Dash (DASH) Price Surges 14 Percent. Will XRP and Ethereum (ETH) Follow Suit?

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    The price of DASH has surged by more than 14 percent after the struggling altcoin got absolutely clobbered in December. Will XRP and Ethereum follow its suit?

Dash (DASH) Price Surges 14 Percent. Will XRP and Ethereum (ETH) Follow Suit?
Cover image via U.Today

In case you forgot about the existence of privacy-focused altcoin Dash (DASH), you are most definitely not alone. One of the oldest altcoins that used to be a fixture within the top 10 dropped to as low as $39 in December (more than 97 percent from its yearly high). However, it now seems to be on track for a speedy recovery.     

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The price of DASH has increased by more than 12 percent over the last 24 hours, according to CoinStats data. At press time, it is trading at $51.91, its highest level since the start of December. 

Trader Michael Van De Poppe, who called the 30 percent price increase last month, now suggests that Ethereum (ETH) and XRP, the two struggling altcoins, could follow the lead of DASH with significant gains. 

DASH Price
image by @CryptoMichNL

As reported by U.Today, De Poppe said that ETH could pump in Q1 2020 along with other altcoins.    

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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