The Dash price, in comparison to the day prior, showcased a bearish pathway that traced its way into the 20th of December.
Dash Price 1-Day Analysis – 19th December (DASH/USD)
The DASH/USD trading pair showcased a slight decline as it traced its path to its close of the 19th. There was a lack of bullish flow, and instead, the bears triumphed by pulling the price downwards at each consecutive succession. As a result, the price fell by 3.84 percent.
The pair initiated at the $44.55 mark. It attained its highest value of $44.96 as the day initiated and traced a path that showcased incessant decline. It attained its lowest price of $42.14 at 17:21 GMT. The pair eventually closed at the $42.87 mark which was resulted by the bearish fall.
As per the full-featured chart above, the DASH/USD trading pair deviated slightly from the moving averages, which later converged. The 50-Day Simple Moving Average (SMA) closed at $42.93 and the 20-Day Exponential Moving Average (EMA) closed at $42.95.
The Relative Strength Index showcased two minor instances of overbought shares and several instances of oversold shares. It attained its highest RSI at 71.73 and its lowest RSI at 19.97. The RSI closed at 45.55.
Featured Image Background by Anatolii Nesterov