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The D2T price action has significantly broken the $0.01400 price mark, as expected. Furthermore, it has even punched through the $0.01500 mark to now reach $0.01517. And still, the technical indicators here are still upside biased.
Dash 2 Trade: May 11, 2023
Dash 2 Trade Value: $0.01517
D2T Trade Market Cap: $4,455,040
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #2930
Major Price Levels:
Resistance: $0.01517, $0.01556, and $0.01600
Support: $0.01500, $0.01480, and $0.01450
Dash 2 Trade (D2T) Ramping Upwards
As earlier mentioned, D2T price action has moved significantly upward in the last 24 hours. And in the 4-hour market chart, the majority of indications align with the possibility of an additional price increase. The last price candle on this chart shows that upside forces are in firm control. This could be seen as the tiny body of this candle was pulled way up. Also, price activities in this market are occurring significantly above the middle band of the Bollinger Bands indicator. Meanwhile, the Average True Range indicator is pointing out the overall trend in this market. In addition, the Stochastic Relative Strength Index (RSI) is at the initial stage of a bullish crossover while still in the oversold region.
D2T Upside Move Stays Optimistic
On the D2T 1-hour market, the last price candle has found support at the middle band of the Bollinger Bands. It can also be seen that the last price candle appears significantly larger. Also, the ATR is still projected slightly upward to indicate the general market trend as of now. However, the RSI indicator curve is now approaching a bullish crossover. Nevertheless, if buyer bulls can retain control of price action a bit longer, more upside momentum will set in. Consequently, this will abort the downward crossover on the RSI, and cause more upside retracement in this market, be that as it may. In addition, you can enhance your crypto trading game for more profits with Dash 2 Trade.
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