Dash (DASH) Reflects Recovery After Month-long Bearish Run

Dash (DASH) price is slowly moving towards a stable upward momentum after a slow start to the year. The past month has seen the price of the coin put up a brave performance despite continuous bear pressure, with the price moving between $43 – $115.

Dash Price Analysis

Dash coin was trading under continual bear pressure, as evident from the price trend of the past 30 days. In the last month, DASH price was trading above $100 price mark, and currently, it is at $58. On February 19, starting from a high note at $115.24, the coin had a massive fall of almost 28%, and the price touched $82.80 in the next 7 days. After this fall, the currency continued to fight the bear pressure and took an upward rally to $92.89 on March 06.

DASH/USD Chart By TradingView

With the continual bear pressure, the price of Dash coin again took a hit on March 13 and went down to the extent of 53.45% at $43.04. Yesterday, the currency again managed to recover, and the price reached $58.67 by 36.30% hike.

DASH has been withholding the bear pressure after a sluggish start to the year for the past 30 days. Analysts expect the coin to get more stability during the coming months bringing hope to the investor community. Investors should continue to hold on to their investments as Dash has great future potential.

Lili Chuang

Lili Chuang is a finance professional with an experience of over a decade in news writing. Recently, she has joined the CoinNewSpan team as a sub-editor. She is a firm believer of blockchain technology and cryptocurrencies. She curates contents regarding the latest insights into the crypto-market. In her free time, she loves to explore new places and connect with influential people of crypto space.

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Lili Chuang