Dash is lagging behind the market as we all know. Looks like the grey area is a good time to buy. Orange should be used to take out the initial risk and any levels above should be used to scale out.
Why dash hasn't pumped compared to others alts I ask these questions everyday. The low staashois from this year low (2330 stashois) to 3400 stashois is not even 1X while the other alts have done min 10x this cycle atleast.
mptrading74675
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@toqetomalik there is a lot of competition in the market. Look at the total market cap. Not all cryptos can reach new all time highs.
Ayedoe11
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@michaelperkuhn DASHUSD Will looks at the price action on the Month chart
bai_m
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@toqetomalik yes, Dash has a small marketcap. However community is strong and loyal towards it. It will « pump » soon enough, even though I consider Dash being a ‘saving investment’.
shmas2233
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Please sir, can you update the icp/ USDT analysis and I will be very thankful for you
mptrading74675
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@shmas2233 Hey. I haven't ever looked into it but it looks like it's about to start it's wave three (mostly the longest) like many other cryptos
testertje777
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I always fall back to Dash to kind of understand in which phase of the market we are.
It really makes me believe that this bull cycle will keep going for at least another 6-8-10 months, despite people calling for a market peak in December this year.
I believe this cycle will be way more extended than people would have kept in mind.
mptrading74675
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@testertje777 the Dash price chart could also be truncated or extended. Noone knows. I trade what I see, so I ignore that december narrative which is based on only two peaks anyway.
Longbitcoin
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Dash is just a failed project. Nobody needs it like BCH or BSV. in btc terms it will loose value over time. but yes in altseason it will pump but new projects and narratives will pump much better