Buyers of Dash 2 Trade are persistent, maintaining an advantage in the market despite facing headwinds. Currently, the token’s price action rests at a significant support level, potentially positioning itself for further upside correction.
Dash 2 Trade: November 1, 2023
D2T Value: $0.004426
D2T Market Cap: $1,342,990
Dash 2 Trade Circulating Supply: 298.5M D2T
D2T Total Supply: 1 billion
Dash 2 Trade’s Ranking on CoinMarketCap: 2692
Key Price Levels:
Resistance: $0.004426, $0.004500, and $0.004600
Support: $0.004400, $0.004300, and $0.004200
Dash 2 Trade Stands on a Favorable Platform
As previously mentioned, the price action in the Dash 2 Trade 4-hour market has maintained its position above a significant support level around $0.004400. Moreover, this support level lies above the Guppy Multiple Moving Average indicator lines, indicating a promising market despite decreasing volatility.
Although the Relative Strength Index (RSI) indicator lines continue their downward trend, they are gradually converging. This development brightens the prospects for a possible trend reversal, potentially prompting further upside corrections in the market.
Upside Forces Are Gaining the Upper Hand in the D2T Market
As noted earlier, D2T’s price action has been steadily ascending into price regions beyond the $0.004410 mark. The last price candle positions the token’s value at the $0.004431 mark. Additionally, the MACD indicator lines are still above the equilibrium level, but they are trending slightly downward.
However, the MACD indicator bars persist in appearing pale red below the equilibrium level, suggesting that downward forces are weakening and the market may be gearing up for further upside corrections, possibly aiming for the $0.004600 mark. It’s also noteworthy that the D2T platform has undergone recent upgrades aimed at enhancing its functionality.
Dash 2 Trade Development Update:
01.11.2023Testnet contract for subscriptions delpoyed, big events page upgrade, updates to the subscription page, health checks and more.
-First version of the subscription smart contract deployed on testnet.
-Multiple events page… pic.twitter.com/aE2JVtKgwk— Dash 2 Trade (@dash2_trade) November 1, 2023
Would you like to invest in a coin that has the potential to give you huge profits? Then you may want to give Dash 2 Trade (D2T) a trial. Buy D2T now!
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