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Price activity in the Dash 2 Trade market has extended its upside rebound from an important base of support. Even considering the way prices have increased, price movement in the market suggests that the market is lively. At this point, it seems more movement may be seen in the market.
Key Price Levels:
Resistance: $0.003500, $0.003750, and $0.004000
Support: $0.003100, $0.002600, and $0.002200
Dash 2 Trade Acquired More Bullish Momentum
Since the previous session, D2T price action has rebounded upwards. However, the corresponding price candle for that session only appeared as a green hammer price candle. Technically, this signaled a bullish reversal, which has been reflected in the ongoing session.
Consequently, the session has taken off from the 50-day Exponential Moving Average (EMA) curve. Meanwhile, the Stochastic Relative Strength Index (SRSI) lines have performed a crossover below the 50 level of the indicator. This aligns with the price upside rebound in the 4-hour market and signals that the upside rebound may extend further retaining the usefulness of bullish crypto signals innthis market.
D2T Bulls Stay in the Driving Seat
In the Dash 2 Trade hourly market, we perceive that price action has risen past all the EMA lines. Also, a new session has begun with upside forces still leading. Although it could be perceived that price movement has been impeded a bit, the fact that trading activity continues above all the EMA lines maintains that upside forces have an advantage.
Meanwhile, the SRSI lines can be seen rising sharply out of the overbought region. The leading line can be seen arriving above the 80 level, while the lagging line remains below the 60 level of the indicator. As it stands, traders can set their targets at $0.003400. Meanwhile, here are the five most significant Smart Money purchases from the past 24 hours:
1. $ZENT
2. $TURBO
3. $PEPE
4. $LINK
5. $FLIP
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