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Price action in the D2T market seems to have broken free from headwinds. Price action in this market seems to have started moving in leaps and bounds and appears ready for a significant upside retracement. Let’s get a closer examination of this cryptocurrency’s market activity.
Dash 2 Trade: May 30, 2023
Dash 2 Trade Value: $0.01199
D2T Trade Market Cap: $3,497,510
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3215
Major Price Levels:
Resistance: $0.01199, $0.01235, and $0.01265
Support: $0.01175, $0.01145, and $0.01115
D2T Price Movements Start Testing the $0.1205 Resistance Price Level
The D2T/USDT price action on the 4-hour market seems to be showing readiness to retrace further upwards into the buyers’ region on the Fibonacci Retracement level. Here, the last price candle has pierced through the $0.01205 mark with its wick. Meanwhile, this price candlestick stands above the middle of the Bollinger Bands indicator. Additionally, an upside crossover seems on the way for the Stochastic RSI indicator. This can be seen as the lines of this indicator have just crossed each other on their way towards the 65 level of the indicator from above it. This signals that price action is on an upward path.
Dash 2 Trade Continues to Leap Upward
The Dash 2 Trade 1-hour market seems to be showing upside volatility, as its price action poked through the $0.01200. As of the time of writing, D2T’s price is now $0.01202. The appearance of the last price candle shows that buyers are in control of price movements. The line of the Relative Strength Index (RSI) is rising very sharply towards the overbought zone. Also, there is a great distance between the RSI leading line and the lagging line. Consequently, this suggests that price movements may be volatile in the upward direction. There, traders can expect a price retracement towards the $0.01250 mark. Also, if you are looking for great crypto prospects, the D2T platform can be of great assistance to you!
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— Dash 2 Trade (@dash2_trade) May 29, 2023
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