• Dash Price Prediction for Today, December 24: DASH/USD recovers above $44 level
• The Dash Price Prediction begins a decent recovery wave above $43 as the coin approaches a major hurdle near $45
• If the bulls maintain the upward trend, DASH/USD may continue with the bullish movement which could take the coin to the resistance levels of $55, $60, and $65
The Dash price prediction for December 24th is looking positive as DASH/USD has made a decent recovery above the $44 level. The coin is now approaching a major hurdle near the $45 mark, which could potentially lead to further gains in the short-term. Dash is currently trading at $43.88, with a market cap of $485.1 million and a circulating supply of 11 million coins.
The technical indicators are also signaling a bullish trend, with the Relative Strength Index (14) crossing above the 50-level and the signal line pointing to the east, suggesting a sideways movement. This could be indicative of a potential breakout of the current trading range.
If the bulls can muster enough buying pressure to push the coin above the $45 resistance, it could set the stage for further gains. The next major resistance levels are at $55, $60, and $65. Meanwhile, if the bears can manage to push DASH/USD back below the $43 level, it could signal a deeper correction, with the key support levels at $35, $30, and $25.
In conclusion, the Dash price prediction for today is looking positive, with the coin currently showing signs of a potential breakout from the current trading range. However, it is important to keep an eye on the key support and resistance levels, as a break below the $43 level could signal a deeper correction.