The D2T price has risen towards the price resistance level at $0.01877 but was attacked by a headwind, which brought the coin’s price to $0.01844. Nevertheless, trading indicators are showing optimistic signs that price action will bounce back toward higher levels.
Dash 2 Trade: April 26th, 2023
Dash 2 Trade Value: $0.01845
D2T Trade Market Cap: $5,575,842
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #2874
Major Price Levels:
Resistance: $0.01845, $0.01889, and $0.01930
Support: $0.01840, $0.01800, and $0.01780
Price Action in the Dash 2 Trade is in Position for More Upside Traction
It could be seen that on the D2TUSDT 4-hour market, price action is staying very close to the middle limit of the Bollinger Bands indicator. Also, the Bollinger Bands indicator itself is slightly tilted upward, which supports the indication that price action may rise upward. Meanwhile, lines on the Relative Strength Index (RSI) are converging in the oversold region. This observed activity on the RSI indicator suggests that upside momentum is building up, and will push prices upwards beyond the $0.01877 mark.
D2T Price Action Stays Out of Danger
On the 4-hour D2T/USDT market, it could be seen that price action has recently risen above the middle line of the Bollinger Bands indicator. However, there has been a minimal downward retracement in the ongoing session as of the time of writing. But the lines of the Relative Strength Index (RSI) indicator are now in the overbought region. However, these lines are approaching a crossover, but considering the position of these lines and the price candle on this chart price action can keep climbing higher. The possibility of an additional upside price move is higher at this point since a bit more buying will significantly influence the market trend. Also, you can rule the cryptocurrency market by joining the Dash 2 Trade community.
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— Dash 2 Trade (@dash2_trade) April 26, 2023
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