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Dash 2 Trade’s price action has held its ground above the price support level of $0.007890. As a result, this keeps price action’s hopes of retracing higher price levels alive. Here, the current price of this coin stays around the 0.007900 mark. In addition, technical indicators are hinting that price action is about to resume its upside retracement.
D2T: June 23, 2023
Dash 2 Trade Value: $0.007897
D2T Trade Market Cap: $2M
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: 3293
Major Price Levels:
Resistance: $0.007897, $0.007990, and $0.008120
Support: $0.007800, $0.007750, and $0.007700
Dash 2 Trade Now Eyes the $0.008200 Price Mark
Buyers in the D2T market have resisted any significant downward correction of price at this point. As a result of that, indications coming from technical indicators are now suggesting that price action may gain upside traction from here on out.
The last price candle is still very close to the 9-day Moving Average (MA) curve, which stands above the 21-day MA. Meanwhile, the RSI lines have already reached deep into the oversold region. Also, the lines of this indicator are now approaching a bullish crossover in the oversold area.
Consequently, this is suggesting that the price is already gaining some upside momentum, which will propel the price upwards.
D2T Maintains Promising Outlook in the Face of Headwind
In the Dash 2 Trade hourly market, the behavior of price activity still holds an optimistic outlook based on trading indicators. Here the MA lines have converged for a bullish crossover below the last price candle on this chart.
At the same time, the Moving Average Convergence Divergence (MACD) indicator is now above the equilibrium level. Although these lines are currently moving sideways at a close distance.
Nevertheless, the fact that they are above the equilibrium point suggests a good outlook for this market.
Consequently, summing up market indications in this market, traders can anticipate that a price retracement may occur towards the $0.008200 mark. You can also get insight into SmartMoney using the D2T Smart Money Discord channel.
🔎 Smart Money Insight from our Discord yesterday
Don’t miss the next one!
📈 #SmartMoney Stablecoin holdings dropped from 17.6% to 15% in recent days, indicating increased position openings. #CEX stablecoin inflow went up as well, reaching $1.44B on June 16 alone. This… pic.twitter.com/ahaFXl5ki0
— Dash 2 Trade (@dash2_trade) June 21, 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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