Dash 2 Trade Price Prediction for March 16: D2T Regains Upside Traction at the $0.005100 Mark

Azeez Mustapha


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Dash 2 Trade Bulls appear to have regained control after price action hit the $0.005100 mark in the previous session. The current price increase seen in the ongoing session seems quite significant and has pushed the market through some important marks. Consequently, the market seems poised for more price increases.

Dash 2 Trade: March 16, 2024
D2T Value: $0.005185
Dash 2 Trade Market Cap: $1,509,567
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade’s Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: 3783

Key Price Levels:
Resistance: $0.005185, $0.005300, and $0.005500
Support: $0.005100, $0.0054900, and $0.004500

Dash 2 Trade Price Prediction for March 16: D2T Regains Upside Traction at the $0.005100 Mark

D2T Price Action Leaps Off a Significant Baseline

Price activity in the Dash 2 Trade 4-hour market seems to have hit a strong baseline. Consequently, price action seems to have rebounded significantly off that support level. The ongoing session has seen the market rise above most of the green Guppy Multiple Moving Average (GMMA) lines.

In addition, the Stochastic Relative Strength Index (SRSI) indicator lines have given a quite sharp upside crossover in the oversold region. By implication, the seen price increase will gain more traction as more bullish crypto signals may be triggered in this market.

Dash 2 Trade Price Prediction for March 16: D2T Regains Upside Traction at the $0.005100 Mark

Dash 2 Trade Continues to Gain Control of the Market

In the D2T hourly market, we can see that price action continues to rise above more technical landmarks. This may result in more price increases as trading activities continue. The last price candle corresponding to the ongoing session can be seen rising above the green and some red GMMA lines in the 1-hour market. Likewise, the SRSI indicator lines have continued to approach a bullish crossover in the overbought region of the indicator.

Ensuing signs from technical indicators continue to signal that the market will most likely gain more upside traction towards higher price levels around the $0.05500 mark shortly. In addition, here are the latest Smart Money picks from the past 24 hours:

1. $CVX
2. #RSS3
3. $CHZ
4. $APE
5. $HFT

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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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