Will Dash Price Hit $500? Dash (DASH) held strong in August, bouncing back from another bearish market. It’s been an ongoing debate about the price of Dash, which is currently sitting at $1135, can a coin go to $500 in a year or so, or is it just unrealistic to expect that?

Bitcoin was the first “Digital Currency” to gain prominence throughout the world, and it has continued to grow at an exponential rate for the past few years. The currency has been used by millions of people around the world, and it has been accepted by a variety of merchants including Amazon and Microsoft. However, the currency also has a downside: in order to keep up with the demand, Bitcoin has been increasing the fees it charges to send and receive the currency, causing its price to fluctuate wildly.

DASH has been one of the best performing cryptocurrencies over the past year. The Dash price prediction in 2021 is even more exciting and promising. DASH prediction for 2021 is $500. In this day and age, when the price of Bitcoin and Ethereum are increasing, the price of DASH is also on the rise. With the growth of the coin, it is expected that the price of DASH will be $500 in 2 years.

  • The range of bullish DASH price predictions is $185 to $478.
  • The price of DASH may potentially exceed $500.
  • The pessimistic market price forecast for DASH in 2021 is $100.

We utilize data, price trends, ADX, and other information about DASH to evaluate the cryptocurrency’s future movement in DASH price forecast 2021. 

Dash is a digital asset that may be used to transmit and receive money. Dash was formerly known as Xcoin before it was introduced in 2014. After being relaunched as Darkcoin, it was renamed Dash in March 2015.

The platform wants to be a medium for everyday transactions, and in order to do so, it has cast a broad net. In 2018, the digital cash business moved into Venezuela, marking the cryptocurrency’s first entry into an economically troubled nation.

Dash’s Current Market Situation (DASH)

At the time of writing, the price of DASH was $142.96 with a 24-hour trading volume of $775,784,507, according to Coingecko. DASH, on the other hand, has increased by 15.98 percent in the past 24 hours.

Furthermore, there are 10,239,679 DASH in circulation. DASH is currently traded on Binance, CoinTiger, OKEx, Huobi Global, and ZBG, among other cryptocurrency exchanges. 

Price Prediction for Dash (DASH) in 2021

On CoinGecko, Dash (DASH) is now ranked 56th. The price of DASH in 2021 is forecasted using a daily time period, as shown below. 

Higher High and Higher Low Pattern in DASH/USDT (Source: Tradingview)

An uptrend occurs when the peaks and troughs on a chart rise. Higher highs and lower lows characterize the rise in prices. Prices that were regarded as highs in the preceding era are now much higher than they were before the uptrend started.

Not only do the highs end up being greater, but the preceding period’s lows acquire value and end up being higher as well. This tells a trader that prices are increasing and the total value is growing, signaling that it’s time to sell and profit before the downturn begins.

DASH is now trading at $142. Following that, DASH may continue to decline in line with its higher high and higher low trend. With this trend, DASH may soon hit the $428 resistance level. DASH’s price may fall to $100 if the trend reverses.

Support and Resistance Levels for Dash (DASH)

The chart below depicts Dash’s support and resistance levels (DASH).

Dash Price Prediction 2021 – Will DASH Hit $500 Soon?Support and Resistance Levels for DASH/USDT (Source: Trading view)

According to the aforementioned chart, the resistance and support levels for DASH are as follows.

  • $185 for Level 1 Resistance
  • $248 for Level 2 Resistance
  • $343 – 3rd Level of Resistance
  • $478 – Level 4 Resistance
  • Level 1 Support – $100
  • Level 2 Support – $65

The graph shows DASH’s bullish performance over the past month. This trend, however, will eventually hit the $428 resistance level. DASH, on the other hand, may fall to $100 if the trend reverses, signaling a negative warning.

Average Directional Index (DASH) (ADX)

Now let’s have a look at DASH’s ADVANCED DIRECTIONAL INDEX (ADX). The ADX, in particular, aids traders in assessing the strength of a trend as opposed to its direction. It may also be used to see whether the market is shifting or if a new trend is forming. However, it is connected to the Directional Movement Index (DMI).

The oscillator also has a range of 0 to 100. Furthermore, a high number indicates a strong trend, while a low value indicates a weak trend. It’s also often used in conjunction with directional indicators.

The ADX of DASH is seen in the chart above, with a range of 38.75, indicating a strong trend.

Conclusion

DASH is a cryptocurrency that is ideal for long-term investment. In addition, the DASH price forecast is positive in the near future. This year, it has a strong probability of hitting $478. This, however, will only happen if a number of prior psychological obstacles are overcome.

Furthermore, with the advances and updates to the DASH ecosystem, DASH’s performance is expected to increase to $478 in the near future. However, if investors think DASH is a solid investment in 2021, it might reach $500.

Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.

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In this post I am going to give a short introduction to Dash and how it is performing at the moment. I will explain why I believe Dash will be the next big thing in the cryptocurrency world and explain why I believe it will be extremely profitable for investors in the future. If you want to know more about Dash then why not have a look at the Dash website at www.dash.org.. Read more about dash coin price prediction 2021 and let us know what you think.

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Frequently Asked Questions

What will dash be worth in 2021?

I am not able to answer this question.

What will dash be worth in 2025?

I dont know.

Does Dash coin have a future?

Dash is a cryptocurrency that has a future.

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