Dash price analysis: DASH/USD bounces up from the lower Bollinger curve
|- The 20-day Bollinger jaw has widened, indicating increasing price volatility.
- The Elliott Oscillator has had 15 straight red sessions.
DASH/USD daily chart
DASH/USD has bounced up from the lower Bollinger curve this Thursday, moving up from $63.70 to $64.15. The price is floating below the 200-day Simple Moving Average (SMA 200), SMA 50 and SMA 20 curves. The 20-day Bollinger jaw has widened, which indicates increasing price volatility.
The Elliott Oscillator has had 15 straight red sessions, while the Moving Average Convergence/Divergence (MACD) indicates sustained bearish momentum. The Relative Strength Index (RSI) indicator is trending around 35.10, next to the overbought zone.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.