Markets· ★★· bearish·

DASH drops 12.7% to $48.14 on above-average volume

  • —DASH trades at $48.14, below its 7-, 15-, 30- and 50-day SMAs
  • —Daily volume of $91.62 million is 14.48% above the 30-day average
  • —RSI sits at 41.7 while the MACD histogram remains positive
  • —Binance's removal of the DASH/BTC pair is a possible but unconfirmed catalyst
Why it matters: Losing a pair on a major exchange cuts a trading route for DASH; with no open interest or liquidation data, the cause of the drop remains unverified.
Source: DiarioBitcoin