Dash was born as a result of a fork from the Bitcoin protocol. Previously being branded as Xcoin and Darkcoin, DASH is currently ranked at #15 on coinmarketcap. The price of DASH felt a minor bump rate of 0.25% in the course of the past 24-hours. The trading volume recorded is $178.745 million, while the supply has 8,960,621 DASH tokens circulating as of this moment. The total market cap of Dash is $970.505 million. The price of DASH is at $108.59.
The Dash Podcast 115 has been released via the official YouTube account of DashNews. Tune in and listen to Alex and his thoughts on Accountability and a whole lot more:
— Dash News (@DashpayNews) August 2, 2019
The RSI [for 10 periods] is 39.17 and is pointing in the upward direction. The value shows that selling pressure is comparatively higher than buying pressure. From 14th July onwards all the way up till 18th July, DASH was in the oversold region [the RSI was below 30]. Since then the price had tried to rally, but RSI hasn’t reached 50 yet.
Since the Leading Span A was above the Leading Span B prior to 3rd August, the cloud was green. The lagging span collided with the price and headed down, thus signifying weakness in terms of the price. The conversion and the base line met on 19th June, after which the price began decreasing [from 25th June].
The data on the Awesome Oscillator indicates presence of a selling signal [bearish pressure]. This is because the peaks are presently below the zero line. The MACD [Fast length:12; Slow length:26] shows that the blue line crossed the orange line from 25th July, indicating a switch in terms of momentum and the return of pressure due to activities of buyers.