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Dash, Digitbyte, Bitcoin price: Dash outperforms BTC and has more to give

Akash Girimath

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Dash, Digitbyte, Bitcoin price: Dash outperforms BTC and has more to give
Source: Unsplash

Dash, Digibyte and Bitcoin’s price in the last 90 days is a clear indication of how altcoins are vehicles of profiting if used correctly. Relatively, Dash has seen a 55.23% surge in the last 90 days, while BTC and Digibyte have seen -13.51% and -18.23% respectively.

Source: TradingView

Dash

Source: DASHUSD TradingView

Dash is currently, the 20th largest cryptocurrency with $590 million in market cap. The 24-hour time frame saw a dip in its price by 2%. However, at press time, more surge seems to be on its way with the formation of a descending triangle and increasing green histograms in the Awesome Oscillator.

Digibyte

Source: DGBUSDT TradingView

Digibyte’s price has formed a pennant, which is sloping upwards and its MACD indicator is showing a quick bullish cross soon. Even for Digitbyte, which is the 67th largest cryptocurrency with only $56 million in market cap, there is a chance for its price to surge higher. The price could move from $0.00435 to $0.005 soon, as it breaks out of the symmetrical triangle.

Bitcoin

Source: BTCUSD TradingView

Bitcoin’s price saw a dip to $6,040 but surged higher as it found support at $5,900. At press time, the total market cap of bitcoin comes up to $112 million and has a 24-hour trading volume of $30 billion. The price could see a strong surge up to $6,400 since the RSI shows a bounce from the oversold zone.

Due to Bitcoin’s surge and its dominance, it could push the price of altcoins higher as well.

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Akash is a full-time cryptocurrency writer and an analyst at AMBCrypto. He is an engineering graduate with an avid interest in finance and economics. Attracted to the chaos of trading, Akash has invested in BTC, ETH and XRP for educational purposes.

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