Dash:
This is not financial advice, take it with a grain of salt. This is technical analysis using channels, fib charts, and market sentiment.
DASH is Bitmain’s hustle, Bitmain sells the most powerful DASH miner at the moment and it’s one of the most used coins in Asian markets. DASH is a super volatile coin and it could be due to miners liquidating their coins. I really look at this as a miners coin since it’s one of the most profitable coin to mine. With Bitmain’s machine a couple months ago you could spend 2800 on a D3 miner and return of 10k each month. I was personally trying to buy one, but it would sell out within 5 minutes at 4 AM Pacific Standard time O.o . This is a good coin to hold, but you have to have balls of steel through all the volatility. I have displayed a buy zone until the next big bounce which I predict to start end of 2018.
Good luck with this one folks. Also, if $BTC continues to rally throughout the year all the alt-coin prices will shrink and skew. Meaning the fib charts would do the same. The number shown here could be much lower.
This is not financial advice, take it with a grain of salt. This is technical analysis using channels, fib charts, and market sentiment.
DASH is Bitmain’s hustle, Bitmain sells the most powerful DASH miner at the moment and it’s one of the most used coins in Asian markets. DASH is a super volatile coin and it could be due to miners liquidating their coins. I really look at this as a miners coin since it’s one of the most profitable coin to mine. With Bitmain’s machine a couple months ago you could spend 2800 on a D3 miner and return of 10k each month. I was personally trying to buy one, but it would sell out within 5 minutes at 4 AM Pacific Standard time O.o . This is a good coin to hold, but you have to have balls of steel through all the volatility. I have displayed a buy zone until the next big bounce which I predict to start end of 2018.
Good luck with this one folks. Also, if $BTC continues to rally throughout the year all the alt-coin prices will shrink and skew. Meaning the fib charts would do the same. The number shown here could be much lower.