This is Dash coin price prediction and technical analysis for February 2021. Dash has made a nice rebound in January end crossing three figure.
This came as a surprise to many since Dash coin was delisted by Bittrex as it was slapped for being a privacy coin even though most of its transactions are as transparent as bitcoin.
Anyway, here is out outlook for Dash for month of February 2021. Ichimoku indicator indicates we have good support at $240 and stronger support at $230. We expect Dash to hold these levels and make its move to $300.
We are also predicting Dash to cross $350 in February 2021 but we must turn current resistance of $265 into support in order to do that. While MACD looks a bit extended on the daily, Dash has been in accumulation since its $1600 top in 2018.
We did have a nice pump in early 2020 but that was probably a test pump and we will definitely be making all time highs unless more cryptocurrency exchanges decide to act against privacy altcoins.
So, far our short term Dash price target for February 2021 is $300 and mid term price target is $350. If things get crazy, you can see in chart that next levels to watch for are $390 followed by $560.
Kamal Singh is executive editor of CryptoCoinDaddy. He owns degree in Masters in Computer Applications and is behind many successful technology projects.