Dash 2 Trade Price Prediction for Today, August 16: D2T Approaches the $0.007000 Resistance Mark

Headwinds seem subdued as Dash 2 Trade’s price continues to rise closer to a medium-term resistance price mark. Signs picked up in this market align with the prediction that more upside levels may be covered. This implies that buyers stand to gather more profits.

Dash 2 Trade: August 16, 2023
D2T Value: $0.006799
Dash 2 Trade Market Cap: $2.01M
Dash 2 Trade Flowing Supply: 298.5M D2T
D2T Total Supply: 1 billion
D2T’s Ranking on CoinMarketCap: 2991

Major Price Levels:
Resistance: $0.006799, $0.006850, and $0.006900
Support: $0.006750, $0.006700, and $0.006650

D2T Bulls Continue to March Northward

Price action in the Dash 2 Trade 4-hour market has continued to rise after it broke through the $0.006500 resistance price mark. Price action has rebounded upwards off the Simple Moving Average (SMA) curve after the previous session sat just on top of it.

Also, the Stochastic Relative Strength Index (RSI) indicator has performed a bullish crossover above the level 50 indicator. Additionally, the last price candle here has no upper shadow, which signals that bulls are dominant in the ongoing session. Adding up all the available signs in this market, the D2T price seems set to keep rising.

Dash 2 Trade Stays Primed for More Upside Profits

The D2T 1-hour market is still focused on presenting bullish traders with more gains. Since the past two trading sessions, price action in this market has maintained its upside path. Likewise, the ongoing session has offered more upside moves, going by the characteristics of the last price candlestick here.

In addition, the Stochastic RSI indicator lines show that upside forces continue to strengthen. Consequently, this effectively communicates the dominance of bulls in this market. Therefore, price action may soon break the $0.007000 resistance, as earlier mentioned. While this is on the way, you can take a minute to go through our Smart Money insight.

🔍 Smart Money Insights 🚀

📊 Another week of sideways action, but if you're still here grinding, you're on the path to conquer the Bull. Smart Money's stablecoin holdings dipped slightly this week, a rare move. Just yesterday, it fell to 11.7%, possibly linked to a Smart Money… pic.twitter.com/Pnw0ecl1lj

— Dash 2 Trade (@dash2_trade) August 15, 2023

Would you like to invest in a coin that has the potential to give you huge profits? Then you may want to give Dash 2 Trade (D2T) a trial. Buy D2T now!