Home Dash Price Analysis: DASH/USD jumps above the $60-level for the first time since November 2019
Crypto News

Dash Price Analysis: DASH/USD jumps above the $60-level for the first time since November 2019

FX Street
Published date:
  • DASH/USD went up from $50.55 to $56.85 this Friday.
  • The Elliott Oscillator shows 15 straight green sessions of increasing intensity.

DASH/USD daily chart

DASH/USD daily chart

DASH/USD is on course of charting a second straight bullish day. DASH/USD jumped from $50.55 to $56.85 this Friday and has gone up further to $60.45 this Saturday. In the process, DASH/USD went above $60 for the first time since November 2019. The bulls pushed the price above the 20-day Bollinger Band, indicating that the asset is overpriced and will face bearish correction. The Elliott Oscillator has had 15 straight green sessions of increasing intensity, while the Moving Average Convergence/Divergence (MACD) indicates increasing bullish momentum. The Relative Strength Index (RSI) indicator is hovering around 67.80, next to the overbought zone, hinting that the price may go up some more before facing bearish correction.
 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2026