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 focus remain towards $112.80-$140.70 100%-161.8% ext area to end the correction against $225.23 peak before downside resume in wave (5) of ((3)). Afterwards, DASH is expected to do a bigger 3 wave bounce in wave ((4)) before final push lower can be seen in wave ((5)) of c of (b). If the pivot from $225.23 high gives up then the low can be already in place at $57.45.
DASHUSD 8H Chart 3.27.2019