The Dash Competitive Basket Index for Saturday, July 6, 2019. Nothing special for Dash.

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The Dash Competitive Basket Index for Saturday, July 6, 2019. Nothing special for Dash.

For the previous 7 day period:

  1. Dash outperformed 4 of the 14 coins ranked above us (29%). The 30 day SMA is 50%.
  2. Dash outperformed 4 of the 10 coins ranked below us (40%). The 30 day SMA is 55%.
  3. In total, Dash outperformed 8 of the top 24 coins (33%). The 30 day SMA is 52%.
  4. Bit coin dominance gained 4/10ths to 62.6%. 7 of the top 24 coins beat Bitcoin (29%)

Nothing special for Dash today. Everything is below our 30 day average. We’re still in that decision making period. On the one hand, nothing goes up in a straight line. If there is a brief pause in upward momentum, we speak of it as a consolidation, or “catching its breath”. On the other hand, if the upward momentum doesn’t assert itself, then we have legitimately broken the upward trend. I would think the former rather than the latter.

^ Dash versus the 14 coins listed above us. No disguising the fact that we fell through the 30 day average like slipping on a banana peel.

^ Dash versus the 10 coins listed below us. This one doesn't look any better.

^ So, if you take crappy chart #1 and add it to crappy chart #2, you get the Broad Composite Crappy Chart of Dash versus the top 24 coins. Ugly. Let's hope it's a short deviation and nothing more.

submitted by /u/solarguy2003
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