您现在的位置是:Dash price prediction: Why DASH is felll sharply today >>正文
Dash price prediction: Why DASH is felll sharply today
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛4人已围观
简介Dash price outlook after SEC lists tokens as securities in complaint against Bittrex.DASH/USD traded...
- Dash price outlook after SEC lists tokens as securities in complaint against Bittrex.
- DASH/USD traded nearly 6% lower on Monday, with the 24 hour losses coming after the SEC news.
- Cryptocurrencies were also down after Bitcoin and Ethereum retreated from recent highs.
The prices of Dash (DASH) and Algorand (ALGO) traded lower as the SEC’s complaint against cryptocurrency exchange Bittrex listed the tokens among others as securities.
DASH price was down 5.8% on Monday afternoon (around 1:15 pm ET) as it traded near $58.19.
Dash price outlook- why is DASH down?
As CoinJournal reported earlier, the SEC claims that Dash, Algorand, OMG Network, TokenCard and Naga investors had reason to expect profits for their investment. As such, the tokens should have been registered as securities.
The regulator has charged Bittrex and its former CEO William Shihara for violating US securities laws.
Amid recent buy pressure, DASH/USD had traded from lows of $54 on 12 April to hit highs of $62. It was the token’s highest price since 24 March 2023 when it traded above $63,
However, with news of the SEC’s complaint against Bittrex, Dash has retreated from intraday peaks. The dip sees DASH down more than 96% from its all-time high of $1,493 reached in 2017. During the last bull market, the price of Dash rose to $444.
The DASH market today did not just suffer from the news from the SEC. Earlier in the day, the broader crypto market had shed some of recently accumulated gains as a correction materialized. This after Bitcoin retreated from its recent pump to above $31,000 and altcoins that had briefly thrived in the wake of Ethereum’s breakout to above $2,100 also cooled off.
While the view is bullish, Bitcoin price prediction suggests a retest of $28,800 as support is possible. In that case, a further dip for DASH could happen and see the price of the privacy-centric token head towards $54.
The Dash daily RSI indicator is dipping downwards near the 50 mark, while the MACD is showing weakness after last week’s strong move.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/9913.html
相关文章
Chiliz rallies on Ronaldo partnership with Binance
Dash price prediction: Why DASH is felll sharply todayThe crypto market was in the red this morning, with the majority of top 10 cryptos registering losse...
阅读更多
No need to ignore crypto skeptics, Binance CEO says
Dash price prediction: Why DASH is felll sharply todayBitcoin has been called just about anything and virtually “nothing” by skeptics over the...
阅读更多
Cryptos register gains, all major US indices surge
Dash price prediction: Why DASH is felll sharply todayThe crypto markets were in the green this morning, with the majority of top 10 cryptos registering g...
阅读更多
热门文章
- Intel develops Core 14th Gen processors with gamers in mind
- Ethereum hits new ATH: Here’s where to buy it
- Hisense introduces world's first 8K Sonic Screen Laser TV
- Learn where you can buy Dogelon Mars now.
- Scientists make new proteins with artificial DNA
- Is Cardano finally about to breakout? Charts pointing to a huge rally soon
最新文章
Which Privacy Coin should you invest in?
Bitcoin surges past the $22k level as bulls regain control
Stellar to work with payment firms for remittances into Africa
How likely will Ethereum rebound at the $1000
Revuto unveils Netflix and Spotify digital subscriptions via Revulution NFT
No end to Quant’s rally in sight: top places to buy Quant now