Dash 2 Trade Price Prediction for December 19: D2T Buyers Successfully Defend the $0.005900 Threshold

Following the previous sustained price surge in the Dash 2 Trade market, buyers took a break to catch their breath. This allowed downward forces to briefly take the stage, causing price action to retreat below the $0.006000 mark. However, at this point, buyers seem to have had enough rest and are beginning to re-enter the market.

Dash 2 Trade: December 19, 2023

D2T Value: $0.005957

Dash 2 Trade Market Cap: $2,084,839

D2T Circulating Supply: 298.5M D2T

Dash 2 Trade Total Supply: 1 billionD2T

Ranking on CoinMarketCap: 3245

Key Price Levels:

Resistance: $0.005957, $0.006000, and $0.006100

Support: $0.005900, $0.005800, and $0.005700

D2T Bounces Off Support, May Yet Print More Gains

Price action in the Dash 2 Trade market has bounced off the support at the floor of the Bollinger Bands indicator. The ongoing session has seen the most significant price increase since the resulting downward correction of the $0.006700 mark.

Furthermore, the Moving Average Convergence Divergence (MACD) indicator bars have started to indicate that downward momentum is declining. This is shown by the decoration of the indicator bar and the decreased length of the mentioned bar. Therefore, we may see more price increases from here on out.

 

Dash 2 Trade Steadily Sustains a Rebound Off the $0.005743 Support

Price action in the D2T 1-hour market seems to have found a strong base at the lowest limit of the Bollinger Bands. Prices have been rising off the support at $0.005743 since two sessions ago.

The corresponding price candle for the ongoing session continues to inch closer to the middle band of the Bollinger Bands. This appears to be a systematic approach to finding another higher and stronger support for more upside correction. In that regard, the Moving Average Convergence Divergence (MACD) indicator lines have delivered a bullish crossover. Consequently, this signals that price movements may gain more traction shortly, strengthening the possibility that prices may approach the $0.006900 mark.

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— Dash 2 Trade (@dash2_trade) December 18, 2023

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