$DASH Price explosion and breaking the peaks!
After a long wait,
Currency $DASH turns the tables and achieves a strong upward rally from a low of 31.09 to 35.80.
Quick technical reading:
Momentum: Green "engulfing" candles swept across all moving averages (MA 7, 25, 99).
Indicators:
The RSI indicator reached the "severely overbought" zone at 83.77, which calls for caution of a nearby correction to calm the indicators.
MACD: A clear positive crossover with long green bars confirming buyers' dominance.
Upcoming expectation:
The price targets the previous peak at 36.16. Holding above it opens the door to levels 37.00+.
Advice for those holding:
The current rise is a golden opportunity to smartly unwind "comments". Monitor the upcoming resistance levels and do not overindulge in greed.
Note:
This rise may be temporary as liquidity is low for price stability or continued momentum to higher than expected levels...
Wishing you well and my best wishes, and Ramadan Kareem to everyone
#DASH #Binance #Crypto #Trading