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Headwinds in the Dash 2 Trade market have caused a downward correction to occur. However, buyers are now regaining control of price action. This has refocused the token upwards and now makes it challenge the resistance price mark at the $0.005802 mark. Trading indicators are aligning to suggest the possibility of more upside corrections in this market.
Dash 2 Trade: December 27, 2023
D2T Value: $0.005759
Dash 2 Trade Market Cap: $1,711,560
D2T Circulating Supply: 298.5M D2T
Dash 2 Trade Total Supply: 1 billion
D2T Ranking on CoinMarketCap: 3374
Key Price Levels:
Resistance: $0.005759, $0.005800, and $0.005900
Support: $0.005700, $0.005600, and $0.005500
Dash 2 Trade Is Shaking off Bearish Influences
Over the past six sessions in the Dash 2 Trade 4-hour market, there has been a fierce battle against headwinds. However, it is now appearing that buyers may have eventually defeated bearish influences in this market.
This opinion stems from the fact that price action seems to have increased in bullish momentum, considering the appearance of recent price candles in this market. Likewise, the Moving Average Convergence Divergence (MACD) indicator has already delivered a bullish crossover below the 0.00 level. Also, green bars have started appearing above the equilibrium level. This will most likely provide additional traction for price movements in this market.
D2T Continues to Gain Momentum
In the Dash 2 Trade 1-hour market, it could be observed that technical indicators are still aligning to favor the bull side of the market. Here, price action has risen past the middle limit of the Bollinger Bands. In fact, the price candle representing the ongoing session is now pushing against the uppermost limit of the Bollinger Bands.
At the same time, the RSI indicator lines are now converging in the overbought region of the market. This suggests that price action may trend further upwards towards the $0.006000 mark as trading continues. Additionally, here are the latest Smart Money picks from the last 24 hours:
$UNI
$GRT
$COMP
$GALA
$AAVE
Explore detailed insights into Smart Money activity by joining our Discord community for in-depth analysis.
🚀Smart Money Insights📊
Smart Money is individuals & entities who are seen as experienced & informed, often signaling future trends.
These are the top 5 Smart Money buys past 24-hours:$UNI$GRT$COMP$GALA$AAVECheck out our Discord for deep dives on Smart Money activity pic.twitter.com/INkuDevGGG
— Dash 2 Trade (@dash2_trade) December 27, 2023
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