• Dashcoin reversed from resistance level 150.00
• Likely to fall to support level 120.00
Dashcoin cryptocurrency recently reversed down from the key resistance level 150.00 (former strong support from the end of September) which stopped the price at the start of this month as can be seen from the daily Dashcoin chart below). The resistance zone near the resistance level 150.00 was strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of the downward impulse form last month.
Given the worsen sign risk sentiment as seen across the cryptocurrency markets today – Dashcoin cryptocurrency can be expected to fall further toward the next strong support level 120.00 (which has been reversing the price form the star of this month).