Dash Price Prediction – Is Dash Charting Doomed?

It has been some time since our last Dash course forecast, but how is the Dash course currently doing? The crypto crash dragged the course along. But does Dash chart technically look just as bearish as other coins, such as Solana?

The Dash course has been able to form a descending triangle in recent weeks and months. This triangle is a continuation pattern and is mostly performed after prices are falling. In this case, the price performed the triangle after rising, so it was not clear whether the price will break up or down. Last week the price broke the $111 support and broke out. The weekly close was below support, which is why we would view it as resistance. We think Dash price may next test the $111 former support as resistance. Thus, there are chances that the price will rise in the short term.

Dash price has the next support around $64.40. This was also the bottom of the bear market between 2018 and 2020. We expect Dash price to see this support as an interim target before sinking even lower.

The Dash fan base is decreasing year by year, since the so-called privacy coins are now rather insignificant in the crypto market. Much more interesting is DeFi. The whole thing is decentralized and just as anonymous.

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