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Bulls in the Dash 2 Trade market have finally broken the eyed resistance at the $0.005000 mark. However, as if that wasn’t enough, this token has continued to gain more traction as its price action continues to climb higher. At this point, price activity seems to be preparing to challenge another key resistance.
D2T: December 7, 2023
Dash 2 Trade Value: $0.005712
D2T Market Cap: $1,415,637
Dash 2 Trade Circulating Supply: 298.5M D2T
Dash 2 Trade Total Supply: 1 billion
D2T Ranking on CoinMarketCap: 2670
Key Price Levels:
Resistance: $0.005712, $0.005800, and $0.005900
Support: $0.005700, $0.005600, and $0.005500
Dash 2 Trade Bulls Are on a Rampage
Bulls are in firm control of price movements in the D2T market. On the 4-hour time frame market, it could be observed that price action has broken through multiple resistances within a very short period. Even the upper shadow of the last price candle on this chart now tests the $0.005800 mark. Also, the ongoing session continues to occur outside the uppermost limit of the Bollinger Bands indicator.
At the same time, the ongoing session has faced too much of a downward rejection despite trading outside of the uppermost limit of the Bollinger Bands. Furthermore, the uppermost Moving Average Convergence Divergence (MACD) indicator suggests that this market has gained massive volatility considering the size of its bars above equilibrium and the bearing of its lines.
Bulls in the D2T Market Are Consistent With Mounting Upside Pressure
Even in the hourly market, the Dash 2 Trade market remains dominated by bullish sentiment. Price activity has continued to rise smoothly upwards. As seen on the 4-hour market, we can perceive that price action remains outside the uppermost limit of the Bollinger Bands. Judging by the appearance of the upper shadow on the session’s corresponding price candle, a significant number of traders of this token are going long.
The MACD indicator lines continue to indicate that bullish momentum is increasing. Consequently, this suggests that this token will approach the $0.005900 price level. Meanwhile, the Dash 2 Trade platform has undergone some development to deliver a better user experience by integrating nice features that will make your trading experience seamless.
Dash 2 Trade Development Update:
05.12.2023Developed pages for "My Exchanges" and "Events," tested subscription contracts, migrated to v2 API for social metrics, resolved autotrader bugs, and integrated wallet connection and subscription purchase in the Front-end.
-Create… pic.twitter.com/yOjbP5YDhQ
— Dash 2 Trade (@dash2_trade) December 5, 2023
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