The Dash price following up from the previous week’s regression has indicated significant stagnancy on Monday the 4th of November with no movement up or down twice in the past 24 hours, with an overall drop of 0.56% to $72.71.
1-Day Dash price chart (DASH/USD): The details
Dash has lost a total percentage of over 2.88 over the past seven days, and Monday has borne no fruit with prices appearing unaltered for increased periods at $72.389 and $73.009, respectively. The lack of movement shows that both the bulls and the bears are in reconciliation with each other. The graph majorly displays progression beneath the baseline; the growth that is surpassing it remains somewhat still before it falls once more.
The day’s average is set to be $72.461 and indicates that the market is not showing strong movement in either direction.
Moving above the support level of $70.7, the Simple Moving Average (SMA) has increased steadily to surpass the baseline by $3.117 to $72.528. The Exponential Moving Average (EMA) has moved above the same support level to close at $72.924. The momentum appears to be somewhat stagnant at -0.539 and is expected to drop even further owed to the movements indicated by the graph, possibly entering into a bearish zone.
The Relative Strength Index rests below the midpoint at 34.32 after a still move, indicating potential movement by the bears. The 24-hour market volume comes out to be $271.742 MM, with a total market capitalization of $663.150 MM. The past seven days have also given off a sell signal.
Further assessments can only be made as the week progresses (or regresses) from Monday’s dormancy.