The DASH price currently trades at $54, with a 9% uptick in the 24-hour trading volume.
DASH price observed an increase of 8.86% in the last 24 hours.
The price of a DASH token is presently consolidating below the demand zone. The consolidation suggests there is a state of indecisiveness among the market participants. However, that may change as the price recently made a long bearish candle. The oscillators are moving toward the demand zone.
In early March, DASH price started trading within a bearish trend. The price of Dash broke below the consolidation range with a strong momentum giving a downfall of 40% within a few weeks. However, it made another attempt to resume its bull trend. After retesting through its previous trend line, Dash started moving within a range near the 200 and 100 EMAs.
DASH Price Trading Under the Supply Zone
Source: DASH/USDT by TradingView
Technical Analysis
Source: DASH/USDT by TradingView
The RSI line recently crossed below the median and 14 SMA
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