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What Is the Dash price prediction today
AT A GLANCE
- In 2024, Dash price is expected to reach $124.36956419034327, according to some experts
- 2025 promises to be turbulent, with prices ranging from $3.163156545881562 to $150.64533049760942, with TradingBeast predicting a breakthrough leading to a price rise to $150.64533049760942
- By 2030, DASH price can hit $124.36956419034327
Dash fundamental analysis
Dash is a cryptocurrency on the Dash network — a fork of Litecoin designed to make digital payments fast, easy and cheap. The project was launched in January 2014 and is one of the oldest projects in the space. It was initially called XCash, later renamed as Darkcoin, in 2015 settling for “Dash”, which is short for “digital cash”.
Dash was conceived as a faster and more private alternative to the dominant cryptocurrencies at the time, as it became evident that those coins are not up to the task. As the user base of, for example, Bitcoin grew, so did the transaction times and costs. There are also privacy issues inherent to Bitcoin (or most of its forks) — its transparency means that the entire transaction history is traceable, making Bitcoin non-fungible in many cases — i.e. some bitcoins are “more equal than others”. Dash solves these issues, which are non-conducive to a currency aiming to be an everyday means of payment, using a unique two-tier network architecture. It’s composed of miners and so-called Masternodes, which enables such features as instant transactions, privacy tools, very low fees, etc., which make Dash useful even for small everyday transactions such as buying a cup of coffee. Dash’s team prioritizes partnering with merchants to ensure that as many as possible take Dash as a means of payment. Dash coin is also used inside the network for staking and governance.
Dash live price chart
The crypto market bull run of the first half of 2021 included Dash, too, as this cryptocurrency’s price went from ~$100 in December 2020 to more than $300 in February. After a correction, which lasted about a month and saw the Dash price fall a little under $200 at one point, Dash surged again — this time even higher, by May reaching $476.85, which is its highest price since early 2018. When the market plunged later in May, Dash did too — first quickly falling to ~$200 by the beginning of the summer and later gradually climbing further down towards ~$110. In the second half of July, Dash’s price experienced a possible trend reversal, reaching ~$160 by the end of the month. This might be a sign of the pending market recovery.
Dash technical analysis
Dash price went through a consolidation towards $130 point in the first half of summer 2021. Taking a closer look, one can see a short bearish channel, lasting from July 1 to July 18. On July 19, after this period of (low-volatility) trading inside the channel, Dash’s price exited this channel and shot up, easily breaking through the previous resistance level at $145. By late July it remains to be seen whether Dash will be able to break another possible resistance at ~$179, as well as the level of the double tops seen in early June when it reached ~$212.
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Dash price prediction
Dash price predictions summary
Dash price prediction for 2024
Dash price prediction for 2025
Dash price prediction for 2026
Dash price prediction for 2027
Dash price prediction for 2030
FAQ
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Summary
As it can be clear from the analysis cited above, Dash (DASH) projections are rather contradictory. There is no universal consensus either about positive or negative future DASH price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Dash projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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