DASH/USDT is trading in narrow range between USDT9.49 and USDT8.64 for the past three trading session (Poloniex). It is currently trading around USD8.96 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT8.99

Kijun-Sen level: USDT10.01

Trend reversal level - (100 day MA) – USDT11.30

Long- term trend remains to be bearish. The pair upside is capped by 200- day MA and any close above confirm minor bullishness.

Major resistance is around USDT9.38 (200- day MA) and any break above targets USDT9.94 (21- day MA) /USDT10.91 (55- day EMA). Short-term support is seen at USDT8 (Oct 29th low) and any break below targets USDT6.70 (7th Jul low).