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the price is taking support on dynamic supportThe DASH asset is showing bullish traits as TVL, Whales Activity, OI, And Volume support the price, this highlights that it can achieve more growth in the coming sessions. It has demonstrated good performance in the past month, and three months by 25.57% and 16.03%, which indicates a reliable upward trend on the daily chart. The DASH crypto is experiencing a decline of 1.89% in the intraday sessions of the past 24 hours, and currently trading at $36.43. It shows a sign of revival as the price shows sustenance at a critical level of around $34 on the chart. Contingent on the buyer's DASH price could soar to new heights from the current support zone. Moreover, the price is taking support on dynamic support of EMA's and it is showing bullish strength. Similarly, the RSI is above 49.36, suggesting that the asset has more room to grow and MACD is above the zero line at 1.68. Therefore, if the demand increases, the DASH asset price could bounce back from the current level. The next resistance for the price would be to reach $40. However, if the crypto price fails to stay above the $34.22 level, it could plunge deeper towards the demand area.
COINBASE:DASHUSDLong
by Yash_Jain_1309
Price Action , Trend line and Dynamic support.After the IPO of SBI CARDS, there was a downfall, then for few sessions, it started surging. after the first breakout which was supported by the crossovers of EMAs in (phase 1), 21 EMA acted as a support, at every minor uptrend there were crossovers that were conforming to the price actions. and then the consolidation phase started (the price started moving in a range) there was a false breakout but the price was not able to sustain there, for much longer. before the breakout (04/01/2021) there was a Hammer formation, EMA crossovers and volume started increasing gradually, then it was a start of an uptrend and 21 EMA was again acting as major dynamic support.
NSE:SBICARD
by PrabhatMishra