DASH/USDT is seen struggling to break above 200 DMA on Monday. The pair has jumped till USDT9.66 at the time of writing and slightly declined from that level (Poloniex). It is currently trading around USDT9.23 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT8.97

Kijun-Sen level: USDT8.95

Trend reversal level - (100 days MA) – USDT10.34

Long-term trend remains to be bearish. DASH/USDT faces strong resistance at 200- day MA and slight bullishness can be seen only above that level.

Major resistance is seen at USDT9.79 (200- day MA) and any break above targets USDT10.34 (100- day MA)/USDT10.54 (Nov 8th high). Short-term support can be noticed at USDT8.95 (daily Kijun-Sen) and any break below targets USDT8.20 (Oct 29th low)/ USDT6.70 (7th Jul low).