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For two sessions in a row, D2T has been recording profits. At this point, price action is already testing a physiological resistance level. Once price action experiences a break here, bulls may run free toward higher price marks.
Dash 2 Trade: July 6, 2023
D2T Value: $0.007385
Dash 2 Trade Market Cap: $2,233,985
Dash 2 Trade’s Circulating Supply: 299 million
D2T Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3317
Major Price Levels:
Resistance: $0.007385, $0.007450, and $0.007550
Support: $0.007350, $0.007310, and $0.007270
D2T Buyers Launch an Upside Recovery Move
As earlier mentioned, buyers in Dash 2 Trade’s 4-hour market have been recording consistent gains since the previous session. The last price candle on this chart is already eying the resistance at $0.007413.
Furthermore, the Moving Average Convergence Divergence (MACD) lines are now trending sideways but below the equilibrium level. However, the last histogram bar of the MACD is now pale red, which indicates that downward forces are getting tired and may soon give way to upside ones.
Besides, considering the consistent wins recorded on the buyer’s side of the market, it appears that price action may gather more upside traction.
Dash 2 Trade’s Price Action Seems Ready For More Upside Move
Moving on to the D2T 1-hour market, it could be seen that the ongoing trading session holds considerable upside promise.
Price activities in this market have tested and broken the resistance formed by the 9-day Moving Average (MA) line in previous trading sessions. The last price candle can be seen sitting above the 9-day MA.
Also, the wick of this price candle can be seen piercing through the 21-day MA curve. Consequently, this suggests that buying pressure may increase in this market shortly. The MACD lines can be seen approaching a bullish crossover below the equilibrium level.
Therefore, it appears that a retracement of the $0.007600 price mark is possible in this market. Also, the Dash 2 Trade platform has been updated to offer a better user experience. Thumbs up to the development team!
Dash 2 Trade Development Update:
04.07.2023Database load reduced, CDK adopted, sticky header added, time counter for upcoming listings, improved table responsiveness, downloadable token highlights, and FAQ page updates.
— Dash 2 Trade (@dash2_trade) July 5, 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!
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