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The Dash 2 Trade token has rebounded after facing headwinds that pushed its price action below the $0.004000 threshold. It appears that traders have been utilizing the price decline as a favorable entry point, leading to its price action rising to the mentioned price level.
Dash 2 Trade Statistics: October 26, 2023
D2T Value: $0.004027
D2T Market Cap: $1,277,814
Dash 2 Trade Circulating Supply: 298.5M D2T
D2T Total Supply: 1 billion
Dash 2 Trade’s Ranking on CoinMarketCap: 2626
Key Price Levels:
Resistance: $0.004553, $0.004650, and $0.004750
Support: $0.004500, $0.004400, and $0.004300
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Dash 2 Trade Stages a Recovery Move Towards the $0.004100 Mark
Price activity in the Dash 2 Trade 4-hour market has shown resilience, with substantial buying activity triggered as prices dipped below the $0.004000 threshold. This token has been steadily gaining upside momentum since the previous session.
The ongoing session has further advanced the token’s price in the upward direction. However, the Relative Strength Index (RSI) indicator remains relatively low as its lines trend towards the oversold region. Nevertheless, the consistency of buyers since the previous session indicates that price action in this market may gain more traction.
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D2T Is Acquiring a More Elevated Support Level
Steadily but surely, the D2T hourly market shows the presence of buyers. Price action has climbed above some of the Guppy Multiple Moving Average curves, indicating an upward trajectory. Additionally, the RSI lines confirm the buildup of upside momentum in the market.
This implies that price action is set to rise higher above the $0.004000 mark, heading towards the $0.004150 price level. Meanwhile, the Dash 2 Trade Smart Money insight has revealed a sharp decline in Smart Money holdings.
🚀 Smart Money Insights 📊
As always, full version is posted on our Discord. Link in bio!🔗
📊 Smart Money Stablecoin holdings have experienced a rapid decline, falling from around 17% to approximately 13% in just a few days. These subtle signals have been paving the way for a… pic.twitter.com/kHcb2zAq6Q
— Dash 2 Trade (@dash2_trade) October 25, 2023
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