Dash 2 Trade Price Prediction for Today, May 2: D2T Price Hits a Strong Support, May Rebound Upward at This Point

Price movements in the Dash 2 Trade market seem to have arrived at a strong base, which has been holding for four sessions. Trading indicators also predict that price action may move in a positive direction at this point.

Dash 2 Trade: May 2, 2023
Dash 2 Trade Value: $0.01578
D2T Trade Market Cap: $4,512,669
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #2877

Major Price Levels:
Resistance: $0.01578, $0.01600, and $0.01640
Support: $0.01558, $0.01538, and $0.01518

Dash 2 Trade Price Hits a Strong Support Level

Examining the D2T 4-hour market, it was observed that price activities have been testing the support around the $0.01570 mark for about four sessions. However, this level has remained unbroken until this point. Meanwhile, the applied Relative Strength Index (RSI) curves have started indicating that upside momentum is being gathered by market bulls. This opinion arose from the behavior of the lines of the RSI, as they are trending upwards following a crossover in the oversold area. This suggests a build-up of bullish momentum in this market.

Bullish Momentum Is Reflecting in the Dash 2 Trade Market

Extending this price analysis to the Dash 2 Trade 1-hour market reveals that the perceived bullish momentum in the previously examined time frame is already manifesting in the market. The last price candle here is a bullish one with moderate body size. Also, it could be noticed that prices have increased from $0.01578 to $0.01590. Furthermore, the Bollinger Bands indicator curves seem to be narrowing down, and this agrees with the opinion that bullish momentum is building up. Consequently, the D2T price may retrace the $0.01700 mark as trading activities continue. In addition, some issue concerning the D2T platform has been corrected, which makes it easier to use.

4️⃣ Beta development updates – 4/5

📅 Date formatting to string (“X days ago”)
🐛 Fixed issue with ETC link

Dash 2 Trade development team has fixed a few issues, making our platform more user-friendly!

Check it out now and let us know what you think!

— Dash 2 Trade (@dash2_trade) May 2, 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!