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Price movement in the Dash 2 Trade market has behaved as expected, with price action breaking out of a falling wedge pattern. The token’s price reached the $0.001500 threshold, which provided strong resistance to further upside corrections. Nevertheless, the market has resurfaced above the stable support at $0.000869, suggesting that we may see further market progress.
Dash 2 Trade: October 2024
D2T Value: $0.000920
D2T Market Cap: $269K
D2T Circulating Supply: 298,500,000
Dash 2 Trade Total Supply: 1 billion
D2T CoinMarketCap Ranking: 6433
Key Price Levels:
Resistance: $0.000950, $0.001150, $0.001300
Support: $0.000900, $0.000850, $0.000800
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Dash 2 Trade Buyers Are Regaining Bullish Traction
The most recent price candle on the D2T 4-hour price chart is green, breaking through the $0.000869 price level, which had served as a resistance in the previous session. However, prices remain below the middle band of the Bollinger Bands. Despite this, the latest price candle appears unaffected by headwinds.
At the same time, the Stochastic Relative Strength Index (Stochastic RSI) lines are rising from the oversold zone, indicating that upward forces may push the market further past the middle Bollinger Band. This could enhance bullish confidence in the market.
D2T’s Buyers Are Securing More Bullish Ground
On the Dash 2 Trade 1-hour chart, price action indicates that the market may have gained the necessary momentum for further upward movement. The last price candle has found support above the middle Bollinger Band, and the bands have contracted significantly.
Additionally, the Stochastic RSI lines are rising, with the leading line now above the 50 mark. This suggests that crypto signals targeting a potential retracement of the $0.001250 price level may be useful in this market. Meanwhile, traders should note that they can now link their TradingView accounts to Dash 2 Trade.
Dash 2 Trade Monthly Developer Update: (Sep 2024)
💫 New Features:
-Webhooks are out! You can now link your @tradingviewaccount to Dash 2 Trade, and trade any custom signal/strategy from TradingView using Dash 2 Trade platform.
-Added Notification and Alerts for market events… pic.twitter.com/GMOmGQyqn5— Dash 2 Trade (@dash2_trade) October 7, 2024
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