• Dashcoin reversed from support zone
• Likely to rise to resistance level 200.00
Dashcoin cryptocurrency recently reversed up from the support area located between the pivotal support level 170.00, which has been from the start of October and the lower daily Bollinger band. The upward reversal from this support area stopped the previous short-term ABC correction 2 – starting the active impulse wave 3.
Given the clear daily uptrend and the improving risk dollar as seen across the cryptocurrency markets today – lead by Bitcoin gains, Dashcoin cryptocurrency can be expected to rise further toward the next resistance level 200.00.