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Dash (DASH), Moderate Volatility and Falling Sunday: Is it Time to Cash Out?

Sunday, March 12, 2023 01:26 PM | InvestorsObserver Analysts
Dash (DASH), Moderate Volatility and Falling Sunday: Is it Time to Cash Out?

Dash (DASH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has declined 0.8% to $46.21.

volatility - 33
InvestorsObserver is giving Dash a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dash!

Moderately Volatile

InvestorsObserver gives Dash a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. DASH's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Dash price is favorably positioned going forward. With support set at $43.12 and resistance near $49.99. This leaves Dash with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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