- Dash price rocketed higher and moved above a major hurdle of 0.0120BTC.
- There was more than 10% gain and there was a major bull trend noted as anticipated in one of the previous week’s analyses.
Dash price blasted higher and traded above several key resistance levels that ignited a monstrous ride this past week.
We were forecasting a major break for Dash price towards the upside, as most technical indicators were aligning in favor of bulls. There was a bearish trend line formed on the hourly chart, which was breached this past week. It ignited an upside move, which cleared the way for more gains. However, there was a major barrier formed around 0.0120BTC, which acted as a pivot for the price on many occasions. The best part was the fact that there was a break above the mentioned level, which paved the way for more gain in the short term.
The rise was very sharp that outpaced sellers to a great extent. The price traded as high as 0.0156BTC where there was a minor selling interest noted. It looks like that a minor correction phase started that might take the price towards the