Sunday, November 27, 2022
 

Dash (DASH) Price Prediction: Will DASH reach $250 in 2022?

  • Bullish DASH price prediction ranges from $58.9 to $241.0.
  • DASH price might also reach $250 this 2022.
  • DASH’s bearish market price prediction for 2022 is $40.4.

Dash is a decentralized blockchain project launched in 2014 as a hard fork of Litecoin (LTC). Its native token is called DASH.

DASH investors are bullish on the token since it has had a return on investment (ROI) over 222 times in the past nine years. The crypto bubble in December 2017 led to the present all-time high (ATH) of DASH of $1642.22, attained on December 20th, 2017. Since then, DASH has been on a bearish trend and has not broken the psychological resistance in recent bull runs. Irrespective of the current crypto winter, DASH investors are confident that the future of DASH is bullish.

If you are interested in the future of Dash (DASH) and want to know the price analysis and prediction of DASH for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Dash (DASH)?

Dash is an open-sourced decentralized blockchain that powers users’ seamless payments for goods and services. Its native token is called DASH. It was launched in 2014 as XCoin when it was hard forked from Litecoin. It later changed its name to Darkcoin before changing it to DASH in March 2015. The co-founders of DASH are Evan Duffield and Kyle Hagan.

To ensure the maximum security and efficiency of the Dash blockchain, Dash uses two consensus mechanisms, Proof of Work (PoW) and Proof of Service consensus mechanisms. The former ensures that the network is secured from 51-attack and that investors’ assets are safe, while the latter provides that controller nodes are rate-concerning to their previous service rating.

By the end of the first quarter of 2021, there are over 159k merchants that accept payment in DASH for goods and services. Presently, over 265 exchanges have listed DASH for trading. Transaction within the Dash blockchain is completed within 1 second. The block size of Dash is 2MB and can achieve 39 transactions per second (TPS). Transfers within the Dash network cost between $0.2 and $0.3.

By the fourth quarter of 2021, there are over 54,000 addresses that hold the DASH coin, and 8220 transactions are completed daily on the dash blockchain.

Dash (DASH) Current Market Status

The maximum supply of DASH is 10,903,799 DASH, while its circulating supply is 10,903,799 DASH, according to CoinMarketCap. At the time of writing, DASH is trading for $47.81, representing 24 hours increase of 6.06%. The trading volume of DASH in the past 24 hours is $81.27 million, representing a 28% increase.

Some top cryptocurrency exchanges for trading Dash (DASH) are Binance, Coinbase, Huobi Global, Gate.io, Kucoin, and Kraken.

Now that you know what DASH is and its current market status, we shall discuss the price analysis of Dash (DASH) for 2022.

Dash (DASH) Price Analysis 2022

Currently, DASH is ranked in the 73rd position on CoinMarketCap. Will developments and upgrades within the Dash community increase Dash’s price (DASH)? We shall see in this Coin Edition price analysis 2022 article.

Dash (DASH) Price Analysis- Keltner Channel

DASH/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Dash (DASH), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of DASH might be sustained before any reversal would be expected.

Dash (DASH) Price Analysis – Relative Strength Index

DASH/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Dash (DASH) 1day chart of DASH/USDT is at 51.84.  This shows that DASH is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Dash (DASH) Price Analysis – Moving Averages

DASH/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of DASH 200-day and 100-day Moving Average (MA). DASH is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Dash (DASH) might experience a significant rise or fall in the future.

Dash (DASH) Price Prediction 2022

DASH/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of DASH/USDT, the DASH price was swinging from $81.9 resistance2 to $58.9 resistance1 after touching the support level at $40.4. It reversed from the support level of $40.4 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term DASH price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect DASH to reach $250 in 2022.

Dash (DASH) Price Prediction – Resistance and Support Levels

DASH/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of DASH has decreased by 9.8% in the past 30 days. If this price decrease reverses, DASH could break the $58.9 resistance1 level, move higher to $241.0 at the resistance10 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of DASH might be dethroned from its present uptrend position. In simpler terms, DASH might trend below the $40.4 support level and even lower in 2022, a bearish signal.

Dash (DASH) Price Prediction 2023

If the value of DASH’s relative strength index (RSI) is at least 60, by the end of 2022, the bulls and investors are in change. This could spill over into the first half of 2023, which could make the price of Dash (DASH) trade around $300 by the end of 2023.

Dash (DASH) Price Prediction 2024

The positive sentiment that comes with the news of Bitcoin halving could directly impact the price of DASH. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of DASH trade at $400 by the end of 2024.

Dash (DASH) Price Prediction 2025

By the end of 2025, the price of Dash (DASH) could rise to $500. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the Dash platform to ensure that the number of merchants increases, this price target could be attained.

Dash (DASH) Price Prediction 2026

With the number of DASH hodlers on the increase and the growing sentiment about cryptocurrencies, DASH has the possibility of holding most of its recent gains and consolidating. Hence, the price of DASH could trade at around $600 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Dash (DASH) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to a possible sentiment that the market has attained its minimum support level. The price of DASH could surge to $700 by the end of 2027.

Dash (DASH) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news that surrounds any year of Bitcoin halving. It is therefore possible that the market could attain higher high value. Dash (DASH) could hit $1000 by the end of 2028.

Dash (DASH) Price Prediction 2029

By 2029, there could be a lot of stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to the implementation of some of the lessons learned to ensure that their investors retain confidence in the project. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of DASH to $2000 by the end of 2029.

Dash (DASH) Price Prediction 2030

The cryptocurrency market experienced high stability due to early investors holding activities so as not to lose the future gains in the price of their assets. We could expect the price of Dash (DASH) to trade around $3000 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, DASH might reach $250 in 2022 and $3000 by 2030 if investors have decided that DASH is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Dash (DASH)?

DASH is the native token of the Dash blockchains that enables users to carry out seamless payments to merchants.

How to buy Dash (DASH) Token?

Like other cryptocurrencies, Dash (DASH) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kraken, Kucoin, Gate.io, and others.

Will DASH Token surpass its present ATH?

DASH has a low possibility of surpassing its present all-time high (ATH) price of $1642.22 in 2022.

When was DASH launched?

It was launched in 2014.

What will be the Dash (DASH) price by 2023?

Dash (DASH) price is expected to reach $300 by 2023.

What will be the Dash (DASH) price by 2024?

Dash (DASH) price is expected to reach $400 by 2024.

What will be the Dash (DASH) price by 2025?

Dash (DASH) price is expected to reach $500 by 2025.

What will be the Dash (DASH) price by 2026?

Dash (DASH) price is expected to reach $600 by 2026.

What will be the Dash (DASH) price by 2027?

Dash (DASH) price is expected to reach $700 by 2027.

What will be the Dash (DASH) price by 2028?

Dash (DASH) price is expected to reach $1000 by 2028.

What will be the Dash (DASH) price by 2029?

Dash (DASH) price is expected to reach $2000 by 2029.

What will be the Dash (DASH) price by 2030?

Dash (DASH) price is expected to reach $3000 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Bullish DASH price prediction ranges from $58.9 to $241.0.
  • DASH price might also reach $250 this 2022.
  • DASH’s bearish market price prediction for 2022 is $40.4.

Dash is a decentralized blockchain project launched in 2014 as a hard fork of Litecoin (LTC). Its native token is called DASH.

DASH investors are bullish on the token since it has had a return on investment (ROI) over 222 times in the past nine years. The crypto bubble in December 2017 led to the present all-time high (ATH) of DASH of $1642.22, attained on December 20th, 2017. Since then, DASH has been on a bearish trend and has not broken the psychological resistance in recent bull runs. Irrespective of the current crypto winter, DASH investors are confident that the future of DASH is bullish.

If you are interested in the future of Dash (DASH) and want to know the price analysis and prediction of DASH for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Dash (DASH)?

Dash is an open-sourced decentralized blockchain that powers users’ seamless payments for goods and services. Its native token is called DASH. It was launched in 2014 as XCoin when it was hard forked from Litecoin. It later changed its name to Darkcoin before changing it to DASH in March 2015. The co-founders of DASH are Evan Duffield and Kyle Hagan.

To ensure the maximum security and efficiency of the Dash blockchain, Dash uses two consensus mechanisms, Proof of Work (PoW) and Proof of Service consensus mechanisms. The former ensures that the network is secured from 51-attack and that investors’ assets are safe, while the latter provides that controller nodes are rate-concerning to their previous service rating.

By the end of the first quarter of 2021, there are over 159k merchants that accept payment in DASH for goods and services. Presently, over 265 exchanges have listed DASH for trading. Transaction within the Dash blockchain is completed within 1 second. The block size of Dash is 2MB and can achieve 39 transactions per second (TPS). Transfers within the Dash network cost between $0.2 and $0.3.

By the fourth quarter of 2021, there are over 54,000 addresses that hold the DASH coin, and 8220 transactions are completed daily on the dash blockchain.

Dash (DASH) Current Market Status

The maximum supply of DASH is 10,903,799 DASH, while its circulating supply is 10,903,799 DASH, according to CoinMarketCap. At the time of writing, DASH is trading for $47.81, representing 24 hours increase of 6.06%. The trading volume of DASH in the past 24 hours is $81.27 million, representing a 28% increase.

Some top cryptocurrency exchanges for trading Dash (DASH) are Binance, Coinbase, Huobi Global, Gate.io, Kucoin, and Kraken.

Now that you know what DASH is and its current market status, we shall discuss the price analysis of Dash (DASH) for 2022.

Dash (DASH) Price Analysis 2022

Currently, DASH is ranked in the 73rd position on CoinMarketCap. Will developments and upgrades within the Dash community increase Dash’s price (DASH)? We shall see in this Coin Edition price analysis 2022 article.

Dash (DASH) Price Analysis- Keltner Channel

DASH/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Dash (DASH), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of DASH might be sustained before any reversal would be expected.

Dash (DASH) Price Analysis – Relative Strength Index

DASH/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Dash (DASH) 1day chart of DASH/USDT is at 51.84.  This shows that DASH is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Dash (DASH) Price Analysis – Moving Averages

DASH/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of DASH 200-day and 100-day Moving Average (MA). DASH is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Dash (DASH) might experience a significant rise or fall in the future.

Dash (DASH) Price Prediction 2022

DASH/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of DASH/USDT, the DASH price was swinging from $81.9 resistance2 to $58.9 resistance1 after touching the support level at $40.4. It reversed from the support level of $40.4 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term DASH price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect DASH to reach $250 in 2022.

Dash (DASH) Price Prediction – Resistance and Support Levels

DASH/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of DASH has decreased by 9.8% in the past 30 days. If this price decrease reverses, DASH could break the $58.9 resistance1 level, move higher to $241.0 at the resistance10 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of DASH might be dethroned from its present uptrend position. In simpler terms, DASH might trend below the $40.4 support level and even lower in 2022, a bearish signal.

Dash (DASH) Price Prediction 2023

If the value of DASH’s relative strength index (RSI) is at least 60, by the end of 2022, the bulls and investors are in change. This could spill over into the first half of 2023, which could make the price of Dash (DASH) trade around $300 by the end of 2023.

Dash (DASH) Price Prediction 2024

The positive sentiment that comes with the news of Bitcoin halving could directly impact the price of DASH. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of DASH trade at $400 by the end of 2024.

Dash (DASH) Price Prediction 2025

By the end of 2025, the price of Dash (DASH) could rise to $500. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the Dash platform to ensure that the number of merchants increases, this price target could be attained.

Dash (DASH) Price Prediction 2026

With the number of DASH hodlers on the increase and the growing sentiment about cryptocurrencies, DASH has the possibility of holding most of its recent gains and consolidating. Hence, the price of DASH could trade at around $600 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Dash (DASH) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to a possible sentiment that the market has attained its minimum support level. The price of DASH could surge to $700 by the end of 2027.

Dash (DASH) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news that surrounds any year of Bitcoin halving. It is therefore possible that the market could attain higher high value. Dash (DASH) could hit $1000 by the end of 2028.

Dash (DASH) Price Prediction 2029

By 2029, there could be a lot of stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to the implementation of some of the lessons learned to ensure that their investors retain confidence in the project. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of DASH to $2000 by the end of 2029.

Dash (DASH) Price Prediction 2030

The cryptocurrency market experienced high stability due to early investors holding activities so as not to lose the future gains in the price of their assets. We could expect the price of Dash (DASH) to trade around $3000 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, DASH might reach $250 in 2022 and $3000 by 2030 if investors have decided that DASH is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Dash (DASH)?

DASH is the native token of the Dash blockchains that enables users to carry out seamless payments to merchants.

How to buy Dash (DASH) Token?

Like other cryptocurrencies, Dash (DASH) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kraken, Kucoin, Gate.io, and others.

Will DASH Token surpass its present ATH?

DASH has a low possibility of surpassing its present all-time high (ATH) price of $1642.22 in 2022.

When was DASH launched?

It was launched in 2014.

What will be the Dash (DASH) price by 2023?

Dash (DASH) price is expected to reach $300 by 2023.

What will be the Dash (DASH) price by 2024?

Dash (DASH) price is expected to reach $400 by 2024.

What will be the Dash (DASH) price by 2025?

Dash (DASH) price is expected to reach $500 by 2025.

What will be the Dash (DASH) price by 2026?

Dash (DASH) price is expected to reach $600 by 2026.

What will be the Dash (DASH) price by 2027?

Dash (DASH) price is expected to reach $700 by 2027.

What will be the Dash (DASH) price by 2028?

Dash (DASH) price is expected to reach $1000 by 2028.

What will be the Dash (DASH) price by 2029?

Dash (DASH) price is expected to reach $2000 by 2029.

What will be the Dash (DASH) price by 2030?

Dash (DASH) price is expected to reach $3000 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

 

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