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The Dash 2 Trade market has witnessed a strong recovery after hitting a low of $0.000600. Price action has quickly raced through key technical levels. Additionally, technical indicators are aligning to suggest that this market is likely to trend higher subsequently.
Dash 2 Trade: January 2025
D2T Value: $0.001012
Market Capitalization: $302.08K
Circulating Supply: 298,500,000
Total Supply: 1 billion
CoinMarketCap Rank: 6760
Key Price Levels:
Resistance: $0.001200, $0.001400, $0.001600
Support: $0.000900, $0.000700, $0.000500
Dash 2 Trade Rides a Choppy Tailwind
Buyers in the D2T market have been notably bullish recently. Bullish-priced candles have been more dominant. Consequently, the latest price candle is testing the 50-day Moving Average (MA) lines. Moreover, the Stochastic Relative Strength Index (RSI) lines have risen into the overbought region.
Although the Stochastic RSI lines remain in the overbought region, they have converged at the 100 mark. A sideways drag there may aid further price increases. If price action advances beyond the 50-day MA lines, further gains are expected.
D2T Upside Retracement May Gain Momentum
On the Dash 2 Trade one-hour market timeframe, price action has advanced beyond more MA lines than on the four-hour chart. As a result, price action is now testing the 100-day MA lines. Additionally, the 20- and 50-day MA lines are converging below the most recent price candles.
Meanwhile, the Stochastic RSI lines are rising sharply into the overbought region. The leading line has reached the 100 mark, while the lagging line remains below the 80 mark. This disparity suggests that the market is volatile. Therefore, a crossover on the 20- and 50-day MA lines may strengthen bullish momentum. Market participants can aim for the $0.001200 mark. 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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