Dash continues to assist the struggling citizens of Venezuela with the launch of ‘Dash Text’, a new feature that will enable Venezuelan citizens to send and receive DASH via SMS without the need for a smartphone or the internet. So far, this new release has catalyzed a positive reaction from Dash investors, spiking the asset up 10% to $173 before correcting to its current support along the 0.382 fib level at $165. If Dash wishes to carry on running, it will need to overcome a persistent resistance at $169, which has been a key level for this asset in the past and is currently hindering its progress.
Will DASH continue to rise after the bulls have rested, or will bears take back the asset and drive it back down? Let’s see what the charts say.
On the 1d DASH/USD chart, we can see that DASH recently broke bullish out of a falling wedge pattern on November 1st...
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