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After the price activity in the Dash 2 Trade market managed to rebound from the support around the $0.005142 price level, it became apparent that headwinds had gently attempted to regain control of the market. However, buyers appear to stand solidly behind bullish bets in this market. Consequently, this has rekindled upside hopes for this token.
D2T: January 9th, 2024
Dash 2 Trade Value: $0.005321
D2T Market Cap: $1,608,480
Dash 2 Trade Circulating Supply: 298.5M D2T
D2T Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: 3346
Key Price Levels:
Resistance: $0.005321, $0.005400, and $0.005500
Support: $0.005300, $0.005200, and $0.005100
Dash 2 Trade Is Set to Continue Upside Corrections
Price activity in the D2T market indicates that buyers have started retaining control of price movement. The previous session saw a mild downward correction, with prices falling closer to the $0.0005300 mark.
Meanwhile, the ongoing session demonstrates resilience as price action rebounds to its previous upward path. The previous session also suggested that the resistance at the middle limit of the Bollinger Bands at $0.005473 seems strong. Consequently, with price action refocusing in the ongoing session, this signals that the price level may also serve as a robust baseline from which buyers may target higher levels.
D2T Braces for Further Price Increase
The last price candle on the Dash 2 Trade hourly market reveals that trading activities in this market are now occurring above the middle limit of the Bollinger Bands. Simultaneously, the Moving Average Convergence Divergence (MACD) bars are still appearing above the equilibrium level, despite their pale green appearance.
Likewise, the lines of this indicator are slightly trending upward. Combining this with the fact that price action is now above the middle limit of the Bollinger Bands shows that upside forces can gain momentum and initiate a retracement toward the $0.005600 mark. Also, here are the latest Smart Money picks in the last 24 hours:
1. Polygon ($MATIC)
2. Shiba Inu ($SHIB)
3. Ethereum ($ETH)
4. dYdX ($DYDX)
5. Pepe ($PEPE)
Explore detailed insights into Smart Money moves on our Discord channel.
🚀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:$MATIC$SHIB$ETH$DYDX$PEPE
Check out our Discord for deep dives on Smart Money activity pic.twitter.com/HhjZ5NlZQn
— Dash 2 Trade (@dash2_trade) January 8, 2024
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