Dash 2 Trade Price Prediction for Today, July 5: D2T Price Action Is Racing Towards the $0.007600 Mark

D2T price action is refusing to stay restricted between the price range of $0.007276 and $0.007500. Consequently, buyers are already preparing to break out of this range once more. This seems like a good opportunity to make some profits.

 

D2T: July 5, 2023
Dash 2 Trade Value: $0.007461
D2T Trade Market Cap: $2,233,985
D2T Flowing Supply: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3202

 

Major Price Levels:
Resistance: $0.007461, $0.007500, and $0.007600
Support: $0.007411, $0.007361, and $0.007311

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Dash 2 Trade Price Action Retracts Towards the $0.007500 Price Mark

 

In the previous trading session in the Dash 2 Trade market, there was a sudden price increase. This price move saw prices break through into the $0.007500 price level. However, the following session brought the price back below it.

 

At this point, the last price candle here can be observed to be retracting upwards, after testing the 9- and 21-day Moving Average (MA) lines as support. Also, the Relative Strength Index (RSI) indicator can be seen rising steadily toward the overbought region.

 

The leading line of the RSI is already above the 50 level. This is pointing out that price action is gaining upside momentum.

 

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D2T Buyers Are on Top In the New Session

 

In the Dash 2 Trade 1-hour market, trading activities are revealing that buyers may advance prices towards $0.007500 in the ongoing trading session. A green price candle has just appeared clearly above the crossed MA lines.

 

At the same time, the curves of the MACD indicator are now above the equilibrium level. Although the bars of this indicator are pale green, which implies weakening upside momentum. The appearance of the last green price candle above the MA lines negates the idea of the price falling back toward support levels.

 

Consequently, traders can anticipate a price correction toward $0.007550 soon. Also, you  should know that Stablecoin keeps declining while Bitcoin keeps hinting that bullish momentum is building up in the crypto market.

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🔎 Smart Money Update: Stablecoin decline continues, now at 12.7%. Conviction grows as market wakes up. Bitcoin closes 5 green monthly candles in 7 months, hinting at potential bull market. Golden Cross in March and breakout/retest pattern signal bullish momentum.

— Dash 2 Trade (@dash2_trade) July 4, 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!