Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
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 chart clearly shows good supports for DASH, fortunately.
Thank you for your view on things, i agree on these Bitcoin corrections giving opportunities and recovery flags for altcoins. It will be interesting to see which altcoins can cope best with this latest
Bitcoin correction. Looking at the marketcap between rank 10 and 16 and seeing how close some of these rankings are to each other these days, i think we can exspect a shift in ranking soon.
Specially now Bitcoin seems intend to correct to a much lower price point in the $9,000 - $10,000 price range ($9,400 has some good support i hear for Bitcoin).
https://messari.io/onchainfx
Note : The 24H trading volume figures seem a bit off in comparison with coinmarketcap.com and the inflation figures could also be on the low side as i seem to remember from last quarterly call that Dash inflation
figure is 9%. Interesting to see LEO having a negative inflation, maybe that has to do with Bitfinex burning a lot of their LEO tokens ? Also i wonder if having a high inflation figure to your cryptocurrency
(XRP, Stellar, Tron, Link), could actually dampen your future price growth ?
Altcoins versus Bitcoin dominance also has its own chart on tradingview.com and could be interesting to take a look at. The spikes on this chart are indicating when the altcoins
dominated Bitcoin in time.
