DASH/USD Price Analysis: Bulls pull price above SMA 20 curve
|- DASH/USD went up from $114.50 to $119.38 this Wednesday.
- In the process, the market gained 4.25%.
DASH/USD gained 4.25% in value as its price went up from $114.50 to $119.37 this Wednesday. In the process, the bulls managed to pull the price above the 20-day simple moving average (SMA 20) curve.
DASH/USD Daily Price
- The DASH/USD market has had a bullish breakout from a triangle formation.
- With the latest sessions, DASH/USD is trending above the SMA 20, SMA 50, and SMA 200 curves.
- The last session also took the price back into the top half of the 20-day Bollinger band.
- The relative strength index (RSI) indicator is trending around 55.55.
- The signal line is about to converge with the MACD line showing decreasing bearish momentum.
- The last two sessions of the Elliot wave curve are bullish following nine consecutive bearish sessions.
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