Dash Price Prediction 2022-2026-Will The Price Of DASH Hit $160 By The End Of 2022?

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Dash Price Prediction 2022-2026-Will the Price of DASH Hit $160 by the end of 2022?

DASH is the native token of DASH platform. Dash is marketed to both individual users and institutions, including merchants, financial services, traders, and those who need to send international remittances. In October 2020, Dash Core Group reported that its strategic objectives moving forward include building its ecosystem and brand, ensuring that users are satisfied and further advancing the technology behind the network. Dash uses a two-tier network to secure its transactions. The first tier consists of nodes that carry out mining operations under a proof-of-work consensus protocol, meaning that they compete to solve complex cryptographic problems and at least 51% of nodes must approve a transaction for it to be added to the blockchain. What is Dash (DASH)? Dash was founded by software developers Evan Duffield and Kyle Hagan. The project was originally called XCoin, changing its name to Darkcoin two weeks later before rebranding again to Dash in March 2015 in an effort to positively change its image. Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project’s white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions. Now, we shall look at the Dash price analysis for the coming years. Flashback: Fundamental Analysis of DASH The adoption of DASH is increasing around the world. A news report by Thenewsminute noted that there are over 159,000 merchants that are accepting DASH as a means of payment. This growing number coupled with the over 295 cryptocurrency exchanges that broker transactions in DASH will lead to a surge in its price. However, its adoption depends mostly on how Bitcoin is accepted globally. In a recent news in Dash official website, it was noted that an upgrade to its Testnet had been done to version v0.22. This will ensure that transactions in DASH are completed almost instantly at a very minimal fee. Many crypto users are moving towards directions of cryptocurrencies with good future forecast and low transaction fee. We shall now consider what charts is showing about the price analysis of DASH. https://www.tradingview.com/x/zLeUBBz3/ From the 1day chart above showing the Ema Ribbon indicator for DASH/USDT, we can deduce that the price of DASH might soon decline further. This is because about two of the 6 moving averages are touching recently formed candlesticks from the top. https://www.tradingview.com/x/A3Cb7LrO/ The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for DASH/USDT, we can see that its BOP value is 0.56. Since it is above 0, it means that the bulls are having their way. Also, the last recent high is higher than the previous high which means a positive divergence. Now, we shall look at the price prediction of DASH for the coming years. Price Prediction of Dash in 2022 The price of DASH is expected to gain at least 15% by the end of June 2022. This means that it will be trading at around $133 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that DASH would trade at least $160 by the end of December 2022. Price Prediction of Dash in 2023 The price of DASH is expected to gain at least 10% by the end of June 2023. This means that it will be trading at around $176 by the end of the first half. Its price is expected to rise by at least 15% in the second quarter. This means that DASH would trade at least $202 by the end of December 2023. Price Prediction of Dash in 2024 The price of DASH is expected to gain at least 20% by the end of June 2024. This means that it will be trading at around $240.4 by the end of the first half. Its price is expected to rise by at least 5% in the second quarter. This means that DASH would trade at least $252 by the end of December 2024. Price Prediction of Dash in 2025 The price of DASH is expected to gain at least 10% by the end of June 2025. This means that it will be trading at around $277.2 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that DASH would trade at least $312 by the end of December 2025. Price Prediction of Dash in 2026 The price of DASH is expected to gain at least 5% by the end of June 2026. This means that it will be trading at around $317 by the end of the first half. Its price is expected to … Continued

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The post Dash Price Prediction 2022-2026-Will the Price of DASH Hit $160 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Time Stamp: April 11, 2022