D2T has seemingly established a strong base after its price action broke through the resistance at $0.004447. Additionally, technical indicators still show positivity regarding this market. Let’s delve deeper for a better understanding.
Dash 2 Trade: November 9, 2023
D2T Value: $0.004707
Dash 2 Trade Market Cap: $1,432,899
Dash 2 Trade Circulating Supply: 298.5M D2T
D2T Total Supply: 1 billion
Dash 2 Trade’s Ranking on CoinMarketCap: 2614
Key Price Levels:
Resistance: $0.004707, $0.004807, and $0.004907
Support: $0.004700, $0.004600, and $0.004500
Dash 2 Trade Appears to Prepare for Higher Support
D2T has impressively resisted headwinds, sustaining above nearby support of $0.004707 after encountering resistance just above the $0.005000 mark. Bulls have maintained market control despite reduced volatility.
The current price action is testing the Guppy Multiple Moving Average (GMMA) indicator lines. Simultaneously, the Relative Strength Index (RSI) indicator has been gradually rising, indicating a developing upside momentum. This suggests the market is quietly gaining momentum.
D2T May Witness Another Significant Price Surge
As previously mentioned, the Dash 2 Trade market is experiencing a favorable trend. The applied Bollinger Bands indicator shows significant contraction in the upper and lower limits, while the price action aligns with the middle limit of the Bollinger Bands indicator. This confirms the decreasing volatility and the market quietly gaining momentum.
Additionally, the leading line of the RSI is moving sideways towards the lagging lines, initiating a bullish crossover. This supports the possibility of a price surge above the $0.005000 mark. Furthermore, Dash 2 Trade has introduced some exciting developments, aiming to offer traders an exceptional user experience.
Dash 2 Trade Development Update:
07.11.2023Updated the API for event tags, addressed minor ingestor issues, advanced the V2 API, made improvements to the landing page and page skeletons, and work on app translation.
-Finished and updated API for relevant tags for events… pic.twitter.com/N3s4QFkqGH
— Dash 2 Trade (@dash2_trade) November 7, 2023
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