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Dash 2 Trade has been able to sustain its upside price retracement. Even the ongoing trading session shows that buyers are in pursuit of the price mark of $0.00800. Moreso, trading indicators maintain fair standing in agreement with the opinion of further price increases in this market.
D2T: June 22, 2023
Dash 2 Trade Value: $0.007906
D2T Trade Market Cap: $2M
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: 3253
Major Price Levels:
Resistance: $0.007906, $0.00756, and $0.008020
Support: $0.007900, $0.007850, and $0.007800
Dash 2 Trade May Have Found a Strong Foothold Above the Bullish Zone
Recently, Dash 2 Trade price action broke out of the resistance price level formed by the 78.60 Fibonacci Retracement level at $0.007814. This suggests that price action has crossed into the buyers’ zone on the Fibonacci Retracement tool.
As a result, price movement in this market has surpassed the 9- and 21-day Moving Average lines. The last price candle here is a green inverted hammer price candle. This implies that the upside retracement here may grow stronger.
However, the Relative Strength Index (RSI) indicator lines are largely trending downward. Nevertheless, a careful observation of the terminals of these lines will reveal that they seem to be moving closer to each other for a bullish crossover already.
By implication, this further strengthens hopes of more upside retracements in this market.
Bulls Stay at Advantage in the D2T Market
On the 1-hour market, buyers have a safe standing against sellers because even the last price candle, which signifies a downward retracement, still places the current price of this token, above the MA curves. This reveals that upside hope isn’t suffering any setbacks despite minimal price decreases.
The D2T price stays the same as it is in the 4-hour market. Furthermore, the Moving Average Convergence Divergence (MACD) indicator lines are now approaching each other for a crossover above the equilibrium level.
In addition, the bars of this indicator are now pale red in appearance and shorter. This points out that bears are very weak and may grow weaker, thus giving way for price action to retrace the $0.009000 price mark. Also, it is revealed through the Dash 2 Trade Smart Money post that a huge pump is on the way.
Join the platform to stay tuned, for more profitable insights.
I wonder if there was a way to see this 📈 #PUMP 📈coming…
16th Jun saw a huge #inflow of stables on #CEXs, which we mentioned on our Smart Money post on Discord.
Stick around, be ahead of the move. 💰 pic.twitter.com/YZDI2gWQpb
— Dash 2 Trade (@dash2_trade) June 21, 2023
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