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Price action in the Dash 2 Trade market received a significant boost from upside forces, causing the market to spontaneously rise through the resistance level at the $0.003000 mark. It appears that the market is preparing to stabilize above this psychological support for a continued upside correction.
Dash 2 Trade: May 30, 2024
D2T Value: $0.003120
Dash 2 Trade Market Cap: $947,948
D2T Circulating Supply: 298.5 million D2T
Dash 2 Trade Total Supply: 1 billion
Dash 2 Trade Ranking on CoinMarketCap: 4015
Key Price Levels:
Resistance: $0.003500, $0.004500, and $0.005500
Support: $0.003000, $0.002500, and $0.002000
D2T Bulls Sustain the Market Above the $0.003100 Level
Following the spontaneous price increase in the Dash 2 Trade 4-hour market, downward forces attempted to bring down the market. However, upside forces seem to have found a strong baseline above the $0.003100 mark. For the past two sessions, the market has been stable at this level.
The last price candle appears thin above all the Exponential Moving Average (EMA) lines, indicating a fierce battle between market forces. The Stochastic Relative Strength Index (SRSI) indicator curve has risen past the 80 mark, demonstrating the prevalent trend in the market.
Upside Forces in the Dash 2 Trade Market Are Staying Afloat
The D2T 1-hour market reveals that upside forces may soon regain full control. In the previous sessions, price action has crept slightly upward above the EMA lines. The market appears to be significantly contracting, suggesting a tough battle. A breakout at this time may result in a significant price move in one direction.
The SRSI indicator lines are trending sideways above the 60 level, affirming the current market situation. However, upside forces are likely to win, with price activity occurring in their favor. Consequently, the market may trend towards the $0.004000 mark, this show that crypto signals with targets at that mark may be useful in this market. By the way, did you notice we’ve added five new crypto market events to the Signals page?
Did you notice we added 5 new crypto market events to the Signals page?🛑
Channels offer some of the best trading opportunities, especially when breakouts happen, while the Death Cross and Golden Cross are some of the strongest trading signals out there!🔧
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