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NOWPayments welcomes DASH transactions; Dash Investment Foundation announces maiden proposal


Dash is ranked at #16 after it overcame Ethereum Classic during the previous week in the market. The price sunk at a rate of 1.57% in the course of the past 24-hours. The trading volume recorded is $178.408 million, while the supply has 9,032,571 DASH coins involved in circulation. As of this instant, DASH is priced at $84.89. The total market cap of Dash is $766.795 million.

Dash was about to reach overbought territory a few days ago before the sellers started driving the price down once again. According to the data obtained from the DASH/USD candlestick chart on tradingview, support lies near $81.778. Barriers may hamper growth of the altcoin beyond $89.84.

The last 10 Awesome Oscillator peaks to the north of the zero line have all been brown. The current one waned below the line, thus pointing to bearish force exerting dominance in the market. The MACD line ventured lower than the signal line a day ago as the trend changed. The 4-hourly RSI is at 47.72.

Dash is the most used cryptocurrency in Venezuela, states Ryan Taylor of DASH Core. Although this has been disputed, there are over 10,000 active wallets associated with Dash in this Latin American nation. Venezuela has been crippled by hyperinflation for the past few years, and so far, the economy is yet to bounce back.

Dash has a budding community in Thailand, Nigeria and various other nations scattered across the globe. They should now try focussing on areas in India, China, and Pakistan, as these countries house a massive number of people [almost 3 billion]. Thus their targeted pool will expand, and people shall get introduced to PrivateSend, InstaSend, and so on.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.