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Buyers are making progressive efforts to retrace higher price marks in the ongoing trading session. Already, price activity is prepared to break the resistance level at the $0.007600 price mark. Additionally, it appears that buyers have found nearby support from which further price upside retracement can occur.
D2T: June 15, 2023
Dash 2 Trade Value: $0.007590
D2T Trade Market Cap: $2M
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3215
Major Price Levels:
Resistance: $0.007590, $0.007640, and $0.007000
Support: $0.007550, $0.007500, and $0.007450
Dash 2 Trade Prepares a Well-Coordinated Upside Price Retracement
Since three trading sessions ago, when Dash 2 Trade price action tested support near the $0.007500 price mark, price action seems to have been rising steadily. At this point, this market isn’t far from gaining support above an important resistance level at the $0.007630 price level. The last price candle here is already testing the resistance at the mentioned price mark. Meanwhile, Relative Strength Index (RSI) indicator has already displayed a crossover, which attests to the ongoing upside price move in this market. As a result, price action in this market looks set for more upward moves.
D2T Price Action Stays Within the Reach of Upside Forces
The last price candlestick here on the D2T/USDT hourly market is now making contact with the 9-day Moving Average curve. Also, it is a green price candle, which signifies a favorable development in this ongoing trading session. Additionally, the curve on the RSI indicator has now converged for a crossover while journeying toward the oversold region. Consequently, this indicates that price action may surpass the 9-day MA curve, which will further strengthen upside hopes in this market. At that, price action may be heading toward the $0.008000 mark. In addition, you can also visit the Dash 2 Trade Discord channel to get profitable trade setups.
Our team member shared this trade, catching a 12% move on BNB, 215%+ gains, risk/reward ratio was 1/15.
Visit our Discord to be in touch with new setups and market analyses. pic.twitter.com/1pUZxEdSyP— Dash 2 Trade (@dash2_trade) June 14, 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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