Bulls in the D2T market seem to have defended the support at $0.03023 quite well. And now, there are indications that prices in this market may attempt to break higher resistance at $0.03200. So, let’s zoom in to get better view of price action in this market.
Dash 2 Trade: April 6th, 2023
Dash 2 Trade Value: $0.03037
D2T Trade Market Cap: $8,393,423
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #2693
Major Price Levels:
Resistance: $0.03037, $0.03100, and $0.03160
Support: $0.03000, $0.02960, and $0.02920
.03200 Mark" width="1232" height="707" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/04/D2TUSDT_2023-04-05_13-50-46.png"/>
Dash 2 Trade (D2T) Bull Finds a Strong Footing
Dash 2 Trade (D2T) 4-hour chart reveals that price action has reached a strong base of support. This mentioned support can be found at around $0.03023, just below the middle limit of the Bollinger Bands. Also, looking at the Bollinger Bands indicator, one can perceive that the indicator is slightly tilted in the upward direction. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines are still above the 0.00 level. However, the lines of the MACD are now trending slightly downward. Yet, going by the majority of indications from the used trading indicator, one can expect an upside bounce in this market.
.03200 Mark" width="1232" height="707" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/04/D2TUSDT_2023-04-05_13-53-08.png"/>
Signs of an Impending Upside Move in the D2T Market Remain Evident
The bulls in the D2T 1-hour market seem to keep defending the $0.03023 quite well. Meanwhile, technical indicators are staying positive about the possibility of an upside price move. The MACD curves are approaching a bullish crossover, while its bars are now pale red and growing shorter. Also, the Stochastic Relative Strength (RSI) indicator curves are still trending upward, undisturbed. Technically, all signs here suggest that the Dash 2 Trade price will rise, and may rise towards the $0.03200 price mark. Additionally, the Dash 2 Trade Beta version is designed to meet the needs of both expert and newbie crypto traders. Everyone is welcome.
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