DASH gained 40% in one week amid new partnership announcements

DASH is one of the growth leaders, despite the recent decline.
FuzeX will issue cards with DASH support.

Tanya Abrosimova Independent Analyst

DASH is the 12th largest digital coin with current market value $1.7B and average daily trading volume $250M. DASH has jumped over 40% in the recent seven days to trade at $214.5 by press time. However, the coin has been rangebound during recent 24 hours, in sync with the overall cryptocurrency market.

Meanwhile, DASH treated its supporters with a new partnership announcement with FuzeX startup. The company provides payment solutions along with debit and credit cards that support up to 15 accounts integration. FuzeX card with DASH support will be issued in Q4 2018, which will stimulate the cryptocurrency adoption and support its real-life use case.

DASH technical picture

The first strong support comes at $212, strengthened by SMA50 (1-hour chart), closely followed by SMA100 (1-hour) at $206. Once it is cleared, the downside may be extended towards 191 (SMA200, 1-hour chart). On the upside, the nearest resistance is seen at $223 (September 3 high).

DASH/USD, 1-hour chart

Get 24/7 Crypto updates in our social media channels: Give us a follow at @FXSCrypto and our FXStreet Crypto Trading Telegram channel

Author

Tanya Abrosimova

Independent Analyst

Top Crypto Losers: Zcash, Pump.fun, and LayerZero extended losses as Bitcoin loses $65,000

The cryptocurrency market starts the week in panic mode, with altcoins Zcash, Pump.fun, and LayerZero. Bitcoin falls below $65,000 as the US President Donald Trump regroups amid renewed trade policy risks.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC breakdown hints at deeper correction

Bitcoin, Ethereum and Ripple prices are extending losses on Monday after falling slightly the previous week. BTC is slipping below the lower consolidation range at $65,000, and ETH is falling below $1,900, both extending their six-week losing streaks.