Dash Price Analysis: DASH/USD falls by >4.50% as bears take charge
|- DASH/USD bears dropped the price from $68.70 to $67.80 this Friday.
- The MACD indicates decreasing bullish momentum.
DASH/USD daily chart
DASH/USD fell by >4.50% in the early hours of Saturday as the price dropped from $67.80 to $64.60. The price is currently consolidating in a triangle formation. The upward trending line and SMA 20 both need to hold firm to curb further downward movement. The MACD indicates decreasing bullish momentum, while the RSI indicator has dropped from 47.685 to 44.44.
Key Levels
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.