Dash Price Up 70%, BSV Gains 300%: Is a Price Correction Imminent?

pubblicato su by Cointele | pubblicato su

Bitcoin Cash has seen an increase of 54% in the past ten days, while Bitcoin SV is up 300% in the same period.

The price of Dash broke through the resistance of $57 with an all-time high in volume and started to rally towards the next resistance.

The next heavy resistance is found at the current level as the price rejected at the $87-90 level for a substantial amount of time.

The price of Dash broke through significant resistance at 0.0075 and continued to rally upwards.

Currently, Zcash is approaching the next resistance around $45, which would be interesting to spot how the price is going to react at that level.

If Zcash can't break up here, we're likely looking at 0.0047 satoshis as the first level to become support.

Monero is showing some signs of strength, as the price of Monero broke a 7-month old downtrend to the upside.

If the 0.0068 satoshis level flips as support, the price of Monero would be aiming the resistance area around 0.00765 satoshis again.

The price of BCH moved towards the next resistance area at 0.038, which is being tested as we speak.

First, the price broke through the resistance at 0.016 satoshis, flipped the 0.0188 satoshis level as support, and pumped towards the highs around 0.028 and 0.03 satoshis.