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Dash (DASH) Technical Analysis: DASH Returns Above 200 SMA for First Time in Nearly 400 Days

Published 04/01/2019, 10:25 AM
Updated 04/01/2019, 11:41 AM
© Reuters.   Dash (DASH) Technical Analysis: DASH Returns Above 200 SMA for First Time in Nearly 400 Days
DASH/USD
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Latest Dash News


Dash has soared nearly 40% in the last 7 days from $87.80 on March 26 to a new 4-month high at $121.90, during this morning’s trading session.

The explosive rally kicked off shortly after Binance announced new DASH trading pairs on March 27.

https://twitter.com/binance/status/1110866912131481601

The addition of BNB and USDT trading pairs greatly increases DASH’s liquidity, and offers investors a new stablecoin option to trade into during a falling market.

From there, bullish momentum continued to build as the project announced the release of their new Dash Core v.0.14.0 testnet on March 28. The latest milestone update introduces Long Living Masternode Quoroms (LLQMs), LLQM-based InstantSend and ChainLocks, which,

“Increase[s] scalability through improved consensus…increases the scalability of InstantSend on the network … [...

This article appeared first on Cryptovest

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