12

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  • The crypto’s price is ranging above the $119.76 price level.
  • If the $119 price level holds, the bulls will resume its bullish trend to break above the EMAs.
  • On the other hand, if the bearish trend continues, the price will depreciate to a low at $115.

DASH/USD Medium-term Trend: Bearish

  • Resistance Levels: $140, $150, $160
  • Support levels: $130, $125, $ 120

Yesterday, April 11, the price of DASH was in a bearish trend. On April 10, the crypto’s price has been in the bearish trend zone after being resisted at the $140 price level. Yesterday, the crypto’s price further depreciated to a low at $119.76. The bulls made an attempt at the 12-day EMA but were resisted. The crypto’s price is ranging above the $119.76 price level.

If the $119 price level holds, the bulls will resume its bullish trend to break above the EMAs. On the other hand, if the bearish trend continues, the price will depreciate to a low at $115.
The DASH price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend. The Stochastic indicator is in the oversold region but above the 20% range. This indicates that the price is in a bullish momentum and a buy signal.

DASH/USD Short-term Trend: Bearish

On the 1-hour chart, the DASH price is in a bearish trend. The 12-day EMA and the 26-day EMA are trending southward indicating that price is in the bearish trend zone. Yesterday and today the bearish candlestick wicks are testing the $119 price level and retracing from the support level. It appears the bearish trend has been exhausted. The DASH price is currently trading at $120.17 as at the time of writing. The Stochastic indicator is in the overbought region but below the 60% range. This indicates that price is in a bearish momentum and a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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