Dash Cryptocurrency Sets Record Above $500, Building Base – Bitcoints

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Published on November 13th, 2017 | by bitcoin

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Dash Cryptocurrency Sets Record Above $500, Building Base

Dash Cryptocurrency Sets Record Above $500, Building BaseAfter setting a new record above $500 on Sunday, the sixth-largest cryptocurrency by market capitalization fell back to near $350 today before regaining poise above the $400 mark.
As per CoinMarketCap, the cryptocurrency is up 4.58 percent over the last 24 hours, and 48 percent in the last month.
The price chart analysis suggests the base has shifted higher to around $380 levels and that prices could revisit record highs sooner rather than later.
Dash chart

The above chart shows:
Prices spiked after spending a better part of the last month defending the support level of $250.
Given the upward sloping nature of the key moving averages, the base appears to have shifted higher to around $380 levels.

Source: Www.coindesk.com

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