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Trading activities in the Dash 2 Trade market have been staying around the $0.005000 mark for a while now. At this point, price action is behaving in such a way that suggests buyers may be regrouping to stage a notable price surge through elevated price marks.
Dash 2 Trade: November 16, 2023
D2T Value: $0.004927
D2T Market Cap: $1,457,749
Dash 2 Trade Circulating Supply: 298.5M D2T
D2T Total Supply: 1 billion
Dash 2 Trade’s Ranking on CoinMarketCap: 2793
Key Price Levels:
Resistance: $0.004927, $0.005000, and $0.005100
Support: $0.004900, $0.004800, and $0.004700
Dash 2 Trade Maintains Upside Trajectory Towards the $0.005000 Mark
Ever since Dash 2 Trade’s price action bounced off the lower limit of the Bollinger Bands indicator, price action seems to have stayed consistent towards a nearby support of the $0.005000 mark. The ongoing session has its upper shadow piercing through the middle limit of the Bollinger Bands while its body tags along closely.
Additionally, the Moving Average Convergence Divergence (MACD) indicator lines have converged for a bullish crossover below the equilibrium level. Also, the bars of the mentioned indicator are vanishing into the 0.00 level of the indicator as they are now pale red. Consequently, this suggests that while bulls are in control, bears are losing momentum. As a result, prices may increase, as earlier opined in this market.
Dash 2 Trade Retains Promising Stand
In the shorter time frame of a 1-hour D2T market, it is revealed that price action seem to stay afloat. Price activity remains above the Bollinger Band middle limit. Meanwhile, the MACD lines keep rising slightly towards the equilibrium level of the MACD. The leading line of the MACD lines is now on the verge of crossing the equilibrium level.
Although the MACD bars of this indicator are pale green, they are still appearing above the equilibrium level. Adding the fact that price action remains above the middle limit to the fact that the lines of the MACD are still appearing above the equilibrium level, one can speculate that prices may still be headed toward the $0.005300 mark. Also, the Dash 2 Trade platform has added a new round of upgrades; all these are aimed at improving the user’s experience.
Dash 2 Trade Development Update:
15.11.2023New indicator for social metrics, work on PNL calculation, added more coin classes, multiple events page improvements, work on grid botand LP.
-Created new ingestor to track whale wallets on social metrics.
-Work in progress on PNL… pic.twitter.com/LBWaFhnqBz— Dash 2 Trade (@dash2_trade) November 15, 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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