Dash (DASHUSD) surged in its recent intraday trading, with the price once again testing the resistance of its 50-period simple moving average, while the main downward trend continues to dominate in the short term, with price moving along a minor trend line supporting this path. In addition, negative signals are appearing on the Relative Strength Index after previously reaching heavily overbought levels, increasing downside pressure on upcoming price movements.
Therefore, as long as the cryptocurrency remains below the $33.00 resistance level, our expectations lean toward a decline in upcoming intraday trading, targeting the key support level at $31.00.
Todays price forecast: Neutral