DASH/USD has jumped above the 20-day Bollinger Band, indicating that the price is overvalued. The RSI is on its way into the overbought zone. DASH/USD daily chart DASH/USD bulls stayed in charge as this Thursday’s sessions came to a close. The price rose by nearly 9% as it jumped from $76 to $82.82, breaking above the SMA 50 and SMA 200, in the process. The price has also climbed above the 20-day Bollinger Band, indicating that the asset is currently overpriced and may soon face bearish correction. The 20-day Bollinger jaw has widened as well, which shows increasing market volatility. The RSI is trending around 64 and is well on its way into the overbought zone. Before this Thursday’s bullish price action, the SMA 200 was about to cross over the SMA 50 to chart the bearish death cross pattern, but the two have since diverged from each other. Key levels 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. View All Post By FX Street Crypto News share Read Next NZD/USD stays below 0.6100 amid quiet markets due to Good Friday FX Street 2 years DASH/USD has jumped above the 20-day Bollinger Band, indicating that the price is overvalued. The RSI is on its way into the overbought zone. DASH/USD daily chart DASH/USD bulls stayed in charge as this Thursday’s sessions came to a close. The price rose by nearly 9% as it jumped from $76 to $82.82, breaking above the SMA 50 and SMA 200, in the process. The price has also climbed above the 20-day Bollinger Band, indicating that the asset is currently overpriced and may soon face bearish correction. The 20-day Bollinger jaw has widened as well, which shows increasing market volatility.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
