Dash Price Discussion and Dash Shortterm/Longterm Price Trend Speculation
- Thread starter qwizzie
- Start date
Dans
Active member
There certainly seems to be some slight interest in Dash's moving averages.
For now, I attribute this to BTC breaking its ATH, but it could be that part of this rise is driven by alcoins that have been severely lagging in recent months, and in the case of Dash, which maintains acceptable performance in terms of daily users on its blockchain.
I believe the risk-reward at these prices around $18 and $24 is attractive for the medium and long term, especially based on long-term charts.
From my perspective, and provided BTC doesn't surge, if Dash breaks 0.00022 BTC/Dash, it could be a benchmark to keep in mind.
In dollar terms, exceeding $26 for several days could attract the attention of speculators, and subsequently, more serious investors.
For now, I attribute this to BTC breaking its ATH, but it could be that part of this rise is driven by alcoins that have been severely lagging in recent months, and in the case of Dash, which maintains acceptable performance in terms of daily users on its blockchain.
I believe the risk-reward at these prices around $18 and $24 is attractive for the medium and long term, especially based on long-term charts.
From my perspective, and provided BTC doesn't surge, if Dash breaks 0.00022 BTC/Dash, it could be a benchmark to keep in mind.
In dollar terms, exceeding $26 for several days could attract the attention of speculators, and subsequently, more serious investors.