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Buyers seem to have resumed buying the dip in the Dash 2 Trade market. This has kept the token trading above the $0.007300 mark. Even trading indicators that have been utilized in studying this market hint that price action may have found significant bullish traction. Let’s look at things in a close-up fashion.
Dash 2 Trade: February 29, 2024
D2T Value: $0.007311
Dash 2 Trade Market Cap: $2,225,223
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade’s Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: 3709
Key Price Levels:
Resistance: $0.007311, $0.007500, and $0.007700
Support: $0.007300, $0.007200, and $0.007100
D2T Buyers Regroup at the $0.007000 Mark
The Dash 2 Trade market has bounced off the $0.007000 price mark in the 4-hour timeframe. Nevertheless, trading activity in this timeframe remains below the middle limit of the Bollinger Bands. This shows that price action can still climb upward to secure more traction.
Meanwhile, the Stochastic Relative Strength Index (SRSI) lines have already performed a bullish crossover in the oversold region. The lines of this indicator afterward have taken an upward path, which aligns with the opinion that the market can still climb upward, making the use of bullish crypto signals quite usable in this market.
Dash 2 Trade Bulls Are Making Progress
Coming from the D2T 1-hour market, we can perceive that prices remain considerably consistent with what they were in the 4-hour market. Furthermore, we can see that the last price candle here has started testing the middle limit of the Bollinger Bands. This reveals that price movement is nearing securing stronger tailwinds.
Meanwhile, the SRSI indicator lines have continued to rise upward from the overbought region, following a bullish crossover. Consequently, traders can anticipate that the price will climb back towards the $0.007700 mark. Also, you can discover the top 5 Smart Money picks from the last 24 hours:
– $SHIB
– $PEPE
– $COMP
– $LINK
– $BONE
Explore our Discord server for in-depth analysis of
Smart Money movements.
🚀Smart Money Insights📊
Smart Money is individuals & entities who are seen as experienced & informed, often signaling future trends.
These are the top 5 Smart Money buys past 24-hours:$SHIB$PEPE$COMP$LINK$BONE
Check out our Discord for deep dives on Smart Money activity pic.twitter.com/QZOZFLb6Ox
— Dash 2 Trade (@dash2_trade) February 29, 2024
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