Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Question to you, dreamax25 : will Bitcoin stay below support level and enter a bearish trend?
Bitcoin will still remain in their longterm bullish phase, till its halving day, but it has to correct from its latest peak about $14000. I don't say bitcoin will fall into bearish, but it will be corrected significantly (we already saw its corrections last few weeks, and I don't think it will finish corrections till December). So, what does it mean? Personally, bitcoin correction will give opportunities and recovery flags for altcoins, which might rally well in their BTC pairs.The chart clearly shows good supports for DASH, fortunately.
The current Dash price fluctuations are still very strongly tied to Bitcoin price fluctuations and looking at
a longterm chart of Dash, i suspect that Dash is still in accumulation phase (which is a lenghty process, which
could take a few more months). Just keep an eye on longterm MACD and RSI coming months as these are indicators
that could possibly hint on a new longterm price trend forming.
a longterm chart of Dash, i suspect that Dash is still in accumulation phase (which is a lenghty process, which
could take a few more months). Just keep an eye on longterm MACD and RSI coming months as these are indicators
that could possibly hint on a new longterm price trend forming.