Dash Grew 1,426% In 2021; New 1,000%+ Bullish-Growth Potential

3 Sep

My dear friends, this is an interesting chart and we have plenty of data to consider. This is a Tether (USDT) pair —DASHUSDT.

The all-time low was hit just now, August 2024. A double bottom is also present, July 2024. This is great news for Dash lovers, as it signals that the market is ready to turn.

A turning point now, after three years and a half of red, means the start of the next bull-market. ➢ Dash's bull-market starts now and we are very likely looking at the bottom in August 2024.

Note: The bottom is in, very likely, but, if this isn't the bottom all that is recommend at this point is buy; buy, buy, buy, buy more and hold. Huge potential ahead.

Let's start with the short-term action and expand until we reach the bigger picture.

Currently, DASH is green after producing the ATL just mentioned. The action recently moved back above the low that was hit in August 2023, more than a year ago. This is a strong bullish development and is shown here with a purple line on the chart. While DASHUSDT trades above this level, $22.22 (Aug. 2023 LOW), the bullish bias is active and 100% valid.

There can be swings and shakeouts. There can be panics and all that but this wouldn't change our long-term bias. Even if Dash were to move for a few days or weeks below the above mentioned level, we would still consider it a great long-term hold. This is a solid project and great to diversify as well, specially if you have a big capital and need many options. Are we still doing the smartnodes?

➢ DASHUSDT grew by more than 1,400% in its last bull-market. The low for this cycle happened March 2020, 4.5 years ago. The entire process lasted 420 days. Really solid, looking nice, pretty strong.

We have a lower low, therefore we will not consider a new All-Time High (ATH). Growth potential is still great.

The first target goes for 125% and I think it shouldn't even be mentioned, this is pretty easy. 366% can also be achieved without problem around $114.

Going further, based on technical analysis using Fib. projections, we have 600% as the main target.. This would sit around ~$170.

Knowing Crypto, knowing that the market likes to inspire, surprise and wow!, we have to consider higher targets and these go as follow:

1) 845% at $232
2) 1,089% at $291

Thank you for reading.

Prepare for a long-term bullish ride.

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