Dash Price Analysis – 11th December (DASH/USD)
After dawning with a value placed just above the $50.00 mark, the cryptocurrency’s price line stretched over the price chart with disarranged highs and lows. At 03:00 GMT, the Dash price bounced towards $50.60 following a bullish movement, just before it traced back towards and beyond the $50.00 mark until it reached $49.72
As the cryptocurrency has not seen any overbought or oversold instances for the 1-Day price analysis, the Relative Strength Index (RSI) has not strayed beyond the levels 30 and 70. At the time of the close, the RSI was observed at 51.95.
However, the price deviated significantly from the moving averages through the course of the 11h of December. However, this distance was reduced as the cryptocurrency neared its close. The 50-Day Simple Moving Average (SMA) rested at $49.68, whereas the 20-Day Exponential Moving Average (EMA) rested at $49.73. The Simple Moving Average differed with the closing price by 0.14 percent, whereas the Exponential Moving Average differed with the closing price by 0.04 percent.
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