Should You Sell Dash (DASH) Saturday?

Saturday, December 25, 2021 05:10 PM | InvestorsObserver Analysts

Dash receives an average long-term technical score of 49 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, DASH holds a superior long-term technical analysis score than 49% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving Dash a 49 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Dash!

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Trading Analysis

DASH is currently -$27.2700000 (-15.26%) below its 100-day moving average price of $178.690000000 with its current price of $151.420000000. Meanwhile, Dash is $66.0400000 (164.46%) above its 52-week low price of $85.380000000 and -$325.43000000 (29.66%) below its 52-week high of $476.850000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 49. Trends for the long-term trading history of Dash suggest that traders are currently bearish on the coin. Dash has a total market value of $1,589,151,601.36 with an high average daily volume of $1,527,264,655.33 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, DASH's volume is below its average with $218,789,501.91 exchanged in total. This coin's subclass Digital Money: Digital Money is an asset, commodity, or currency intended to maintain value and liquidity over time so that it may be used the same way fiat currencies are used.

Summary

DASH's historical trading over the past year gives it a an average long-term technical score of 49 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on Dash (DASH).