Dash 2 Trade Price Prediction for Today, May 16: D2T Set to Find Strong Support Above $0.01200

Azeez Mustapha

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Dash 2 Trade buyers have kept price action steady around the 9-day Moving Average. Also, price action has just poked a very notable support level at $0.01200 to rise above it. Let’s further examine the price action in this market.

Dash 2 Trade: May 16, 2023
Dash 2 Trade Value: $0.01200
D2T Trade Market Cap: $3,427,057
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3072

Major Price Levels:
Resistance: $0.01207, $0.01237, and $0.01277
Support: $0.01200, $0.011980, and $0.01950

Dash 2 Trade Price Prediction for Today, May 16: D2T Set to Find Strong Support Above $0.01200

Dash 2 Trade (D2T) Regains Traction Above the $0.01200 Price Level

The last price candle on the Dash 2 Trade Market has just burst through the 9-day Moving Average (MA) curve. This price movement has placed price action above the MA curve and is well-positioned for additional upside moves in this market. Also, the Moving Average Convergence Divergence indicator curves have started rising towards the 0.00 mark of the indicator. Meanwhile, the histogram bars on this indicator are now appearing green above the equilibrium level of the indicator. By implication, signs from this market suggest that the D2T price may increase at this point.

Dash 2 Trade Price Prediction for Today, May 16: D2T Set to Find Strong Support Above $0.01200

Signs of a Further Price Increase Stay Prominent in the D2T Market

In D2T the hourly market, trading activity stays consistent with positive indications. The last price candlestick seems to have grown bigger than the ones for the previous trading sessions. Also, it can be observed that price action has grown thin in previous trading sessions, so the appearance of this last price candle seems to be suggesting a gradual return of positive volatility in this market. Additionally, the MACD curves are nearly crossing to the positive side of the indicator. It could be inferred here that this market is getting ready for a more significant upside move, perhaps towards the $0.012500 mark. Additionally, you can get exciting updates about crypto presales on the Dash 2 Trade platform.

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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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