Dash Price Discussion and Dash Shortterm/Longterm Price Trend Speculation

[qwizzie]

Source : https://www.blockchaincenter.net/en/altcoin-season-index/

Altcoin Month will need to move up to 76 as well, before i truly consider this Altcoin Season. But at least its moving in the right direction.

With regards to Dash :

Dash still has -11.8% to clear on Chg (30D), which could take a few months.

 

[qwizzie]

New month, new charts.

Altcoin Season Index

Source : https://www.blockchaincenter.net/en/altcoin-season-index/

BTC/USD (Bitstamp, 1M, RSI + AO)

Source : Tradingview

Bitcoin Price Performance :

Source : Tradingview

DASH/BTC (Poloniex, 1M, RSI +AO)

Source : Tradingview

DASH/BTC Price performance

Source : Tradingview

DASH/USD (Kraken, 1M, RSI+AO)

Source : Tradingview

DASH/USD Price Performance

Source : tradingview

 

[qwizzie]

New month, new charts.

Altcoin Season Index

Source : https://www.blockchaincenter.net/en/altcoin-season-index/

BTC/USD (Coinbase, 1M, RSI + AO)

Source : Tradingview

Note : switched from Bitstamp to Coinbase

Bitcoin Price Performance :

Source : Tradingview

DASH/BTC (Poloniex, 1M, RSI +AO)

Source : Tradingview

Note : This chart could be a bit redundant as according to AgnewPickens

I think the Dash/BTC price only affects Dash/USD price when there is a major dump in BTC, the play with most of the alt sector now is USDT or other stables or fiat. Only bots trade Dash against BTC, all the retail uses stables or fiat to buy, sell, trade Dash.

But i will continue showing this chart for now, as i am curious if this chart and the price performance metrics will improve in the future or not.

DASH/BTC Price performance

Source : Tradingview

DASH/USD (Kraken, 1M, RSI+AO)

Source : Tradingview

DASH/USD Price Performance

Source : tradingview

Note : very nice price performance improvement this month, compared to previous month where everything was in the red

 

[qwizzie]

Source : https://coingolive.com/en/coin/ath-price/?p=0&s=dash

This shows the tremendous profit potential for those longterm Dash investors that have both the patience and endurance to wait for the next Dash bullrun. Even if the Dash price would only reach half of its ATH price during a new Dash bullrun, the profit potential is still huge.

 

[GrandMasterDash]

It's interesting to me that decred is nipping at the heels of dash in market rank. Dash rank #180 vs decred rank #184.

I'm not making any predictions when I say this, but I am now quite curious if dash is going to be challenged by Horizen.. it might be that dash falls in rank and Horizen goes up and, you never know, Horizen might surpass dash. I'm not invested in Horizen but they are doing what I wanted dash to do i.e. embrace web3 and forging positive partnerships.

 

[qwizzie]

It's interesting to me that decred is nipping at the heels of dash in market rank. Dash rank #180 vs decred rank #184.

Yeah, i noticed that too here : https://coinmarketcap.com/view/hybrid-pow-pos/
Hopefully Dash can keep its leadership position in this category on coinmarketcap.
Although i doubt that category on coinmarketcap is of much importance to investors, most are likely unaware of this category.

I think DCR is following a very similar price trend on the monthly chart like Dash is currently following, but DCR seems a little bit further ahead in its cycle (RSI and AO wise).

Dash need a few more months (2-4) to really get into a Dash bull market, in my view. And then a few more months to really get into a Dash bullrun.

 

[qwizzie]

New month, new charts.

Altcoin Season Index

Source : https://www.blockchaincenter.net/en/altcoin-season-index/

BTC/USD (Coinbase, 1M, RSI + AO)

Source : Tradingview

First red candle in a long time (7 months), correction time on the monthly chart ?

Bitcoin Price Performance :

Source : Tradingview

DASH/BTC (Poloniex, 1M, RSI + AO)

Source : Tradingview

DASH/BTC Price performance

Source : Tradingview

Dash price performance improved compared to previous month. From everything in the red, to now having the 1W and 1M in the green.

DASH/USD (Kraken, 1M, RSI + AO)

Source : Tradingview

DASH/USD Price Performance

Source : tradingview

Dash price performance improved considerably on the 3M, 6M, YTD and 1Y, compared to previous month