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Upside forces seem to have regained control of price movement in the Dash 2 Trade Market. This opinion is based on the fact that the market has steadily made its way towards higher price levels since the previous session. Used trading indicators also show optimistic signs that suggest the market may reach higher marks in subsequent sessions.
Dash 2 Trade: April 29, 2024
D2T Value: $0.003709
Dash 2 Trade Market Cap: $1.1M
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade’s Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: 3956
Key Price Levels:
Resistance: $0.003800, $0.004100, and $0.004400
Support: $0.003700, $0.003500, and $0.003300
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D2T Stays on an Upward Course
The Dash 2 Trade market has surpassed the $0.003700 mark during the previous session. Meanwhile, the ongoing session has continued the trend. Price activity has risen through the green Guppy Multiple Moving Average (GMMA) lines.
Simultaneously, we can see that the Stochastic Relative Strength Index (SRSI) indicator lines have reached deep into the oversold region and have delivered a bullish crossover there. The ensuing lines of this indicator have an upward trajectory, suggesting that prices will likely rise higher in subsequent sessions.
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Dash 2 Trade Bulls Have a Good Stand Against Headwinds
While the ongoing session in the D2T 1-hour market has brought some downward corrections, it can be seen that the token is still trading at a level that suggests upside forces are at an advantage. Likewise, we can observe that the GMMA indicator lines have crossed below the last price candle on this chart.
Meanwhile, the SRSI lines are now in the overbought region, indicating that more upside momentum may still develop in this market. Therefore, the use of crypto signals with targets around the $0.004000 mark is fair. Also, here are the latest top 5 Smart Money purchases in the past 24 hours:
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