Dash price: $91 Key DASH resistance levels: $101, $110, $124.5 Key DASH support levels: $86, $75, $64

*Price at the time of writing

DASH Long Term Price Prediction: Bearish

The crypto space is back on a weekly bearish mode as Bitcoin falls to $10,200. Due to this fact, Dash continues to maintain a downward movement, although the scenario has been quite significant since early July. Yesterday, DASH fell below $100, and is changing hands at around $90 at the time of writing.

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DASH is currently meeting the long-term rising trend line (white dots) which is drawn from December 2018 low, and at the same time looking for support on the four-month falling trend line (yellow) following a decent bearish correction.

At this controversial stage, two things are likely to occur: a bounce or a break. DASH may bounce back to $100, $110, $124.5 if the buyers can act upon these lines. For a price break, the $86, $75 and $64 supports are likely to surface.

The RSI 30 is producing support for DASH over the past four weeks as price moves horizontally. A breach will lead to a more bearish condition. The MACD indicator is still showing strong bearish signs for the DASH market.

DASH Medium Term Price Prediction: Bearish

The past four weeks of trading has brought the DASH market in a falling channel pattern on the 4-hour time frame. As we can see now, the price is under a bearish control as the market target nears the channel's lower boundary.

DASH's volume is still relatively low with a high probability of more price drops. The cryptocurrency may rally to the $87 support before reversing back above $90 to $95, $99 and $104 resistances. If the channel's lower boundary breaks, $84 and $70 support may come into play.

Since the mid-July crossover, DASH has remained within the RSI boundary, now revealed in a downward direction after the August 19 rejection at around $100. As suggested on the important MACD indicator, the price of DASH may still fall further.

DASH Short Term Price Prediction: Bearish

The bigger picture is revealed on the hourly chart as the price drops in a wedge pattern, but the bears are loading momentum as volatility becomes low. However, the next level of support to keep an eye on is $88. A further drop is likely at $86, $84, $82 and $80 supports.

DASH is currently the 15th largest cryptocurrency, holding a market cap valuation of $814.5 million with a trading of $171.6 million. On the hourly time frame, DASH has seen a small price increase to 0.0089BTC against Bitcoin. Still, the coin is down by 6.4%.

DASH has crossed back below the MACD zero level and with such a negative signal, we can expect the price to continue to drop.