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Bulls in the Dash 2 Trade market have pushed prices above a significant price threshold. Meanwhile, technical indicators are revealing that bulls may have enough strength to push prices above the $0.007200 mark. However, more may be expected from this market.
D2T: June 20, 2023
Dash 2 Trade Value: $0.007140
D2T Trade Market Cap: $2M
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: 3187
Major Price Levels:
Resistance: $0.007140, $0.007200, and $0.007250
Support: $0.007100, $0.007080, and $0.007040
Dash 2 Trade Price Action Is in Position to Catch a Tailwind
Recently, price action in the Dash 2 Trade market crossed above the 9- and 21-day Moving Average (MA) lines. Subsequently, it appears that short traders took advantage of this, but long traders were quick to regain control of price movements. As a result, green price candles appeared while price action was above the MA lines. This suggests that the price action will continue on its upward path. The Moving Average Convergence Divergence (MACD) indicator curves can be seen rising steadily toward the equilibrium point undisturbed despite the shaky momentum in this market. All these suggests that the upside retracement may extend toward higher levels.
Bullish Momentum Is Getting Stronger in the D2T Market
Moving forward to the D2T 1-hour market, it can be seen that buyers are maintaining a firm grip on price action. The last price candlestick on this chart appears larger than the one on the 4-hour market. Consequently, this has pushed the price further to $0.007141. Additionally, the Moving Average lines (9- and 21-days) have just delivered a bullish crossover beneath the last green price candlestick on this chart. This will provide more buying confidence to traders in this market. Simultaneously, signs of weakness can be spotted in the bears through the MACD indicator. Summing up upmarket signs, it could be seen that the price of this crypto may find support above $0.007600 very soon. Furthermore, the future of cryptocurrency looks bright going by the presented data, as old crypto traders stayed put in the market during the face-off between the crypto industry and the SEC.
12/ Looking ahead, the data presents a promising picture for the future of #crypto. Old traders haven’t been swayed by the #SEC suits. Mostly stayed calm and steady while some ‘whales’ appear to have seized this opportunity to accumulate more. #CryptoMarket #CryptoFuture“
— Dash 2 Trade (@dash2_trade) June 19, 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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