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Price action in the D2T market has recently been seeing some recovery. This has been steady even when price action seems to have come under the control of downward forces. As a result, the market stays above the psychological support level at the $0.001000 price level. Let’s get a closer look at things in this market.
Dash 2 Trade: December 2024
D2T Value: $0.001246
Dash 2 Trade Market Capitalization: $372.03K
D2T Circulating Supply: 298,500,000
Dash 2 Trade Total Supply: 1 billion
Dash 2 Trade CoinMarketCap Rank: 6999
Key Price Levels:
Resistance: $0.001500, $0.001750, $0.002000
Support: $0.001000, $0.0009500, $0.0009000
Dash 2 Trade Floats Above the 20-Day MA
As noted above, price action in the D2T 4-hour market remains above the 20-day Moving Average (MA) lines. This remains even as the last price candle on the chart has appeared red. However, the positioning of the last price candle above the 20-day MA lines as well as the $0.001050 support level brightens future price movements.
Likewise, the Stochastic Relative Strength Index (RSI) lines can be seen as still having an overall upward bearing. In addition, the perceived upward trajectory of the RSI lines is above the 50 threshold level of the indicator. Technically, this hints that the upside retracement may have a fair upside backing.
D2T Market Stays Protected
Coming to the Dash 2 Trade 1-hour market, it could be seen that bullish price candles have been appearing more frequently lately. The last price candle on the chart is a dashed one but sits just above the 20-day MA line. The market has been rising upward since the past two sessions, and for the market to hold just above the 20-day MA curve seems a bit impressive.
The Stochastic RSI lines can be seen retaining an upward path with the lead line just surpassing the 70 threshold level of the indicator. From these indications, traders may anticipate an upward rebound towards the $0.001300 mark. While that is on the way you should be informed that Dash 2 Trade empowers you to navigate the crypto market with confidence. Our platform provides cutting-edge analytics and social trading tools, enabling you to make informed decisions and unlock your trading potential.
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✅ Real-Time Trading Signals: Never miss an opportunity with buy/sell alerts backed… pic.twitter.com/NXw0v3n1AS— Dash 2 Trade (@dash2_trade) December 24, 2024
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