DASH/USDT is trading narrow range between USDT9.30 and USDT9.77 (Poloniex). It is currently trading around USDT963 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT9.87

Kijun-Sen level: USDT9.46

Trend reversal level - (100 days MA) – USDT11.30

Long- term trend remains to be bearish. The pair is facing strong support at 200-day MA and any close below targets USDT8.

Major resistance is seen at USDT9.87 (daily Tenken-Sen) and any break above targets USDT10.28 (55- day EMA)/USDT11.30 (100- day MA). Short-term support is around USDT9.56 (200 –day MA) and any break below targets USDT8.64 (Nov 11th, 2016 low) /USDT8 (Oct 29th, 2016 low)/USDT6.70 (7th Jul low).