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Buyers in the Dash 2 Trade market seem to have effectively resisted the bears, pushing the price back above the $0.02700 price mark. Meanwhile, trading indicators are still pointing out that the price may still move higher in the coming sessions. Let us take a closer look at price movement in this market.
Dash 2 Trade: March 21th, 2023
Dash 2 Trade Value: $0.02727
D2T Trade Market Cap: $8.34 million
D2T Trade Block Flowing: 299 million
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #2725
Major Price Levels:
Resistance: $0.02727, $0.02800, and $0.02900
Support: $0.02700, $0.02657, and $0.02600
Dash 2 Trade Retains Support Above $0.03000
Over the past three trading sessions in the D2T/USDT market, buyers have gathered some moderate profit. Consequently, this has pushed the price closer to the $0.02800 mark. The last price candle is a red one, which represents a minute downward retracement. However, the Stochastic RSI indicator shows that price movement still has a general upside bearing. This can be observed through its lines as they keep moving upward and towards the 40-level. Also, the Moving Average Convergence and Divergence (MACD) Indicator is now revealing that sellers are losing momentum. Subsequently, this will give buyers the opportunity to raise the price of the Dash 2 Trade token.
Buyers in the D2T market Are About to Break an Important Resistance Level
On the D2T/USDT hourly market, buyers keep gathering more upside momentum. The last price candle on this chart is now testing the resistance formed by the 21-day EMA curve. If price action should break this level, bullish momentum will pile up, and more upside price levels may be revisited. Furthermore, the RSI indicator is at the initial stage of a bullish crossover. Consequently, this shows that price action now has more upside propensity. Also, the MACD indicator now shows the that upside momentum is getting stronger. This is revealed as the indicator’s green histogram bars have regained their solid green appearance. So, traders can hope to see the Dash 2 Trade price break the $0.02850 mark. Furthermore, trading is made easy by our trading strategists and social trading tools. Also, using our bespoke scoring system, users can take part in cryptocurrency presales.
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— Dash 2 Trade (@dash2_trade) March 19, 2023
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