Dash price reacts as PolisPay integrates DASH on its MasterCard crypto debit card

  • Dash price finally escapes the range resistance at $86.
  • PolisPay believes the support will have a profound impact on the Dash community.

 DASH/USD is leading the bullish correction on the cryptocurrency market in the afternoon session on Tuesday. The cryptos are steadily coming out the lull following the low trading activity since the last weekend. The majority of the assets are correcting higher with gains between 0.1% and 6%. Dash is leading this recovery as mentioned having added over 6% to its value.

The 1-hour DASH/USD chart shows that the price has finally escaped the range resistance between $80 - $86. Since the drop in the first week of March, the crypto has not been able to break out of the range. Instead, the lock-step has strengthened the support at $80.00.

Dash is currently trading at $88.70 after correcting higher in two successive candlesticks. Moreover, it has tested the resistance at $90.00. Further correction is expected as the news of PolisPay Debit Card integration spreads. It is vital that the bulls defend the resistance turned support at $86 in order to allow the crypto time to gather strength and attack $90 and eye $100 in the medium-term.

DASH/USD 1-hour chart

Meanwhile, Dash is celebrating the news that PolisPay has officially integrated Dash as a payment solution. The news comes after the payment platform announced the beta for its Mastercard cryptocurrency debit card.

“As Dash has always pushed towards innovation and cryptocurrency adoption, we have found great potential in the PolisPay project, and we believe this breakthrough will have a profound impact for Dash users and the whole crypto community.”

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

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin may extend the recovery once Gold resumes the rally

Bitcoin has been creeping higher towards $12,000, ETH struggles at $400, while some altcoins rush forward to new highs. Thus, Bitcoin Cash and Monero gained 10% in the recent 24 hours, while EOS increased by 6%. 

More Bitcoin News

XRP/USD daily bull flag awaiting confirmation to breakout above $0.346

XRP/USD is trading at $0.309 while daily EMAs remain far away from the price. The daily bull flag is the most important pattern for XRP in the short-term. XRP continues fighting to remain above $0.30 ...

More Ripple News

Grayscale wants to register its Ethereum-based trust with SEC

Grayscale Investments submitted an application with the US Securities and Exchange Commission to register its Ethereum-based Trust. The company emphasized that the filing is voluntary, however, the registration will entail additional compliance requirements.

More Ethereum News

How long can TRX/USD sustain this 6-months ascending channel?

Tron price action has continued to take down key barriers from the massive losses in March. Even though the recovery has been as rapid as witnessed in other altcoins, TRX/USD price action speaks slow and steady out loud.

More Tron News


Bitcoin Weekly Forecast: BTC hit the pause button before a decisive breakthrough

Bitcoin lived through a wild roller-coaster move during the previous weekend. The coin hit the new 2020 high above $12,000 and crashed to $10,500 in a matter of hours. 

Read the weekly forecast