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Following Bitcoin’s recent surge, the altcoin market has faced significant headwinds, impacting the Dash 2 Trade (D2T) market as well. However, the D2T market is making notable recovery moves, with price action beginning to approach the $0.001000 level.
Dash 2 Trade: January 2025
D2T Value: $0.000988
Market Capitalization: $294.57K
Circulating Supply: 298,500,000
Total Supply: 1 billion
CoinMarketCap Rank: 7684
Key Price Levels:
Resistance: $0.001000, $0.001200, $0.001400
Support: $0.000900, $0.000800, $0.000700
Dash 2 Trade Shows Significant Buying Momentum
On the 4-hour chart, the D2T market has been under the influence of upward forces for the past four sessions. However, price action remains below the Moving Average (MA) lines. Despite this, buyers appear to be in control, as indicated by the last price candle on the chart.
The Stochastic Relative Strength Index (RSI) lines are currently in the oversold region, but they are trending upward following a bullish crossover. This technical setup suggests that price action may continue to move higher in the coming sessions.
D2T Market Remains in the Green
Despite reduced volatility, the Dash 2 Trade market is experiencing rising tailwinds. The latest price candle on the 1-hour chart indicates that buyers are leading the session. While price action is still below all the MA curves, it is nearing the 20-day MA.
Additionally, the Stochastic RSI lines initially appeared to form a downward crossover but are now moving slightly upward. This upward movement reflects the dominance of bullish forces, which are keeping the market afloat. If price action crosses the 20-day MA line, bullish momentum is likely to strengthen, potentially driving the market toward the $0.001200 level. In the meantime, you can easily monitor and control all your Signal Alerts from a single, centralized location!
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— Dash 2 Trade (@dash2_trade) January 17, 2025
Would you like to invest in a coin that has the potential to give you huge profits? Then you may want to give Dash 2 Trade (D2T) a trial. Buy D2T now!
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