- Bullish DASH price prediction is $54.03 to $136.57.
- Dash (DASH) price might also reach $150 soon.
- Bearish DASH price prediction for 2022 is $38.44.
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 $ 40.57 with a 24-hour trading volume of $ 50,544,517 at the time of writing. However, DASH has increased by nearly 8.1% in the last 24 hours.
Moreover, Dash (DASH) has a circulating supply of 10,918,697 DASH. Dash (DASH) trades in cryptocurrency exchanges such as Binance, Coinbase Exchange, KuCoin, Gate.io and Bitfinex
What is Dash (DASH)?
Dash (DASH) is a privacy-focused cryptocurrency existing on its own Dash blockchain. Dash 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 94th position on CoinGecko right now. DASH price prediction 2022 is explained below with a daily time frame.
The above chart of Dash (DASH) laid out the Falling Wedge.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing.
From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Dash (DASH) is in the range of $40.13 If the pattern continues, the price of DASH might reach the resistance levels of $44.32, $49.73 and $58.53. If the trend reverses, then the price of DASH may fall to $39.46.
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 | $54.03 |
| Resistance Level 2 | $78.06 |
| Resistance Level 3 | $103.64 |
| Resistance Level 4 | $136.57 |
| Support Level | $38.44 |
The charts show that Dash (DASH) has performed a bullish trend over the past month. If this trend continues, DASH might run along with the bulls overtaking its resistance level at $136.57.
Accordingly, if the investors turn against the crypto, the price of Dash (DASH) might plummet to almost $ 38.44, 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. Currently, the RVOL of DASH lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Dash (DASH) is shown in the chart above. Notably, Dash (DASH) price lies above 50 MA (short-term), so it is in an uptrend. Currently, DASH has entered a bullish state. Therefore, there is a possibility of a reversal trend of DASH at any time.
Meanwhile, the relative strength index (RSI) of the DASH is 36.96. This means that Dash (DASH) is in an oversold state. However, this means a major price reversal of DASH may occur in the upcoming days. So, traders need to trade carefully.
Dash (DASH) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Dash (DASH). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. 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, the ADX of DASH lies in the range of 13.67 and thus, it indicates a weak trend.
The above chart also represents the Relative Volatility Index (RVI) of Dash (DASH). RVI measures the constant deviation of price changes over a period of time. The RVI of DASH lies below 50, indicating low volatility. In fact, the RSI of Dash (DASH) is at 36.96 thus confirming a potential bought signal.
Comparison of DASH with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Dash (DASH).
From the above chart, we can interpret that the price action of DASH is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of DASH increases.When the price of BTC and ETH decreases,the price of DASH decreases.
Dash (DASH) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Dash (DASH) might probably attain $155 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 $160 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 $165.
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 $170.
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 $175.
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 $180.
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 $185 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 $190 by 2030.
Conclusion
With continuous improvements in the CardanoNetwork, we can say that 2022 is a good year for DASH. For this reason, the bullish price prediction of Dash (DASH) in 2022 is $136.57. On the other hand, the bearish price prediction of Dash (DASH) price prediction for 2022 is $ 38.44.
Furthermore, with the advancements and upgrades to the Basic Attention Token ecosystem, the performance of DASH would help to reach above its current all-time high (ATH) of $1,493 very soon. But, it might also reach $150 if the investors believe that DASH is a good investment in 2022.
FAQ
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, Coinbase Exchange, KuCoin, Gate.io and Bitfinex.
With the ongoing developments and upgrades within the Dash platform, Dash (DASH) has a high possibility of reaching its ATH soon.
On December 20 2017, Dash (DASH) reached its new all-time high (ATH) of $1,493.
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 $150 soon.
Dash (DASH) price is expected to reach $155 by 2023.
Dash (DASH) price is expected to reach $160 by 2024.
Dash (DASH) price is expected to reach $165 by 2025.
Dash (DASH) price is expected to reach $170 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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