• Dash Price Prediction for Today, December 24 is DASH/USD recovering above the $44 level.
• The Dash price is ready to break into the upside, and the 9-day MA could move to cross above the 21-day MA.
• If the bulls maintain the upward trend, DASH/USD may continue with the bullish movement and reach resistance levels of $55, $60, and $65.
The Dash price prediction for December 24th is that the digital asset is recovering above the $44 level. After a period of low volatility, Dash has seen a surge in its price, which has been welcomed by traders and investors alike. The Dash market cap is currently worth $485.1 million, with a circulating supply of 11 million tokens. The digital asset is ranked in the 67th position on CoinMarketCap.
Technical analysis of the DASH/USD pair shows that the bulls are currently in control as the coin moves above the 9-day moving average. However, the Relative Strength Index (14) is currently above the 50-level, suggesting a sideways movement.
Looking at the daily chart, the Dash price is ready to break into the upside as the 9-day MA is set to cross above the 21-day MA. If the bulls maintain the upward trend, DASH/USD may continue with the bullish movement and reach the resistance levels of $55, $60, and $65.
On the other hand, any strong selling pressure within the market could drag the price to the downside. If Bitcoin fails to stay above the $20,000 level, Dash could suffer a bearish correction. Furthermore, if the bears gain enough momentum, the price could break below the support levels of $35, $30, and $25.
In conclusion, the Dash price prediction for December 24th suggests that the digital asset is ready to break into the upside. However, the bulls need to maintain the upward trend if they want to reach the resistance levels. On the other hand, any strong selling pressure could drag the price to the downside, making it difficult for the bulls to make any significant progress.