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.
Dans
Active member
We're once again facing a situation similar to what we've seen in recent weeks. Just as Dash was about to break through key resistance levels — like the $26 area or 0.00022 BTC per Dash — the entire crypto market took a sharp downturn.
There doesn't seem to be a specific “dark hand” acting against Dash. It's more likely a widespread market correction affecting most cryptocurrencies. Still, this is a tough scenario for medium- and long-term investors, as the $26 wall keeps proving nearly impossible to break through.
I still believe that the $18–$23 range should be attractive enough to bring in investors, even small ones, who see potential in the project. Right now, we have the foundations in place, but actual construction — meaning widespread use — hasn't really begun yet. That doesn't mean interest couldn't pick up in the coming weeks or months.
One key factor — beyond the current price — is visibility. If Dash can truly reach the public, we might finally see the entry of long-term, serious investors. And that could be one of the few realistic ways to break past the $26 barrier for good.
There doesn't seem to be a specific “dark hand” acting against Dash. It's more likely a widespread market correction affecting most cryptocurrencies. Still, this is a tough scenario for medium- and long-term investors, as the $26 wall keeps proving nearly impossible to break through.
I still believe that the $18–$23 range should be attractive enough to bring in investors, even small ones, who see potential in the project. Right now, we have the foundations in place, but actual construction — meaning widespread use — hasn't really begun yet. That doesn't mean interest couldn't pick up in the coming weeks or months.
One key factor — beyond the current price — is visibility. If Dash can truly reach the public, we might finally see the entry of long-term, serious investors. And that could be one of the few realistic ways to break past the $26 barrier for good.
vazaki3
Well-known member
The way to visibility is Encointer.
