Dash is Trading 14.19% Above Our Price Prediction for Dec 12, 2022

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Dash is up 4.08% today against the US Dollar
  • DASH/BTC increased by 3.42% today
  • DASH/ETH increased by 3.21% today
  • Dash is currently trading 14.19% above our prediction on Dec 12, 2022
  • Dash gained 4.71% in the last month and is down -66.46% since 1 year ago
Dash price $ 46.30
Dash prediction $ 40.54 (-12.42%)
Sentiment Neutral
Fear & Greed index 25 (Extreme Fear)
Key support levels $ 44.62, $ 42.91, $ 41.33
Key resistance levels $ 47.91, $ 49.48, $ 51.20

DASH price is expected to drop by -12.42% in the next 5 days according to our Dash price prediction

Dash price today is trading at $ 46.30 after gaining 4.08% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -0.35% in the same time period. DASH performed well against BTC today and recorded a 3.42% gain against the world’s largest cryptocurrency.

According to our Dash price prediction, DASH is expected to reach a price of $ 40.54 by Dec 12, 2022. This would represent a -12.42% price decrease for DASH in the next 5 days.

DASH Price Prediction Chart

Buy/Sell Dash

What has been going on with Dash in the last 30 days

Dash has been displaying a positive trend recently, as the coin gained 4.71% in the last 30-days. The medium-term trend for Dash has been bullish, with DASH increasing by 7.51% in the last 3 months. The long-term picture for Dash has been negative, as DASH is currently displaying a -66.46% 1-year price change. On this day last year, DASH was trading at $ 138.03.

Dash reached its all-time high price on Dec 21, 2017, when the price of DASH peaked at $ 1,726.83. The current DASH cycle high is $ 47.78, while the cycle low is at $ 31.66. DASH has been displaying low volatility recently – the 1-month volatility of the coin is at 9.82. Dash recorded 15 green days in the last 30 days.

Dash technical analysis for today – Dec 07, 2022

The sentiment in the Dash markets is currently Neutral, and the Fear & Greed index is reading Extreme Fear. The most important support levels to watch are $ 44.62, $ 42.91 and $ 41.33, while $ 47.91, $ 49.48 and $ 51.20 are the key resistance levels.

Neutral sentiment for Dash

19 indicators are currently signaling a bullish prediction for Dash, while 13 indicators are showing a bearish forecast. With 59% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Dash.

Crypto market is currently experiencing Extreme Fear

Currently, the Fear & Greed index is at 25 (Extreme Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Dash moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Dash is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 44.16 (BUY) $ 46.34 (SELL)
MA5 $ 43.50 (BUY) $ 44.77 (BUY)
MA10 $ 42.03 (BUY) $ 42.95 (BUY)
MA21 $ 39.28 (BUY) $ 40.94 (BUY) $ 43.33 (BUY) $ 45.25 (BUY)
MA50 $ 39.85 (BUY) $ 40.26 (BUY) $ 71.46 (SELL) $ 70.76 (SELL)
MA100 $ 41.15 (BUY) $ 42.35 (BUY) $ 134.33 (SELL) $ 98.44 (SELL)
MA200 $ 45.52 (BUY) $ 53.09 (SELL) $ 112.18 (SELL) $ 119.08 (SELL)
Period Value Action
RSI (14) 63.07 SELL
Stoch RSI (14) 94.79 SELL
Stochastic Fast (14) 97.50 SELL
Commodity Channel Index (20) 66.67 NEUTRAL
Average Directional Index (14) 19.92 NEUTRAL
Awesome Oscillator (5, 34) 3.74 NEUTRAL
Momentum (10) 5.50 NEUTRAL
MACD (12, 26) 0.69 NEUTRAL
Williams Percent Range (14) -2.50 SELL
Ultimate Oscillator (7, 14, 28) 66.58 NEUTRAL
VWMA (10) 41.48 BUY
Hull Moving Average (9) 44.07 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) 38.44 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Dash is at 63.07, suggesting that DASH is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Dash over the last 50 days. Currently, Dash is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the DASH closing price for the last 200 days. DASH is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Dash prediction

After considering the above factors, we can conclude that the current forecast for Dash price prediction is Neutral. DASH would have to decrease by -12.42% to hit our $ 40.54 target within the next five days. Moving forward, it will be important to monitor the DASH market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Dash price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

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