Dash Price Prediction – Will DASH Price Hit $300 Soon?

This Dash (DASH) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our DASH price analysis and prediction.

As many cryptocurrencies appear to be moving sideways lately, we take note of other altcoins that have high potential. Others claim that Bitcoin and major currencies are merely taking dips at the moment; nothing more. However, others are looking for other alternatives that have high-profit potential and one of these is Dash.

For those who have been in the crypto community for a long time, Dash is a familiar name. It has joined the rest of the altcoins in rallying during the 2017 December bullish run alt season but today is a blank page. Will it become one of the best cryptocurrencies to invest in 2022? Will it join the top 10 cryptocurrencies in 2022 as well?

Before we proceed to those questions, let us first know what Dash is.

What Is Dash (DASH)?

Dash is a cryptocurrency that functions similarly to Bitcoin. In fact, Dash’s blockchain forked off from Bitcoin’s. Created in 2014, Dash initially took the name Darkcoin, suggesting anonymity and privacy for its transactions.

Over the years, Dash diverted its focus from providing anonymous transactions to speed and efficiency. Hence, the name Dash is created.

According to its website, Dash is popularly used globally as a more practical alternative to cash or credit cards. This is due to its low fees and fast transactions.

Dash has been consistently on the top 100 list for years. It has an all-time high (ATH) price of $1,642.22 per coin, according to CoinMarketCap.

Now that we know what Dash is, let us discuss whether DASH is a good cryptocurrency to invest in 2022. Let’s head to our chart in this Dash price analysis.

DASH Current Market Status

As of the time of writing this Dash price analysis, DASH trades at $100.63 with a 24-hour trading volume of $170,290,330. The price of DASH has increased by 4.84% in the last 24 hours. Furthermore, DASH has a current circulating supply of 10,588,191.86 DASH. Currently, the top cryptocurrency exchanges for DASH are Binance, Huobi Global, Gate.io, Kucoin, Bitfinex, ZBG, OKEx, and FTX.

Now, let’s proceed to the next part of this DASH technical analysis for 2022.

Dash Price Analysis

Currently, Dash holds 80th place on CoinMarketCap. But will the latest upgrades, developments, and changes in the DASH blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this DASH price prediction article.

From the William Alligator chart above for DASH/USDT, we can see that the jaw (blue curve is above), which means that the price of Dash has a possibility of dropping further, unless if more buying pressure overturns it soon so that the green curve (lips) could be above.

From the chart above, the relative strength index value of DASH/USDT is 43.61 which mean that it is in neutral or weak trend since the value lies between 30 and 50.

Since the 50-MA lies above the 30-MA for DASH/USDT, we can deduce that the price of Dash will be bullish in long term, hence investors can make gains soon.

Dash Price Prediction

The chart below shows that DASH has performed great over the past few days. If this trend continues, Dash might run along with the bulls, overtaking its $118.6 resistance1 level and climb higher to $270.6 at resistance5 level, 2022 bullish signal.

Conversely, if the investors turn against the crypto, the bears might take over and dethrone DASH from its uptrend position. In simpler terms, the price of DASH might plummet to almost $80.2, a bearish signal.

Meanwhile, our long-term DASH price prediction for 2022 is bullish. This year, it has a high possibility of surpassing its current all-time-high (ATH) at about $1,642.22. However, that will only happen if it breaks many previous psychological resistances.

Dash Price Prediction 2022

If this bullish trend continues, DASH will reach $270.6 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $154. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $300 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Dash Price Prediction 2023

The price of DASH can move even great heights, however reaching $500. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency DASH breaks past the psychological resistance level.

Dash Price Prediction 2024

As per the latest upgrades, developments, DASH price prediction, and new project forecasts of the platform. Moreover, this might boost the price of DASH in the crypto market, and it will be the best investment as the price can spike and reach around $700.

Dash Price Prediction 2025

In the next four years, DASH prices could race up to $1000. However, reaching this level could not be so difficult for DASH as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that DASH has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Dash Price Prediction 2026

In the next four years, DASH prices could race up to $2000. However, reaching this level could not be so difficult for DASH as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that DASH has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Conclusion

Dash has a bright future ahead of it in 2022. With the ongoing developments happening within the DASH ecosystem, as well as in the overall crypto market, we may see DASH reach new heights. Bullish DASH price prediction 2022 is between $154 to $270.6. It may even reach over $300 if investors have decided that DASH is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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