DASHUSD price recorded a decline in its latest intraday trading, under full dominance of the main short-term downtrend, with price action moving along a steep trend line supporting this bearish path. The price continues to face negative dynamic pressure from trading below its SMA50, which limits the chances of a full recovery in the near term, especially with ongoing negative signals from the RSI, despite the indicator reaching deeply oversold territory.
Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, to target the key near support at $36.00, with strong chances of a confirmed break below it.
Expected trading trend: Bearish