After price action in the D2T/USDT market tested the $0.01300 price mark, the market bear came alive. As a result, price action experienced strong resistance at this price level. However, market bulls were able to regain control, and have continued pushing prices upwards again.
Dash 2 Trade: February 17th, 2023
Dash 2 Trade Value: $0.01284
D2T Trade Market Cap: —–
D2T Trade Block Flowing
Dash 2 Trade Total Supply: —-
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3146
Major Price Levels:
Resistance: $0.01284, $0.01316, $0.01346
Support: $0.01264, $0.01244, $0.01214
D2T Price Action Sets Sail Towards $0.01340
Now that buyers seem to have regained control of price action, D2T/USDT looks ready to break more resistance levels. A green price candle has appeared on the Dash 2 Trade 4-hour market, and it re-focused price action in the upside direction. Also, the MACD indicator has started showing that upside momentum has started building up once more in this market. Meanwhile, the RSI curves are already in the oversold region. However, its recently delivered crossover seems to be slightly turning sideways due to the latest price development. Nevertheless, price activity continues to happen at the upper limit of the Bollinger Bands.
D2T Keeps Trading Above the $0.01280 Mark as Price Action Looks Set to Extend Its Upside Move
On the hourly D2T/USDT market, the price candle for the previous trading session has found support at the middle band of the Bollinger Bands. Furthermore, the line of the Stochastic RSI indicator maintains its upside trajectory. Consequently, this reveals that the market’s upside focus seems to remain intact, despite the ongoing setback posed by the last price candle on this chart. Also, the lines of the MACD are still above the equilibrium level. Additionally, this indicator seems to have recently aborted a bearish crossover. From the signs on this market, we can assume that price action remains on a course toward the $0.01400 price mark. You can also uncover the taxless Dash 2 Trade token, and get deep insight into the market, through our trading analytic platform.
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