Dash (DASH) Price Analysis and Future Prediction for 2019: Can DASH Get Back Above 160$ in 2019 or Will Dips Take Over Again?

Dash is one of the top 20 cryptocurrencies in accordance with the market capitalization of the project, being ranked as the 16th-largest crypto. Dash is representing digital cash, offering instant,cost-effective and private in-store and online payments, posing as an alternative way of paying for different goods and services, much like Bitcoin, only with faster processing times.

Dash (DASH) Price Today – DASH / USD

Name Price24H (%)
Bitcoin (BTC)
$9,250.60
-0.74%
Dash (DASH)
$69.95
-0.53%

DASH is currently going up against the fiat as the second week of December has begun, driven by a positive momentum that the crypto managed to acquire a day before when the market was seen in a spike within a mass rebound session. Almost 48 hours later, most of the cryptos are back down again with several exceptions like DASH that keeps scoring gains. DASH has commenced the week with over 3% of gains in the last 24 hours; however, the crypto is showing negative returns on all charts.

DASH Price Declining with the Frequently Dipping Market

Even though DASH has managed to acquire 3% of daily gains in the last 24 hours, the 16th-largest crypto is still showing negative returns on most of its charts, including YTD and monthly charts. DASH made it to a record value of over 1490$ per one unit back in December 2017 when the majority of cryptocurrencies were preparing for a January spike and scoring all-time high, but the crypto declined by over -90%in the course of the last 12 months. That is how Dash is presently being traded around the value of 71$, threatening to go below the initial value, which would mean touching new lows for DASH. Before entering severe dips that started out in mid-November, DASH entered the month at the value of around 160$ which is why we have taken that price as a cornerstone for the further progress of Dash in the market in the upcoming 2019.

CanDASH Manage to Get Back to the Price of 160$ in 2019?

The latest daily gains can’t do much for the severely dippedDash. However, the crypto is not an isolated case in the market as the majority of cryptos are still seeing new lows. DASH is down by -56% in the course of the last 30 days which matches the period of November dips that later on transferred to December as well. At this pace, Dash is looking at more price declines, so in the best case scenario DASH could get to the price of 300$ in 2019 and even get to the value of around 500$ by the end of the year. However, some analysts suggest that the following year 2019 will come with more bear trends, which could mean more declines for DASH. While the worst case scenario predictions indicate that the crypto could go beyond the value of 100$ to reaching 105$ in the course of the next three weeks till the end of the year, there is also a possibility that Dash could sink further below 50$. In case Dash encounters more dips, its value could easily slide below the current value of 70$ even in 2019.    
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.