Dash Price Prediction for Today, January 29: DASH/USD Spikes to the North as Price Touches $58.3 Level

The Dash price prediction shows that DASH could be ready for the uptrend, and it may fundamentally break above $60 respectively.

Dash Prediction Statistics Data:

• Dash price now – $57.33
• Dash market cap – $640.3 million
• Dash circulating supply – 11.1 million
• Dash Coinmarketcap ranking – #69

DASH/USD Market

Key Levels:

Resistance levels: $65, $67, $69

Support levels: $44, $42, $40

DASH/USD is likely to cross above the upper boundary of the channel to increase the bullish movement. Meanwhile, the cryptocurrency might kick-start another bullish run back above $60 if the buyers increase the pressure. Nevertheless, the Dash price has to keep the uptrend before hitting the $60 resistance level.

Dash Price Prediction: Dash (DASH) Trades Positively

The Dash price is currently hovering above the 9-day and 21-day moving averages. If the buyers begin to grind higher, the first resistance level may come at $60 as this could also be followed by $62. However, additional resistance levels can then be found at $65, $67, and $69. On the other side, if the Dash price slides and heads toward the lower boundary of the channel, it could hit the first support level at $50.

However, crossing below the lower boundary of the channel may lead to the critical support levels at $44, $42, and $40 respectively. The technical indicator Relative Strength Index (14) is moving to cross into the overbought region, which indicates that buyers may begin to gain control of the market, and this, could also mean that another signal of DASH could be pushing towards the upside.

Against Bitcoin, the daily chart shows that the Dash price is attempting to stay above the 9-day and 21-day moving averages. As soon as the price stables above this barrier, there is a possibility that additional gains could be obtained. Therefore, the next resistance level is close to the 2500 SAT level. If the price keeps rising, it could even break the 3000 SAT and above.

However, if the bears regroup and slide below the lower boundary of the channel, 2200 SAT support may play out before rolling to the critical support at 2000 SAT and below. Meanwhile, the Relative Strength Index (14) is moving to cross above the 50-level, suggesting bullish movement.

Dash Alternatives

The Dash price is following the bullish movement as the buyers keep the coin on the positive side. However, there is another coin in the market that is trading tremendously well at the moment – Meta Masters Guild (MEMAG) token benefits traders. This token is this year’s Play-to-Earn guild with the fastest growth. As a result, it will be Web3’s largest mobile gaming guild. It is possible to develop games that are entertaining and intriguing and work with NFTs. And there, community members receive rewards for their investments and speculation. There has already been close to $2 million raised during the MEMAG presale.