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The Dash 2 Trade market seems to be warming up for a significant price increase. However, most of these indications are still largely emanating from technical indicators. Nevertheless, traders can view this as a warning shot and therefore prepare to catch the trend.
While the price of the D2T token has increased from what it was in the previous analysis, it could be perceived that this market is still preparing for more significant price increases. The price candle for the current session continues to hover around the middle limit of the Bollinger Bands (BB) indicator.
Similarly, the Stochastic Relative Strength Index (Stochastic RSI) lines have taken a sideways path above the 40 mark of the indicator. Even the terminal part of the RSI seems to have started an upward trajectory. Additionally, the upper and lower limits of the BB indicator are also contracting, which is indicative of a possible upcoming price surge.
D2T Market Contracts Further
Bulls have continued to stay on top even in the Dash 2 Trade hourly market. Meanwhile, the applied BB indicator has contracted further, while price action continues to hover around the middle band of the BB indicator. Additionally, the Stochastic RSI indicator lines continue to rise into the overbought region.
Summarizing indications from technical indicators, it could be assumed that price activity is likely to see a significant move towards higher price levels. To start, traders can utilize crypto signals targeting a break above the $0.002600 price level. Higher price levels may then be targeted. Also, here are the top 5 Smart Money buys from the past 24 hours:
– $ETH
– $SIFU
– $FOLD
– $NEIRO
– $FLIP
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