fxstreet.com 16 Feb, 2021 11:15 am

Dash price on track to reach $400 with little to no opposition ahead

Dash price on track to reach $400 with little to no opposition ahead
Dash price broke out of a year-long symmetrical triangle pattern in late November 2020. Since then, the price has surged by nearly 200%. While the bul

Dash price broke out of a year-long symmetrical triangle pattern in late November 2020.Dash price primed for another parabolic run-up Dash price tested the symmetrical triangle's upper trendline thrice before violently surging higher.The symmetrical triangle formation forecasts a 330% surge, which is the distance between the price's pivot high and low, measured from the breakout point.With little to no resistance ahead of this privacy coin, a 60% upswing to $400 seems likely.

DASH/USDT 3-day chart Based on IntoTheBlock's In/Out of the Money Around the Price (IOMAP) model, there aren't any credible supply barriers ahead of the privacy coin.At the time of writing, DASH is trading at $265 on the 3-day chart gathering momentum to reach its target at $400.

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