Dash Price Prediction for Today, May 19: 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.

Dash Prediction Statistics Data:

• Dash price now – $44.52
• Dash market cap – $502.6 million
• Dash circulating supply – 11.2 million
• Dash total supply – 11.2 million
• Dash Coinmarketcap ranking – #85

DASH/USD Market

Key Levels:

Resistance levels: $60, $65, $70

Support levels: $30, $25, $20

DASH/USD is in the hands of the bulls as the coin trades within the 9-day and 21-day moving averages. However, due to a lack of buying power, the bulls may need to gather enough energy to push the coin toward the upper boundary of the channel. The technical indicator Relative Strength Index (14) is crossing above the 50-level with the signal line pointing to the north, suggesting bullish movement.

Dash Price Prediction: Dash May Spike to the Upside

Looking at the daily chart, the Dash price is ready to break into the upside as the 21-day moving average could move toward the upper boundary of the channel. However, the more the bulls pressurized the bears, the higher the coin would reach. Therefore, 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 $60, $65, and $70.

On the contrary, any strong selling pressure within the market could drag the price to the downside, and should BTC trade below the daily opening price of $43.21, a bearish movement could take the price to the support levels at $30, $25, and $20.

Against Bitcoin, the Dash price is above the 9-day and 21-day moving averages as the bulls increase their entries within the market. At the time of writing, the Dash price is likely to cross above the channel as it is currently trading at 1656 SAT. If the Dash continues to signal a bullish rally, it could meet the resistance level of 2000 SAT and above.

Looking at the daily chart, traders can see that the market may maintain the bullish movement as the technical indicator Relative Strength Index (14) moves to cross above the 50-level. Meanwhile, any bearish movement toward the downside could hit the support at 1300 SAT and below.

Dash Alternatives

The Dash price may continue to trend to the north should the bulls increase the buying pressure. However, the movement toward the upper boundary of the channel may likely push the coin to the upside. However, the Dash price will have to stay above the 9-day and 21-day moving averages in other to guide against the downward pressure. On that note, what we think will really make AiDoge the new king of meme coins though is its potential virality. Every good meme coin needs to be able to consistently go viral. The token presale is still ongoing and close to $10 million has been raised so far.