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Dash 2 Trade’s price activity climbed upwards through the price regions below the $0.008000 mark, to now trade above that price level. Meanwhile, technical indicators are fairly suggesting that price action may advance on its upside path in the meantime, despite the activities of headwinds.
Dash 2 Trade: February 26, 2024
D2T Value: $0.008090
Dash 2 Trade Market Cap: $2,344,643
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade’s Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: 2480
Key Price Levels:
Resistance: $0.008090, $0.008200, and $0.008400
Support: $0.008000, $0.007900, and $0.007800
D2T Bulls Are Resisting Headwinds
From the Dash 2 Trade 4-hour market, we can see that trading activity remains above the middle band of the Bollinger Bands. At the same time, the last price candle here shows that upside forces are fighting to stop further downward corrections.
Be that as it may, the Moving Average Convergence Divergence (MACD) indicator lines are still rising out from below the equilibrium level. However, we can see that the bars of the indicators are appearing above the equilibrium level despite their pale green appearance. This suggests that the ongoing upside correction in the market seems promising.
Dash 2 Trade Prepares to Take an Upward Leap
Coming to the D2T 1-hour market, we can see that price action has landed on a support level at the $0.008018 mark. We can also see that this price level aligns with the lowest band of the Bollinger Bands indicator. The last price candle here also appears like a spinning top price candle.
Consequently, this implies that market forces are at loggerheads in this market. Recalling the principle of operation of the Bollinger Bands, it can be expected that price action may rebound upwards off the reached support level. Therefore, traders can utilize the dip by setting trades using crypto signals with targets nearer the $0.009200 mark. Meanwhile, here are the latest Smart Money acquisitions in the past 24 hours:
– Ethereum ($ETH)
– Algorand ($ALI)
– Gala Games ($GALA)
– The Graph ($GRT)
– AIOZ Network ($AIOZ)
For an in-depth analysis of Smart Money movements, join our Discord community!
🚀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:$ETH$ALI$GALA$GRT$AIOZ
Check out our Discord for deep dives on Smart Money activity pic.twitter.com/07W4SkSW5g
— Dash 2 Trade (@dash2_trade) February 24, 2024
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