Dash 2 Trade Price Prediction for October 19: D2T Rejects Trading Below the $0.004447 Threshold

Price action in the Dash 2 Trade market had cautiously approached the $0.005000 price level. However, as soon as the price action in this market broke through that resistance, headwinds restricted further progress. Nevertheless, at this point, the price action seems to have had strong support and has started an upside correction.

Dash 2 Trade: October 19, 2023
D2T Value: $0.004553
D2T Market Cap: $1,430,889
Dash 2 Trade Circulating Supply: 298.5M D2T
D2T Total Supply: 1 billion
Dash 2 Trade’s Ranking on CoinMarketCap: 2624

Key Price Levels:
Resistance: $0.004553, $0.004650, and $0.004750
Support: $0.004500, $0.004400, and $0.004300

Dash 2 Trade Bounced Off Support at $0.004447

The ongoing session in the Dash 2 Trade 4-hour market has shown that buyers have entered the market with a doable spirit. This could be seen as price action bounced off the support at the $0.004447 mark.

Additionally, the Relative Strength Index (RSI) indicator has also shown that more bullish momentum may build up in this market henceforth. A bullish crossover has been displayed on the RSI indicator, deep in the oversold region. Consequently, the price level of $0.004447 seems like a strong support level in this market.

D2T Seems Prepared to Go Violently Bullish

The D2T 1-hour market has further revealed that bulls are warming up to a more significant price increase in this market. Following the upside rebound that occurred in this market in the previous session, it could be seen that another session has started, and tailwinds remain dominant, considering the appearance of the last price candle on the chart.

In addition, the RSI indicator lines can be seen ramping steeply upwards towards the overbought region. A closer observation of the RSI indicator reveals that there is a significant divergence between the leading and lagging lines of the RSI. This points to a rising momentum capable of thrusting prices towards the $0.004800 mark. To further advance the overall user experience and utility of the Dash to Trade platform, some upgrades have been implemented.

Dash 2 Trade Development Update:
18.10.2023

Fixed event issues, improved Auto-Trading UI, enhanced social metrics backend, corrected technical indicator calculation, strengthened password checks, and cleaned up the Landing Page for SEO.

-Fixes for events: light theme improved,… pic.twitter.com/c0ggjpPa0j

— Dash 2 Trade (@dash2_trade) October 18, 2023

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