Dash 2 Trade Price Prediction for Today, August 8: D2T Price Keeps Approaching New Heights

Azeez Mustapha

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Price action in the Dash 2 Trade price has continued moving towards higher price levels after surpassing the price level of about five days ago. As it stands, the technical indicator remains positively biased toward more upside price moves in this market.

D2T: August 8, 2023 
D2T Value: $0.005771
Dash 2 Trade Market Cap: $1.7M
D2T Trade Block Flowing: 299 million
D2T Total Supply: 1 billion
Dash 2 Trade’s ranking on CoinMarketCap: 2940

Major Price Levels:
Resistance: $0.005800, $0.005850, and $0.005900
Support: $0.005750, $0.005700, and $0.005650

Dash 2 Trade Price Prediction for Today, August 8: D2T Price Keeps Approaching New Heights

Bulls in the D2T Market Are Retaining Upside Profits

As earlier mentioned, price action in the Dash 2 Trade market has kept on rising steadily. The just concluded session saw prices in this market rise significantly towards the middle limit of the Bollinger Bands. Also, looking carefully at the recent price movement, it could be seen that price action continues to ascend slightly upward above the upside-sloping trendline.

At the same time, the Stochastic Relative Strength Index indicator keeps rising sharply despite the appearance of the last red price candle. As can be seen, it appears that bulls are significantly stronger at this point.

Dash 2 Trade Price Prediction for Today, August 8: D2T Price Keeps Approaching New Heights

Dash 2 Trade Buyers Are in for More Profits

The D2T 1-hour market reveals that buyers are more likely to witness additional price increases. This is portrayed as a green price candle reappearing for the ongoing session following a red one. The previous session experienced some price decline, but the ongoing session showed that bulls are active as they have recovered significantly from previous losses.

Plus, this price candle has appeared above the middle limit of the Bollinger Bands and has pushed prices closer to the $0.005800 mark. Meanwhile, the RSI showed that upside traction is on the rise once more. Therefore, it is more probable that price action will proceed toward the $0.00600 mark. Also, you can check out the Dash 2 Trade month-end analysis about the cryptocurrency sector.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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