Dash [DASH] faces seller pressure at $100 resistance
Dash [DASH] is one of the least performing assets today. Sellers are winning over buyers and the coin is approaching the bearish zone. The coin is eyeing to breach the key resistance level found at $105. The overall market is witnessing a bullish trend. Some coins are trading over 15% and is showing a strong bullish momentum.
The crypto asset is currently trading with a market cap of $822.80 million. The digital asset is witnessing the highest trading volume against USD on Bitfinex exchange followed by Kraken.
Dash is facing a strong seller pressure at $100. The coin rose without facing resistance in yesterday’s trading session. It faced a severe seller pressure at $102.75 and started falling. Today the cryptocurrency found support at $97.20, however, has breached the support level to fall further to trade around $96. Yesterday the RSI indicator for the digital currency exhibited overbought levels for a brief time. Today, the RSI shows increased selling for the coin. The MACD is close to trading below the bullish trendline. The 100 EMA line trading at $95.89 is currently on an uptrend. At the time of writing, the cryptocurrency is exchanging hands at $98.57 and is gaining against USD by 4.37%.
The crypto asset is falling against BTC by 1.65%. At press time, one DASH is equal to 0.02263315 BTC.
Dash Latest Updates
- Dash partnered with ePaymints, a global merchant account and payment gateway. The company will offer services to ePaymints clients and help better the traditional payments system. The partnership will focus on industries like gaming, legal cannabis and education.
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