Markets· ★★· bearish·

Dash drops 10.5%, ending a month-long rally

  • —24-hour drop of 10.53% to $60.02 after a $67.23 high
  • —Support zone at $59.25–59.34: 38.2% Fibonacci and 20-day SMA
  • —MACD turned bearish with histogram at -0.49
  • —30-day return still +46.34%, price 68% above the 200-day SMA
Why it matters: Holding the $59 range will determine whether this is a pullback within an uptrend or the start of a deeper decline.
Source: DiarioBitcoin