Dash is open source peer-to-peer cryptocurrency distributed worldwide, furthermore, DASHUSD represents its price in US Dollar.
Down from 12/20/2017 peak $1596.73 the decline in Dash is unfolding as a zigzag correction looking to extend lower 1 more time towards $55.56 – $25.81 area before it produces a bounce for next cycle higher or for a bigger 3 wave bounce at least. Note that cycle from 12/20/2017 peak has a minimum number of swings in place already, so another low is not 100% guaranteed at this stage.
Near-term, while bounces fail below $225.23 high expect DASHUSD to extend lower 1 more time within primary wave ((5)) before a turn back higher is seen. If the pivot from $225.23 high gives up then the low can be already in place at $57.45.