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  • 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.