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The Dash 2 Trade market has started recovering after experiencing a sharp downward correction in its price action. This occurred following a sustained period of bullishness, during which the price soared to a multi-month high. The market is gradually regaining its upside focus at this point.
Dash 2 Trade: February 23, 2024
D2T Value: $0.007446
Dash 2 Trade Market Cap: $2,178,600
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade’s Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: #3552
Key Price Levels:
Resistance: $0.007446, $0.007500, and $0.007600
Support: $0.007400, $0.007300, and $0.007200
D2T Price Action Rises Steadily
Price movement in the Dash 2 Trade 4-hour market has started regaining its upside focus. Over the previous session, this market has seen a steady rise and has now surpassed the green set of the Guppy Multiple Moving Average (GMMA) lines.
This seems favorable, despite the minimal downward correction seen in the ongoing session. Also, the Moving Average Convergence Divergence (MACD) curves are rising steadily upwards from below the equilibrium level. At the same time, the bars of the MACD can be seen growing taller and appearing above the equilibrium level. Consequently, this seems to foretell that price action may maintain a steady approach towards higher price levels, and traders can continue to use bullish crypto signals here.
Dash 2 Trade Lands More Bullish Prospects
Dash 2 Trade Lands More Bullish ProspectsExtending the D2T price analysis to a 1-hour market, we can see that price activity seems to have risen past some more technical landmarks, which may have further upside implications for this token. Here, price activity can be seen above and crosses some of the green and red GMMA lines.
The ongoing session has printed minimal upside correction, suggesting that price action may rise further from here on out. The Relative Strength Index (RSI) lines can be seen trending downward; however, the tips of these lines are now converging for an upside crossover. By implication, this will deliver more upside thrust for this token, pushing its price towards the $0.008000 mark. However, here are the latest top 5 Smart Money picks within the last 24 hours:
– $DYDX
– $ALI
– $PROM
– $ARB
– $WLD
For in-depth analysis and discussions on Smart Money movements, join our Discord community now!
🚀Smart Money Insights📊
Smart Money is individuals & entities who are seen as experienced & informed, often signaling future trends.
These are the top 5 Smart Money buys past 24-hours:$DYDX$ALI$PROM$ARB$WLD
Check out our Discord for deep dives on Smart Money activity pic.twitter.com/bP8ONx0VAw
— Dash 2 Trade (@dash2_trade) February 23, 2024
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