In the Dash 2 Trade market, price momentum is building towards an important resistance level. Also, technical indicators are displaying positive signs that this crypto price may even rise beyond this price mark at this point.
Dash 2 Trade: May 4, 2023
Dash 2 Trade Value: $0.01594
D2T Trade Market Cap: $4,455,040
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #2993
Major Price Levels:
Resistance: $0.01600, $0.016530, and $0.01664
Support: $0.015594, $0.01564, and $0.015435
Dash 2 Trade Bulls Are Charging Toward the $0.01600 Mark
The Dash 2 Trade 4-hour market seems a bit volatile at this point. However, this perceived volatility seems beneficial to price movement in this market. The last price candle here is dashed-shaped and has brought some downward retracement. Nevertheless, the appearance of the Stochastic Relative Strength (RSI) indicator suggests that price momentum is still on its way upward.
D2T Price Stays on Track Towards Higher Resistance
On the 1-hour D2T market, the last price candle on this chart is similar to the one on the 4-hour market. Also, the Bollinger Bands’ upper and lower bands are widely dilated, which indicates volatility. Furthermore, the RSI curves are still projected upward above the 70 levels of the RSI. Although the leading line of this indicator seems bent towards the lagging one. Nevertheless, given the level at which these lines are, it is much easier for more bullish momentum to increase. Subsequently, this will result in an additional price increase towards the $0.01700 mark. It will also be profitable for you to join the Dash 2 Trade now, to make the best out of crypto trading.
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— Dash 2 Trade (@dash2_trade) May 3, 2023
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