Dash 2 Trade Price Prediction for June 17: D2T Surges

Azeez Mustapha

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Earlier today, price activity in the Dash 2 Trade market witnessed a significant price surge. This surge broke through multiple resistance levels. However, the market encountered headwinds and subsequently contracted downward. Nevertheless, the overall price action remains on an upward trend and may see further gains in the coming sessions.

Dash 2 Trade: June 17, 2024
D2T Value: $0.003615
Market Cap: $1,072,679
Circulating Supply: 298.5 million D2T
Total Supply: 1 billion
CoinMarketCap Ranking: 3889

Key Price Levels:
Resistance: $0.004000, $0.004500, $00.005000.
Support: $0.003500, $0.003000, and $0.002500

Dash 2 Trade Price Prediction for June 17: D2T Surges

Bullish Momentum Persists

As mentioned earlier, the Dash 2 Trade  market experienced a significant price surge, likely the biggest in a month. Despite encountering headwinds that caused a temporary dip, D2T remains above all Exponential Moving Averages (EMAs). Interestingly, these EMAs seem to be converging and potentially crossing below the current price action.

Additionally, the Moving Average Convergence Divergence (MACD) indicator displays an upward trend after breaching the equilibrium level. These technical indicators suggest a bullish market, with the price holding above $0.003600.

https://www.gate.io/trade/D2T_USDTUpward Trend Likely to Continue

Examining the shorter-term, Dash 2 Trade hourly chart, we see strong resistance against further downward corrections towards the crucial $0.003600 support level. Similar to the daily chart, price action stays above all EMAs, and the MACD lines maintain a positive outlook.

The indicator bars remaining above the equilibrium level further suggest the potential for continued upward retracement. Traders might anticipate a breakthrough of the $0.003700 and $0.003800 resistance levels by using crypto signals targeting these marks. Also, are you intrigued by questions? Ditch the exclamation point and spark curiosity: Ready to dive into crypto? Bundles make it easier than ever.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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