DASH turning green after steady increase in mainstream adoption.

Тема в разделе "English", создана пользователем Trading Ideas, 5 окт 2019.

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    DASH turning green after steady increase in mainstream adoption.
    Dash / Bitcoin POLONIEX:DASHBTC
    CryptoPaily
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    DASH BTC has been on a downtrend for a while and went further down after being delisted on several major exchanges due to being a privacy coin.
    However, DASH has found large mainstream adoption in several countries such as Venezuela with a large number of merchants and even ATMs.
    The hash rate of DASH has been climbing at an accelerated rate and is at all-time highs.

    The hash rate is a good indicator of mainstream interest
    https://bitinfocharts.com/comparison/dash-hashrate.html#2y

    The average transaction value is also going down steadily which shows that more of the general public is using this platform compared to before.
    https://bitinfocharts.com/comparison/transactionvalue-dash.html#log&2y


    From the price action point of view, the weekly MACD has just turned bullish and RSI has entered oversold territory.
    The price has found support on a historical resistance. It could go a bit further down by around 20% to the next support but is poised to go much higher in the coming weeks.


    *Not financial advice. Probabilities not certainties. Please do your own research.
     
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