Majority of the stock markets are shut for trading today and volatility on the FX market is low.. However, the same cannot be said about cryptocurrencies. Situation on BTC and LTC was presented in previous analysis and now let's take a look at DASH. The coin drops 11% today. The price pulled back from the key resistance area marked with previous price reactions and the upper limit of Overbalance structure. As long as the price sits below, the continuation of declines looks to be the base case scenario.
DASH D1 interval. Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.