Dash Price Prediction for Today, March 24: DASH/USD Price Could Slide Below $60 Support

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The Dash price prediction is currently facing a serious decline after being rejected at a $64.76 resistance level.

Dash Prediction Statistics Data:

  • Dash price now – $60.95
  • Dash market cap – $682.3 million
  • Dash circulating supply – 11.1 million
  • Dash total supply – 11.1 million
  • Dash Coinmarketcap ranking – #68

DASH/USD Market

Key Levels:

Resistance levels: $80, $85, $90

Support levels: $45, $40, $35

Dash Price Prediction for Today, March 24: DASH/USD Price Could Slide Below $60 Support
DASHUSD – Daily Chart

DASH/USD is now moving towards the south as the price failed to head toward the upper boundary of the channel. Looking at the daily chart, Dash (DASH) shows that the price is still moving within the channel, though the price may need to retreat a little bit before heading to the upside.

Dash Price Prediction: Dash Price May Break into the Downside

The Dash price is likely to cross below the 9-day and 21-day moving averages, but, if buyers manage to power the market and push the coin to the upside; they may likely locate the resistance levels of $80, $85, and $90. Nevertheless, bulls need to hold the current level of $60.95 to begin an upward movement.

Moreover, if the market experience more drops, it could hit the nearest support at $55 and a further drop below the lower boundary of the channel could pull the market to the support levels of $45, $40, and $35 respectively. Meanwhile, the technical indicator Relative Strength Index (14) is hovering above the 50-level, indicating more bearish signals may come into play.

Against Bitcoin, the Dash price is moving to the upside as the price aims to cross below the 21-day moving average. Meanwhile, Dash bears are likely to drag the price toward the lower boundary of the channel as any further bearish movement could take the coin to the support level of 1500 SAT and below.

DASHBTC – Daily Chart

Looking at the technical indicator, the Relative Strength Index (14) appears that bears could put pressure on the bulls as the signal moves to cross below the 40-level. Therefore, if the bulls can regroup and halt the downward movement, the Dash price may begin an uptrend and head toward the upper boundary of the channel to reach the resistance level of 3000 SAT and above.

Alternatives to Dash

The Dash price is currently facing a setback as this current movement might be a permanent one. However, the coin is likely to have a bearish movement in the short-term but a price rally toward the upside may help the coin to reclaim its daily high. On that note, the Love Hate Inu token is the world’s first Web3 vote-to-earn cryptocurrency platform, where members can vote on engaging polls. Therefore, buyers can use LHINU meme coins to cast their votes on topics such as politics, entertainment, sports, and social issues. The token presale is still ongoing and close to $2 million has been raised so far.

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