Dash (DASHUSD) price is experiencing volatile trading in its latest intraday sessions, as it attempts to gain positive momentum that could help it resume its strong gains in the upcoming trading periods. The cryptocurrency continues to benefit from a previous breakout above a short-term bearish trend line, while also receiving dynamic positive support from trading above its 50-day SMA, which strengthens the chances of a near-term recovery.
Therefore we expect the digital currency price to rise in its upcoming intraday trading, especially as long as it remains above the $35.70 level, targeting the first resistance level at $40.40.
Todays price forecast: Bullish.