Dash (DASH) Price Prediction 2022 – Will DASH Hit $200 Soon?
- Bullish DASH price prediction is $54 to $184.5.
- The DASH price will also reach $200 soon.
- DASH bearish market price prediction for 2022 is $38.4.
In Dash (DASH) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about DASH to analyze the future movement of the cryptocurrency.
Dash (DASH) Current Market Status
According to CoinGecko, the price of Dash (DASH) is $44.21 with a 24-hour trading volume of $42,835,5034 at the time of writing. However, DASH has decreased to 2.3% in the last 24 hours.
Moreover, Dash (DASH) has a circulating supply of 10,893,317 DASH. Currently, DASH trades in cryptocurrency exchanges such as Binance, MEXC, OKX, Deepcoin, and Bybit.
What is Dash (DASH)?
Dash (DASH) is a privacy-focused cryptocurrency existing on its own Dash blockchain. Eventually, it was forked from Litecoin in 2014. DASH was launched initially as the XCoin a.k.a Darkcoin. Later on, the coin was renamed as Dash (DASH).
Masternodes, PrivateSend, and InstantSend are the prime characteristics of Dash. Masternodes enable Dash blockchain to process all transactions faster and instantly. While PrivateSend and InstaSend confer more security, privacy, and anonymity to all the transactions on the blockchain.
Dash (DASH) Price Prediction 2022
Dash (DASH) holds the 88th position on CoinGecko right now. DASH price prediction 2022 is explained below with a weekly time frame.
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish, although it appears after a bearish trend. The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern. If the falling wedge appears in a downtrend, it considered as reversal pattern.
A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
Currently, Dash (DASH) is at $44.21. If the pattern continues, the price of DASH might reach the resistance level of $50.4, and $57.8. If the trend reverses, then the price of DASH may fall to $43.2.
Dash (DASH) Support and Resistance Levels
The chart below shows the support and resistance levels of Dash (DASH).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Dash (DASH).
|Resistance Level 1||$54|
|Resistance Level 2||$78.1|
|Resistance Level 3||$103.6|
|Resistance Level 4||$136.6|
|Resistance Level 5||$184.5|
The charts show that DASH has performed a bullish trend over the past month. Moreover, if this trend continues DASH might run along with the bulls overtaking its resistance level at $184.5.
Accordingly, if the investors turn against the crypto, the price of the DASH might plummet to almost $38.4, a bearish signal.
Dash (DASH) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Dash (DASH) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Whereas, the RVOL of DASH lies below the cutoff line, indicating weak participants in the current trend.
Moreover, the Moving Average (MA) of Dash (DASH) is shown in the above chart. Notably, the DASH price lies below 50 MA (short-term), so it is completely in a downward trend. Currently, DASH is in a bearish state. More so, there is a possibility of a reversal trend of DASH at any time.
Meanwhile, the relative strength index (RSI) of the DASH is at a level of 47.14. This means that DASH is NEARLY in an oversold state. However, this gives confidence to the traders to trade without any fear.
Dash (DASH) Price Prediction 2022 — ADX, RVI
Let us now look Average Directional Index (ADX) of Dash (DASH). It helps to measure the overall strength of the trend. Further, the indicator is the average of the expanding price range values. Furthermore, this system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Dash (DASH). Currently, DASH lies in the range of 21, so it indicates a `weak trend.
From the above chart, the Relative Volatility Index (RVI) of Dash (DASH). RVI measures the constant deviation of price changes over a period of time rather than price changes. Moreover, the RVI of DASH lies below 50, indicating higher volatility. In fact, DASH’s RSI is at 47.14, thus confirming a potential sell signal.
Comparison of DASH with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Dash (DASH).
In addition, from the above chart, we can interpret ETH, BTC, and DASH are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and DASH also increase or decrease respectively.
Dash (DASH) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Dash (DASH) might probably attain $210 by 2023.
Dash (DASH) Price Prediction 2024
With several upgrades in the network, Dash (DASH) might enter a bullish trajectory. Hence more, if the coin grabs the attention of major investors, DASH might rally to hit $245 by 2024.
Dash (DASH) Price Prediction 2025
Formerly, if Dash (DASH) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, DASH would rally to hit $270.
Dash (DASH) Price Prediction 2026
Meanwhile, if Dash (DASH) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, DASH would rally to hit $300.
Dash (DASH) Price Prediction 2027
Furthermore, if Dash (DASH) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, DASH would rally to hit $335.
Dash (DASH) Price Prediction 2028
In contrast, if Dash (DASH) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, DASH would hit $365.
Dash (DASH) Price Prediction 2029
If investors flock in and continue to place their bets on Dash (DASH), it would witness major spikes. DASH might hit $390 by 2029.
Dash (DASH) Price Prediction 2030
With greater advancements in the Dash ecosystem, the crypto community might continue to invest in Dash (DASH) for the next 8 years and drive significant price rallies for the token. Hence, Dash (DASH) might hit $430 by 2030.
With continuous improvements in the Dash network, we can say that 2022 is a good year for DASH. For this reason, the bullish price prediction of Dash (DASH) in 2022 is $184.5. On the other hand, the bearish price prediction of Dash (DASH) for 2022 is $38.4.
Furthermore, with the advancements and upgrades in the Dash ecosystem, the performance of Dash (DASH) might hit $200 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $410.26 in the near future.
Dash (DASH) is a privacy-focused cryptocurrency that was forked from Litecoin (LTC) in 2014. Dash blockchain is based on Bitcoin blockchain code.
Dash (DASH) has been listed on many crypto exchanges which include Binance, FTX, Coinbase, OKX, FTX, WhiteBIT, ZB, HitBTC, MEXC, KuCoin, Huobi global, Crypto.com, and ZB.Com.
With the ongoing developments and upgrades within the Dash platform, Dash (DASH) has a high possibility of reaching its ATH soon.
On May 10, 2021, Dash (DASH) reached its new all-time high (ATH) of $410.26.
Dash (DASH) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Dash in the past few months, DASH is considered a good investment in 2022.
Dash (DASH) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Dash (DASH) will hit $200 soon.
Dash (DASH) price is expected to reach $210 by 2023.
Dash (DASH) price is expected to reach $245 by 2024.
Dash (DASH) price is expected to reach $270 by 2025.
Dash (DASH) price is expected to reach $300 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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