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While the Dash 2 Trade token continues to trade above the $0.004000 mark, it appears that the market is preparing for a significant surge. This observation is based on the signals from technical indicators, which suggest that the market is quietly building up momentum.
Dash 2 Trade: April 9, 2024
D2T Value: $0.004023
Dash 2 Trade Market Cap: $1,203,011
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade’s Total Supply: 1 billion
D2T Ranking on CoinMarketCap: 3937
Key Price Levels:
Resistance: $0.004023, $0.004100, and $0.004200
Support: $0.004000, $0.003900, and $0.003800
D2T May Soon Take an Upside Leap
Trading activity in the Dash 2 Trade 4-hour market remains above the $0.004000 mark. Price activity appears to have become thinner, and the Bollinger Bands have contracted significantly.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines are steadily rising toward the equilibrium level, with bars above the indicator’s equilibrium level. The combination of the contraction of the Bollinger Bands and the steady rise of the MACD indicator lines suggests that the market has reached a low entry point, and participants can utilize crypto signals with targets at higher levels.
Dash 2 Trade Market Has a Fair Chance of Taking an Upside Course
The D2T 1-hour market has further revealed what’s happening in this market. Here, the Bollinger Bands remain contracted, with the terminal of this indicator appearing even more contracted. Additionally, the last price candle is a green one, albeit with a tiny body.
Nevertheless, this indicates that upside forces are still in play. Similarly, the MACD lines are relatively close to each other, but they appear to be trending slightly upward toward the equilibrium level. This suggests that the market may soon bounce upwards towards the $0.004200 mark. Furthermore, you can discover the Latest Smart Money Picks in the Last 24 Hours:
$BICO
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— Dash 2 Trade (@dash2_trade) April 8, 2024
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