Dash (DASHUSD) price declined in its latest intraday trading after facing resistance at its 50-day SMA, which reinforces the stability and dominance of the short-term corrective bearish trend, especially while moving alongside a trend line supporting this path. In the background, we notice the beginning of a negative crossover appearing on the Stochastic indicators after reaching deeply overbought levels, which increases the surrounding negative pressure on the price.

Therefore we expect the digital currency price to decline in its upcoming intraday trading, as long as it remains below the $44.20 resistance level, targeting the $37.15 support level.

Todays price forecast: Bearish