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Dash 2 Trade’s market has rebounded off a key support level and has poked further into buyers’ territory. Consequently, price action has more upside chances, as more buying impetus may be triggered at this point. Let’s get a closer look at how price activity may develop shortly in this market.
Dash 2 Trade: May 31, 2023
Dash 2 Trade Value: $0.01205
D2T Trade Market Cap: $3,497,510
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3214
Major Price Levels:
Resistance: $0.01205, $0.01240, and $0.01280
Support: $0.01200, $0.01180, and $0.01150
D2T Is Rising Against Headwinds
On the D2T 4-hour market, price action can be seen pushing further upwards through the last green price candlestick. This is happening despite the indications on the Relative Strength Index (RSI) indicator, as the lines of this indicator are trending downwards. Nevertheless, the indications coming from the Moving Average Convergence Divergence Indicator (MACD) seem to be a better omen. Here, the lines of this indicator are moving slightly upward, above the equilibrium level. As a result, this suggests that price action may sustain the upside trajectory.
Dash 2 Trade is Advancing on its Upward Path
The D2T 1-hour market is revealing that tailwinds are still acting on price movements. As a result, the last moderate-size price candle has also broken through an important price level, subsequently placing Dash 2 Trade’s price at $0.01206. Furthermore, it appears that more bullish momentum may be on the way, as the lines of the RSI indicator have converged for a bullish crossover just above the 50 mark of the indicator. At this point, it appears that prices in this market are setting sail toward the $0.01250 mark. Also, users should note that with the D2T platform, you can build more profitable trading strategies.
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— Dash 2 Trade (@dash2_trade) May 31, 2023
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