DashCoin price loses momentum – Analysis - 18-10-2019
Economies.com
2019-10-18 05:11AM UTC
DashCoin price settles below the previously broken support of the bullish channel, falling under the negative pressure formed by the EMA50, while stochastic shows negative overlapping signal now.
Therefore, we believe that the chances valid to trade negatively in the upcoming sessions, and the price needs to break 64.40 to confirm rallying towards 50.00 as a next station, reminding you that it is important to hold below 73.30 to continue the expected decline.
The expected trading range for today is between 60.00 support and 72.00 resistance
The expected trend for today: Bearish
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